Cool Tip: Freeze Your Credit!
April 2024 Temperatures might be on the rise but it’s smart to keep your credit report on ice. By Abbey Ramsay, Consumer Lending Manager, AVP You may have heard about freezing your credit but might not know what that means. Well, we are here to help defrost any confusion. A credit freeze is a voluntary…
Read MoreUCU Has Earned the AARP BankSafe Seal
April 2024 We’re thrilled to share that we have earned AARP’s BankSafe Trained Seal in recognition of our unwavering dedication to protecting our elder members from financial exploitation. The BankSafe designation is earned after over 80% of an organization’s frontline staff completes AARP’s comprehensive BankSafe training. Jilenne Gunther, National Director of AARP’s BankSafe Initiative, is…
Read MoreUCU Celebrates Local Volunteerism with 2024 Here for U Day of Service
ORONO, Maine (April 17, 2024) – On Patriot’s Day, UCU team members across the state of Maine dedicated their time to give back to local communities with a credit union-wide day of service. Driven by the credit union philosophy of people helping people, more than 85 employees gathered in the morning in both Orono and…
Read MoreUCU and Changing Seasons FCU Announce Intent to Merge
Hampden-based Changing Seasons FCU will join Orono-based University Credit Union ORONO and HAMPDEN, Maine (April 1, 2024) – University Credit Union (UCU) in Orono and Changing Seasons Federal Credit Union (Changing Seasons) in Hampden today announced an agreement to merge, welcoming Changing Seasons members and staff to UCU, pending regulatory and membership approval later this…
Read MoreTips for Getting Financially Fit for Financial Literacy Month
March 2024 At UCU, we know that reaching your financial goals is essential – and when you know more about money management, you are more likely to navigate financial challenges successfully and achieve those goals. With April being Financial Literacy Month and Credit Union Youth Month, there has never been a more appropriate time to…
Read MoreUCU Expanding into Kennebec County
Credit Union to open full-service Augusta location this summer ORONO, Maine (February 26, 2024) – University Credit Union (UCU) will open its first credit union branch in Kennebec County in early summer 2024, located at 67 Sewall Street in Augusta. Over the next several months, UCU will be renovating the building, previously occupied as a…
Read MoreWhat’s Next in Fraud
February 2024 As technology advances, you can expect fraud techniques to get more sophisticated. Today, fraud is a booming business, valued in the billions of dollars nationwide each year. What can you expect and, even more important, what can you do about it? Educating yourself is the best step, so read on for our insights…
Read More2023 Member Highlights
In celebration of 2023, we are taking a look back at ways our member-owners enjoyed their UCU membership! As a not-for-profit financial cooperative, UCU returns value to its members in the form of rewards, low rates, and high yields. There are many ways that UCU is ‘Here for U’ for our members; this is a…
Read MoreMake Your Money Work for You
January 24, 2024 In tight financial times, every dollar counts more than ever. You work hard for your dollars, so it’s important to make your dollars work hard for you too! Follow these tips to help maximize the impact you can make with your money. Go for High Yields One fundamental way to make your…
Read MoreUCU Expands Membership Opportunities
ORONO, Maine (January 18, 2024) – University Credit Union (UCU) has recently taken steps to amplify membership opportunities for Mainers across the state. In addition to its longstanding relationship with the University of Maine System, other groups, and surrounding communities covering Portland to Presque Isle, UCU is expanding its membership opportunities with a community charter.…
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