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Launch of SavvyMoney

We’ve partnered with SavvyMoney, our credit score and education partner, that provides you access to your credit score, full credit report, credit monitoring, and money-saving offers specifically from us, your trusted credit union. Did we mention this is all at no cost to you? This is another exclusive benefit of being a Maine Savings member.

2019 Fourth Quarter Newsletter

THE REED REPORT - Greetings and Happy Fall! What a wonderful time of year – if only it could last about six months more… 

This quarter, I intend to focus on credit union trends, both nationally and within our great state of Maine. I will touch on items such as the financial condition of your credit union, the economic and interest rate environment, growth, and last but not least, mergers, and my opinion of what’s happening within our own state.

2019 Third Quarter Newsletter

Annual Report - On June 5, 2019, Maine Savings held its annual meeting. At that meeting, I reported on the financial condition of your credit union and the history-making year that was 2018, as well as reviewed the accomplishments so far in 2019 and looked ahead at the remainder of this year. 

2019 Second Quarter Newsletter

Growth Continues to Soar - As I reported in my last letter to our membership, as a result of phenomenal growth, your credit union was ranked the largest in the state by asset size at the end of October last year. Currently, there is a merger underway that will combine two fairly large credit unions in southern Maine. This merged entity will assume the top spot in the next couple of months. I take great pride in knowing that Maine Savings’ growth has been purely organic due to our membership utilizing our products and services to such a high extent.

2019 First Quarter Newsletter

I'm pleased to report that as of the end of October, 2018, Maine Savings had become the largest credit union in Maine. Our annualized asset growth was well over 20% for 2018. Loan growth also exceeded 20%. These numbers far exceed any other credit union in the state. We take great pride in knowing that our members utilize our services to such a high extent.