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Effective September 15, Five County CU’s name has changed to Ancorum CU (Ancorum). The change is the result of an 18-month effort incorporating the opinions of members, staff, and the Board of Directors. Ancorum will continue as a state-chartered credit union with deposit insurance from the National Credit Union Administration.
Julie Marquis, President & CEO of Five County CU commented, “With our ability to serve members in 12 out of Maine’s 16 counties, it was the right time for changing our name. We also wanted a new logo and ‘look’ that reflected our Maine and Bath ship-building roots.”
Starting on September 15, the new name will result in the gradual introduction of the Ancorum name on signage, debit cards, and credit cards. Marketing materials are already changing and the new name will appear on statements within the next month. Importantly, member numbers and account numbers, along with ACH payment or deposit information, will not change.
“Congratulations to Ancorum CU on this exciting milestone,” shared Elise M. Baldacci, President of the Maine Credit Union League. “This name change reflects their continued evolution and growth as they work to meet the emerging needs of their diverse membership. It’s a powerful demonstration of their unwavering commitment to serving members and supporting the communities they call home.”