Maine Savings is a modern financial institution that offers members a full range of financial services, including RedWallet Checking. It has more than 27,000 members, 10 branches, and nearly 100 employees, making it one of Maine’s largest credit unions. Founded in 1961 by employees of the Bangor and Aroostook Railroad Company, Maine Savings is committed to providing in-person services paired with modern conveniences. The branches are strategically located in Bangor, Bar Harbor (Jackson Laboratory), Brewer, Corinth, Ellsworth, Hampden, Milo, North Vassalboro, and Old Town. With its state-of-the-art technology, Maine Savings operates in the Finance, Financial Services, and Banking industries, and as a federally insured not-for-profit credit union, it is dedicated to serving its membership. Maine Savings has not disclosed its last investment and investors. Overall, Maine Savings presents an interesting opportunity for investors looking into the modernization and innovation within the banking and financial services sector.
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