Business Details
50+ Years
experience
Your Trusted Credit Union in South Portland, ME
Maine Solutions Federal Credit Union is a member-owned financial institution dedicated to providing comprehensive financial services to its community. Established in 1966, we prioritize personalized service and financial well-being for all members. Our eligibility extends to individuals and businesses in Cumberland and York Counties, Maine, ensuring localized support and accessibility. Through strategic partnerships, we offer diverse products including mortgages, student loans, and credit cards, backed by cutting-edge digital tools. Our leadership team brings decades of experience in credit union operations and financial services.We maintain a strong commitment to community development, demonstrated through initiatives like local hunger relief donations. Federally insured by the NCUA, we guarantee security for deposits up to $250,000. Our operational history reflects adaptability, evolving from a semiconductor industry credit union to a community-focused institution. Transparency and member-centric policies guide our practices, including clear loan terms and fee structures. With both physical and digital access points, we combine traditional service values with modern convenience.
Services
Mortgage Loans
Credit Cards
Student Loans
Vehicle Financing
Share Certificates
Checking Accounts
Savings Accounts
Personal Loans
Mobile Banking
ATM Access
Details
- Year established: 1966
Highlights and features
- We offer federally insured deposits up to $250,000 through NCUA protection
- Our local membership eligibility supports Cumberland and York County communities
- We provide specialized financial products through partnerships with Servion and Sallie Mae
- Our 50+ year operating history demonstrates long-term institutional stability
- We maintain surcharge-free access to 30,000+ ATMs nationwide through network partnerships
Associations and certifications
- National Credit Union Administration (NCUA)
Services
Mortgage Loans
We offer first and second mortgage loans with competitive rates for property purchases in Maine. Our 15-year fixed-rate mortgages start at 5.75% APR for first mortgages. Loan officers provide personalized guidance through the application process. All mortgage products include clear disclosure of terms and closing costs.
Credit Cards
VISA and American Express credit card options available with various reward programs. Cards include fraud protection and online account management tools. Interest rates and credit limits determined by applicant's financial profile and credit history.
Student Loans
Private student loan programs offered in partnership with Sallie Mae for higher education expenses. Competitive rates for undergraduate and graduate programs with flexible repayment options. Loan terms designed to complement federal student aid packages.
Share Certificates
Fixed-rate savings certificates with terms from 3 to 60 months. Minimum $500 deposit required with tiered annual percentage yields up to 3.75%. Early withdrawal penalties apply to maintain rate integrity.
Vehicle Financing
New and used vehicle loans for cars, motorcycles, and boats with terms up to 84 months. Competitive APR rates starting at 5.5% for qualified borrowers. Optional GAP insurance available for comprehensive protection.
People
Diana Garcia
President/CEO
Diana Garcia leads Maine Solutions Federal Credit Union with over 20 years of credit union leadership experience and a commitment to member-focused financial services.
Scott Hopkins
Chairperson
Scott Hopkins chairs the Board of Directors, bringing extensive governance experience and community banking insights to strategic decision-making.
Questions
Who is eligible for membership?
Residents, workers, worshippers, and students in Cumberland or York Counties, Maine, plus their family members and local businesses.
How do I apply for a mortgage loan?
Contact our loan officers for pre-qualification, submit required documentation, and complete the application process through our Servion partnership platform.
What digital banking options exist?
We offer mobile apps for iOS and Android, online bill payment, e-statements, and 24/7 account access through our digital banking portal.
Are there ATM fees?
No surcharges for transactions at our 209B Western Ave ATM or through Co-op, CU Surf, and CU 24 Network ATMs nationwide.
How do I open an account?
Start with a $25 deposit in a share account, provide required identification, and complete our federal compliance verification process.
