Connected Credit Union shares profits with members as they are owners/share holders of a financial cooperative. Originally chartered in 1967 as the Maine Teachers Association Credit Union – to serve Educators throughout Maine; changing its name to Maine Education Credit Union in the mid 90’s. In 2005 we acquired Chestnut Community Credit Union thus extending our potential membership base to include all those living or working in Kennebec and Somerset Counties. The Board of Directors voted to change our name to Connected Credit Union in Dec. of 2014. Our assets grew to over $44MM and we served nearly 4,000 members within Maine’s Educational System and our local communities.
In 2020, we began a partnership with Winslow Community Federal Credit Union, a strong financial cooperative with whom we share a common culture, providing like services and building security for the members we serve. Our assets have grown to over 100MM and we currently serve over 8400 members with an expanded membership base to include all those living or working in Kennebec, Somerset, Lincoln and Waldo Counties.
Your funds with Connected Credit Union are safe and secure. Administered by the NCUA, the Share Insurance Fund insures individual accounts up to $250,000. A member's interest in all joint accounts combined is insured by up to $250,000.
