The short answer is YES. Here are few important things to know about how Maine credit unions are protected:
Federally insured credit unions offer a safe place for credit union members to save money. These deposits are protected by the National Credit Union Share Insurance Fund and insured up to at least $250,000 per individual depositor – the same as any other federally insured financial institution.
Credit union deposits in federally insured credit unions are safe and secure, and all Maine credit unions are federally insured.
Credit union members have never lost a penny of insured savings at a federally insured credit union.
All Maine credit unions are regularly examined by financial regulators to ensure proper management and maintain the safety and soundness of members’ money within the institution.
We pay dividends on all accounts at the end of the month. If you close your account before this payout, the accrued monthly dividends WILL be paid up until the day of account closing. No other accounts receive monthly dividend payouts if closed before we make dividend payments for that month.
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Your employees are the best! The services are amazing. Acadia, YOU'RE the best financial institution around! Rose M., member since 1997
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