Growth Strategies

One reason given for the merger is "it's becoming more difficult for smaller credit unions to compete."

Maine Harvest FCU launches just in time for the flattening of net interest margins in 2020.

Service One CU will further expand its presence in the state by gaining Security Plus FCU's sole branch in Russellville.

Thrive CU adds two neighboring counties to its field of membership.

SEFCU becomes the state's fourth largest financial cooperative with $8.3 billion in assets and more than a half-million members.

Wanigas CU will merge with Financial Plus CU to serve roughly 80,000 members.