In today’s economy, it can be difficult to know where to turn for help. Members of Maine credit unions, however, know that they have a partner they can always rely on. Since the first Maine credit union was formed in 1921, Maine credit unions have focused on supporting members, no matter how big or small their needs. Whether a member has lost their job, is unable to keep up with rising healthcare costs, or is struggling to save for a child’s college education, Maine’s credit unions are always there for their members.
“Maine credit unions are about helping people, during good times and, unfortunately, difficult times. The ways in which Maine credit unions work with members through tough times is something credit unions do every day and have done since they were formed,” explained John Murphy, President of the Maine Credit Union League.
From assisting in debt consolidation, reducing interest rates, allowing skipped payments, creating loan extension plans, changing payment terms, offering special loan programs to help with the high cost of heating their homes, and providing general assistance in budgeting and financial counseling, Maine credit unions work with members to help them through a variety of financial challenges.
Such efforts are just some examples of how, throughout the state, Maine’s Credit Unions have the resources, flexibility and compassion to help members weather any storm.
For a complete list and locations of Maine credit unions, go to www.mainecreditunions.org.
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