Business Details
50+ Years
experience
Your Trusted Financial Partner in Maine
Since 1940, Seaboard Federal Credit Union has been committed to meeting the financial needs of our members through personalized service and community-focused initiatives. As a member-owned, not-for-profit institution, we prioritize returning value to our owners through competitive rates, low fees, and high dividends. Our democratic governance structure allows members to elect a Board of Directors, ensuring decisions align with community interests. Insured by the National Credit Union Administration (NCUA) up to $250,000, we provide secure financial solutions for individuals and businesses in Hancock, Washington, Waldo, and Penobscot Counties, Maine. Our dedication extends beyond banking through active participation in local events and fundraising efforts, including the Maine Credit Unions Campaign for Ending Hunger.With services ranging from personal and business loans to savings accounts and credit cards, we empower members to achieve financial stability. Our team combines decades of experience with a commitment to transparency, ethical practices, and member satisfaction. Through shared branching and surcharge-free ATMs, we offer convenient access to banking resources. By balancing innovation with tradition, we remain a trusted partner for generations of Mainers. Our mission to strengthen local communities drives every decision, ensuring long-term value for our members.
Services
Personal Loans
Business Loans
Savings Accounts
Credit Cards
Student Loans
Mortgages
Merchant Services
Shared Branching
Online Banking
Financial Education
Details
- Year established: 1940
Highlights and features
- We are a member-owned, not-for-profit financial institution focused on your needs.
- Our community involvement includes annual support for the Maine Credit Unions Campaign for Ending Hunger.
- All accounts are insured up to $250,000 by the National Credit Union Administration (NCUA).
- We offer competitive rates on loans, savings, and certificates with low minimum balances.
- Our local branches serve Hancock, Washington, Waldo, and Penobscot Counties directly.
Associations and certifications
- National Credit Union Administration (NCUA)
What people say
Member-owned benefits
Community involvement
Competitive rates
Local service focus
Services
Personal Loans
Flexible personal loan options with competitive APRs starting at 11.40%. Designed for debt consolidation, major purchases, or unexpected expenses. No prepayment penalties and straightforward application processes ensure accessible financing for qualified members.
Business Loans
Tailored lending solutions for Maine businesses including working capital, equipment financing, and expansion funding. Competitive rates and local decision-making support growth for small and mid-sized enterprises across our service area.
Savings Accounts
Low-minimum savings accounts with tiered APYs up to 2.90% for money market options. Certificate of Deposit rates at 3.61% APY for 12-month terms provide secure growth opportunities for short and long-term financial goals.
Credit Cards
Rewards-based VISA credit cards with APRs starting at 9.90%. Features include fraud protection, mobile banking integration, and customizable alerts to help members manage spending responsibly while earning cashback rewards.
Student Loans
Affordable education financing options with competitive rates to support higher learning. Dedicated advisors help students and families navigate loan terms, repayment plans, and financial literacy resources for long-term success.
Questions
How do I become a Seaboard Federal Credit Union member?
Membership requires living, working, worshipping, or studying in Hancock, Washington, Waldo, or Penobscot Counties, Maine. Open a savings account with $5 to start.
What loan types does Seaboard offer?
We provide personal loans, home equity lines, auto loans, business financing, mortgages, and student loans with competitive rates tailored to member needs.
Are my deposits insured at Seaboard FCU?
Yes, all accounts are insured up to $250,000 by the National Credit Union Administration (NCUA), a U.S. government agency.
Does Seaboard support local community initiatives?
We actively participate in Maine's Credit Unions Campaign for Ending Hunger and sponsor local events like Bucksport Bay Festival and Ellsworth Autumn Gold.
Can I bank remotely with Seaboard FCU?
Yes, we offer online banking, mobile apps, surcharge-free ATMs, and shared branching through Credit Union Service Centers nationwide.
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