University Credit Union Portland ME | Affordable Vehicle Loans & Quick Personal Loans

Introduction

At University, located at 391 Forest Ave, Portland, ME 04101, we pride ourselves on being more than just a financial institution; we're a trusted partner in your journey towards financial well-being. Established in 1967, our credit union has grown to serve over 31,191 members, helping them achieve their dreams with a robust suite of financial products tailored to meet their unique needs. While members can visit us at our branch for personal banking services, official correspondence should be sent to 391 Forest Avenue, Portland, ME 4101. With total assets reaching an impressive $498,027,367, we stand strong as a pillar of support in the community. Our commitment to you is reflected in our diverse offerings whether it's checking and savings accounts, auto loans, or credit cards with rewards, we have something for everyone. Led by our dedicated CEO, Renee Ouellette, and Board President, Ency Whitehill, our team of 102 employees is here to ensure you receive personalized service. We are proud of our solid financial health; with total deposits of $21,445,259 and net worth standing at $47,188,377, we assure you that your finances are in safe hands. With convenient features like online and mobile banking, ATMs, and drive-thru services available from Monday to Friday, accessing your funds has never been easier. We also offer tailored business banking solutions to support local entrepreneurs. Join us today and experience the difference that comes with being part of a community-focused credit union. Feel free to call us at 207-772-1906 for any inquiries or visit our website at umaine.edu for more information. Your financial future awaits!

Branch History & Mission

Community Focus

Our commitment extends into the community as well. We actively participate in outreach efforts and form partnerships with local organizations to give back and strengthen our neighborhood bonds. As a member-focused institution, we value your feedback and continually work on initiatives that enhance your experience with us. We invite you to join us at University, where every member matters, and together we can achieve more. Experience first-hand the supportive atmosphere that has made us a trusted name in Portland since our inception in 1967. For any inquiries or assistance, don't hesitate to call us at (207) 772-1906 we're here for you!

Our Mission

The mission of University goes beyond providing excellent financial services; we are dedicated to enriching the lives of our members and supporting the communities we serve. We believe that everyone deserves access to reliable banking services, whether it's personal checking accounts, auto loans, mortgage options, or business banking solutions. Our goal is to empower our members with the tools they need for financial success. We strive for inclusivity and accessibility by ensuring our services are ADA compliant and offering innovative digital banking solutions. Whether you prefer online banking or mobile payments, we make it easy for you to manage your finances on your own terms.

Branch Location & Accessibility

Operating Hours

At the University branch, we understand that convenience matters. Our lobby hours are Monday through Wednesday from 9 AM to 4 PM and Thursday through Friday from 9 AM to 5 PM. For those who prefer drive-thru banking, our ITM is open Monday through Friday from 8 AM to 5 PM. We strive to accommodate your busy schedule so that banking can fit into your day with ease.

Services Offered

We offer a variety of services tailored just for you. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we have something for everyone. Additionally, our credit cards come with rewards that make every purchase worthwhile. If you're a business owner, you'll find our merchant services and business loans helpful as well. For added convenience, we provide ATM access for cash withdrawals and balance checks right on-site. If you need assistance with shared transactions or quick deposits and withdrawals, our drive-thru service is ready to help.

Visit Us Today!

Feel free to reach out at 207-772-1906 if you have any questions or would like more information about our services. Our friendly team is eager to assist you! We invite you to stop by the University branch today and discover how we can support your financial journey. Your satisfaction is our priority!

Member Eligibility

Joining the University community is like becoming part of a close-knit family that truly cares about your financial well-being. If you live, work, or go to school in the Portland area, you're likely eligible to become a member! We welcome individuals from various backgrounds and professions, making it easy for you to access our range of services designed to help you thrive. To get all the details about eligibility criteria, check out our website at . Opening an account with us is straightforward and welcoming. You can start your journey towards membership by visiting us at 391 Forest Ave Portland Me 04101 or giving us a call at (207) 772-1906. Our friendly staff is here to guide you through the process and answer any questions you might have. We believe everyone deserves access to quality financial services, so we strive to make joining University as simple and inclusive as possible. Don't hesitate to reach out; we're excited to help you take this important step!

Business Banking & Commercial Services

Member and Non-Member Commercial Loans

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $46 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions.

Merchant Services

In addition to loans, we offer essential merchant services that simplify transactions for your business. Imagine processing payments quickly and efficiently, allowing you to focus on what you do best running your business. Our tools make managing cash flow easy so you can keep your operations running smoothly. Visit us at 391 Forest Ave Portland Me 04101 in Portland, ME, or call us at (207) 772-1906 to learn how we can support your business journey today!

Outstanding Loan Portfolio

With an outstanding commercial loan portfolio of $12,974,459, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking Services

For business owners, we provide specialized services such as merchant services and business loans to help your company thrive. At University, we believe in supporting local businesses by offering financial tools that cater specifically to your operational needs.

