WESTBROOK, Maine — Shared branching is on a roll in Maine with four credit unions and 12 locations on board since the end of June, the Maine Credit Union League said today.
"For us in a rural area with our members traveling and shopping 45 miles away, it's a matter of providing access and convenience to remain competitive," said Rhonda Taylor president/CEO of the $57 million Maine Highlands Federal Credit Union in Dexter, located in central Maine.
Taylor said her CU, with four branches and whose members do business in Bangor closer to the coast, said the shared operation may not prove to be a money-maker "since we may find our members using other branches rather than the other way around." Nonetheless, member service is key, she said.
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