Five Maine credit unions led by the Maine Credit Union League have now pledged $200,000 in no fee/no interest loans to assist some 400 homeowners and businesses impacted by the collapse of a Brunswick oil and gas supplier, it was announced Wednesday.
Disclosure of the industry's financial aid package came at a press conference conducted by Gov. Paul LePage detailing the hardships for residents of three MidCoast counties served by the family-run Thibeault Energy Co. which failed last month.
The new program, which the Maine League helped facilitate and coordinate, will offer affected consumers zero interest, no fee loans to purchase fuel.
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