The History of America's Credit Unions
Connected Credit Union shares profits with members as they are owners/shareholders of a financial cooperative.
History
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-’90s. 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.
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 $120MM and we currently serve over 7,800 members with an expanded membership base to include all those living or working in Kennebec, Somerset, Lincoln, and Waldo Counties.
