Despite an economy that has prompted many lenders to pull back, lending is accessible and strong at Maine’s credit unions.  While institutions across the country were tightening lending availability, Maine’s Credit Unions continued to lend money and were sources of credit to thousands of Maine consumers, with loans outstanding to members exceeding $3.5 billion.

More than the ability to get a loan at a trusted financial institution, choosing a Maine Credit Union for your loan is a decision that will save you money! The most recent study on the Economic Benefit of Credit Unions To Maine Consumers found that consumers saved more than $14 million annually by having an auto loan with a Maine credit union instead of another financial institution. 

Maine credit unions go beyond lending basics to provide smaller loans to help with unexpected life events or emergencies, or just to help a member though a rough patch. Credit unions are known for providing members with smaller loans to help them get back on their feet!

No matter what you need, Maine credit unions are here to help. Visit www.mainecreditunions.org to find a credit union and begin the lending process today!

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