What You Should Know About Cryptocurrency

Cryptocurrency, or crypto, is a digital form of money that operates on decentralized networks. It’s increasingly popular for its potential to provide financial flexibility, but it comes with risks and considerations.

Common Questions We Hear:

Does Maine Savings offer cryptocurrency services?
Maine Savings does not currently offer cryptocurrency services. However, we’re here to help guide you toward safe financial decisions.

Is cryptocurrency safe?
Cryptocurrencies can be highly volatile, and their value can change significantly in a short period of time. While some see crypto as an investment opportunity, it’s essential to understand the risk of loss associated with these investments and to never invest money you can’t afford to lose.

How do I get crypto without being scammed?
Only purchase cryptocurrency from reputable platforms. Avoid unsolicited offers or schemes promising guaranteed returns—these are scams. Never share personal information, passwords, or banking details with unknown parties.

Why isn’t my debit card working for crypto purchases?
For your protection, Maine Savings has restrictions in place to help prevent fraud. If your card isn’t working for a crypto transaction, it might be due to these safeguards. Please call us if you need more information.

Tips for Safe Crypto Use:

At Maine Savings, your financial well-being is our priority. While we don’t offer cryptocurrency services at this time, Maine Savings is here to help answer your questions and provide resources to support your financial safety.

Maine Savings Federal Credit Union to Open New Branch on Stillwater Avenue in Bangor

Bangor, ME — Maine Savings Federal Credit Union is thrilled to announce the opening of its 12th branch, strategically located at 878 Stillwater Avenue in Bangor, adjacent to the entrance of the Walmart on Stillwater Avenue. This location will be the third Maine Savings branch in Bangor, underscoring the credit union’s dedication to expanding services and supporting the financial well-being of communities across Maine.

“With each new branch, we reaffirm our commitment to providing Maine families and businesses with accessible, member-focused financial solutions,” said Vanessa Madore, President and CEO of Maine Savings. “We see this new branch as an exciting opportunity to connect with even more members of our community, helping them find a better path forward in their financial journey.”

The Stillwater Avenue branch will reflect Maine Savings’ “Beyond Banking” philosophy, blending convenience with innovative financial services to meet the evolving needs of the Bangor area.

“This branch represents our ongoing commitment to accessible, member-first service,” said David Sayers, Chief Strategy Officer at Maine Savings. “We’re excited to bring new convenience to this part of Bangor, providing trusted financial services at the heart of a community hub.”

Maine Savings, which continues to prioritize the experience of its members, has planned every detail of the new branch with the member journey in mind. “Our team is dedicated to ensuring a welcoming, positive experience for every member,” stated Marcel Blais, Chief Experience Officer. “This new location allows us to serve Bangor even better by making banking easy, personable, and directly aligned with the needs of the community.”

While the opening date has not yet been finalized, Maine Savings is currently aiming for a March 2025 launch and looks forward to welcoming community members to this new location soon.

Maine Savings Federal Credit Union is committed to helping members find their way to a financially secure future, one interaction at a time. With the addition of the Stillwater Avenue branch, Maine Savings is excited to continue its journey of expanding and enriching the lives of its members and community.

For more information about Maine Savings Federal Credit Union, please visit mainesavings.com.