University CU (UCU) has announced plans to open a location in the Down East region within Powers Hall at the University of Maine at Machias (UMaine Machias) campus. With this location, UCU will be placing its fourth on-campus location within the University of Maine System, expanding to eight total locations spanning across the state.
“Since opening our doors on the University of Maine campus more than 50 years ago, UCU has been here for our members both on and off campus from all across Maine,” said Renee Ouellette, President and CEO of UCU. “In addition to the membership eligibility through the UMaine affiliation, there are a variety of ways Mainers are eligible to join UCU. This new location will provide local services for our current members in the Down East region and invite the entire community to experience the variety of ways UCU can help them in their financial well-being.”
The location will be staffed by one of UCU’s Community Engagement Managers (CEMs). UCU CEMs are banking professionals who are positive, passionate, and motivated ambassadors for UCU and the credit union philosophy of People Helping People. The engagement manager, in addition to coordinating traditional banking services on location, will be responsible for building relationships with community stakeholders to advance the financial well-being of people by hosting financial education workshops and events, volunteering, serving on nonprofit boards and committees, and facilitating opportunities for financial sponsorship.
“We look forward to having UCU on campus providing financial services for our students, faculty, and staff, as well as the Washington County community,” said Megan Walsh, Dean and Campus Director of the University of Maine at Machias.
Powers Hall is centrally located in downtown Machias right on U.S. Route 1 and is conveniently accessible for the community on the UMaine Machias campus and those from the surrounding area.
Construction on the UCU location in Powers Hall was scheduled to begin by July 31, 2023, with completion expected in the fall.