Convenient Digital Banking Features

In today's fast-paced world, convenience is key. That's why we have prioritized online and mobile banking services at Forest Avenue. You can easily manage your accounts from anywhere using our secure online platform or mobile app. Need cash? Our ATM services allow for quick withdrawals and balance checks whenever you need them.

Drive-Thru and Shared Branch Transactions

If you're in a hurry or prefer face-to-face interaction, take advantage of our basic drive-thru banking services for deposits, withdrawals, and simple transactions. We also participate in shared branch transactions, enabling members of partner credit unions to conduct deposits and withdrawals conveniently at our location. At University, we strive to create an environment where all members feel valued and supported. If you have questions about any of our services or want personalized assistance, don't hesitate to reach out! Call us at (207) 772-1906 or visit us during lobby hours: Monday through Wednesday from 9 AM to 4 PM, and Thursday through Friday from 9 AM to 5 PM. Discover how University can assist with all your financial needs today!

Financial Support for Everyday Needs

Sometimes life throws unexpected expenses your way. That's where our personal loans and debt consolidation services come into play. We aim to provide relief and support so you can focus on what matters most without the burden of financial stress. Additionally, our credit cards with rewards offer great benefits for everyday purchases, making it easier for you to earn while you spend.

Personal Banking Solutions

We offer a variety of personal banking options to make managing your money easier. Our checking and savings accounts are tailored to fit different lifestyles, providing you with the flexibility you need. If you're considering buying a car, our auto loans and vehicle financing can help get you on the road quickly. For those looking to own a home, we have mortgage loans and refinancing options that can make homeownership more accessible.

Digital & Online Banking

At University, we understand that managing your finances should be as convenient and secure as possible. That's why we offer a robust suite of digital and online banking services designed to fit your busy lifestyle. With our user-friendly platform, you can access your accounts anytime, anywhere. One of the standout features is our 24/7 online banking service, which allows you to check your balance, transfer funds, and pay bills whenever you need. Just visit us at https://umaine.edu/ to get started! Plus, for those who prefer using their smartphones, our mobile application makes banking even easier. With just a few taps, you can manage your finances right from the palm of your hand. We also provide convenient options like person-to-person transfers. Whether you're splitting a bill with friends or sending money to family, this feature simplifies the process. And if you're looking to go paperless, our e-statements are available for you. They not only help reduce clutter but are also more secure than traditional mail. Security is a top priority at University. Our platform includes electronic signature authorization, ensuring that your transactions are safe and secure. You can also take advantage of our mobile payments feature, allowing you to make purchases directly from your phone without any hassle. In summary, with the tools available at University, managing your finances has never been easier or more secure. Enjoy real-time account management and peace of mind knowing that we're here to support you every step of the way!

Financial Strength

At University, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are dedicated to maintaining a strong financial foundation so that you can feel confident in choosing us for your banking needs. With a net worth of $47,188,377, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $948 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $57,188,033 in share certificates and $14,200,863 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. Our commitment to your financial future is evident in our impressive earnings; with $47,188,377 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. With $3,806 in used auto loans and $404,588,646 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Our operational efficiency is reflected in our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 99 full-time employees and 3 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $4,897,861. Total Share and Deposit Accounts: 66,772, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, University is your trusted partner. Visit us at 391 Forest Ave Portland Me 04101 or call (207) 772-1906 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $58,964,700 in used vehicle loans and $15,939,743 in new vehicle loans already helping members get on the road. Whether you're considering a new or used vehicle, our financing options can provide you with affordable monthly payments tailored to fit your budget.

Business Loans

For business owners, our outstanding commercial loans totaling $12,974,459 provide the capital needed to grow and expand your operations. We understand the challenges businesses face and are here to support your journey towards success.

Credit Lines

Additionally, we offer various credit lines with a total value of $156,466,556, allowing you to access funds easily when unexpected expenses arise or when opportunities present themselves. At University, we're committed to providing personalized service and expert advice throughout your borrowing experience. For any questions or assistance in finding the right loan product for you, don't hesitate to reach out. You can contact us at (207) 772-1906 or visit us at our branch located at 391 Forest Ave Portland Me 04101 in Portland, ME. Let us help you take the next step towards fulfilling your financial goals!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $27,995,356, make buying or refinancing simple. We offer competitive interest rates and flexible terms, ensuring that you find a mortgage solution that works for you. If you're interested in refinancing your current mortgage, we can assist with that as well!

Unsecured Credit Card Loans

Managing day-to-day expenses is easier with our flexible unsecured credit card loans. With a total of $11,203,372 in loans assisting members in managing their finances effectively, you can enjoy the convenience of having access to funds whenever you need them.

Loan Aggregator

Benefits of Using LendMesh

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How LendMesh Ensures Accurate Loan Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This means users receive fair and transparent offers without hidden fees or surprises.

University

Type of Loan Offerings

Personal Loans

Vehicle Loans