The Monmouth Federal Credit Union was formed in 1953 and is a member-owned, not-for-profit organization serving the communities of Monmouth, Leeds, Litchfield, Turner, Wales and Greene.

To better serve its busy members, MFCU has two convenient locations, one in Monmouth at the Walker building, 1176 Main Street, just off Route 202. Greene’s branch office is located on the Patten Road, just off Rt. 202 as well.

According to MFCU’s president, Margie Gagne, the credit union’s mission is to be their member’s primary financial institution; to strive to provide personalized, quality services at fair and reasonable rates while maintaining financial stability.

“Our members are not just a part of this community, they are this community. Each one has goals and dreams in life. They work hard to feed their families; they go to soccer games and save whenever they can,” said Gagne, adding that  some are saving for college, putting money aside to retire or taking care of an elderly parent. They’re young, old and everywhere in between.

“That is what makes this credit union what it is!” she added. “We are a part of thousands of success stories.”

Many of the Monmouth Federal Credit Union’s values came from one of the board members who had dedicated over 50 years to the success and leadership to this institution.

“Bob Walker believed it was a community of people helping each other,” said Gagne. “’It’s all about the people,’ he used to say.”

And with the members in mind, MFCU has recently introduced new services for its members.

“We now offer Net-Teller,” said the president. “It’s a free online banking service. Once enrolled, members will have secure access to their accounts from anywhere in the world.”

Coming soon, members will be able to get paperless e-statements and mobile banking.

“Members are very excited knowing that in the near future, they can do most of their banking by just a few taps on their smartphone. All three of these benefits have been very much in demand.”

MFCU is also a part of the Shared Banking Network, which is a group of credit unions allowing members to perform transactions such as cashing payroll checks, making deposits, transfers and loan payments at any other participating credit union.

MFCU is also proud to be involved with many community activities and charitable causes.

“One such charity is Maine Credit Union League’s Campaign for Ending Hunger in Maine. We have a golf tournament and do many other fundraising campaigns throughout the year such as selling candy bars, baked goods and candles — contributing over $800 to each of four, local food pantries,” said Gagne.

“It feels good to help the community,” she added. “And every penny stays in the state of Maine.”

With Walker’s initial help, both branches have grown to what they are today, offering access to a full array of services such as savings and checking accounts, loans and Visa debit cards — competitive rates, drive-thru services, ATM machines and outstanding member service.

“Bob’s thoughts were always to do for the people,” the president said. “He told me that as long as we remembered we were here for the members we can never go wrong. We’ve always felt that we owed it to him to stand up to his standards.”

For more information, find them on the web at monmouthfcu.com or call Monmouth at 207-933-2667 or Greene at 207-946-2463.

Monmouth location staff include, front center: President Margie Gagne; from left, back: Melody Danforth, Stacey Hamner, Lena Galipeau, Charlene Vannah and Nicole Allen.