TruChoice FCU and Blue Cross Blue Shield of Maine Employees FCU Announce Plans to Merge

TruChoice FCU and Blue Cross Blue Shield of Maine Employees (BCBSME) FCU have announced their intent to merge, subject to NCUA and member approval.

With an increasing desire among the membership for remote services, additional products, and enhanced access, the Board of Directors at BCBSME FCU felt that partnering with the right credit union would ensure their members would continue to receive exceptional service with a community focus, while having access to a wider range of digital services.

In evaluating possible partners, the BCBSME FCU Board of Directors made sure that shared values were the top priority. TruChoice FCU is a local credit union based in Portland, with branch locations in Portland, Biddeford, and Buxton. For over 65 years, TruChoice FCU has built a reputation in the community as a trusted partner with a deeply held commitment to the idea of People Helping People. TruChoice FCU serves members across ten counties and is deeply involved in several charitable organizations including the Maine Children’s Cancer Program and the McAuley House.

BCBSME FCU Manager Susan Thurlow said, “TruChoice is an ideal fit for us, and we are confident that this merger will bring our members the value and commitment that they’ve grown to expect as members of the credit union movement. We couldn’t be happier to join with a partner who shares our belief in treating each member like the unique individual that they are.”

The merger will bring the approximately 750 members of BCBSME FCU into TruChoice FCU’s membership. 

“We’re proud to have the trust of the BCBSME Board of Directors, and are looking forward to showing these members the same friendly care and compassion our team is known for,” said Ken Acker, CEO at TruChoice FCU. “We can’t wait to welcome them, and we’re excited to offer new digital solutions, additional products, and the ability to work with us from anywhere!”

Upon NCUA approval, BCBSME FCU’s membership will have the opportunity to vote on the proposed merger, with an estimated merger date of early 2022.