Why Credit Unions Are Worth Celebrating
In 1924, Roy Bergengren, one of the architects of the credit union movement, reflected on what credit unions can do for people and the communities they serve:
"The credit union is, in fact, a bridge. It may be the bridge over which the tenant farmer travels the wide gap that separates him from ownership. It may be the way that opens the great land of opportunity to the wage worker, who finds his savings the 'open sesame' to broader possibilities for himself and his family."
Since our inception in 1956 conducting business from the front steps of our original treasurer's home on Grove Street, Bangor Federal Credit Union has endeavored to live up to these guiding principles; being a bridge between those in our community and the American Dream. It's a path that's not always easy, and is certainly not guaranteed, but we strive every day to empower our communities. We are people helping people, neighbors helping neighbors.
We are invested in our communities - our members and our staff live there, raise their families there - and to this end, the cooperative spirit has led to life-changing opportunities for people who have wanted to start a small business, own their own home or continue their education, but who were denied those opportunities through other financial institutions. Credit unions empower people, wherever they are in the world or life, to take control of their financial future.
Bangor Federal has helped many Mainers through significant milestone moments in their life: opening their first savings account, buying their first car, putting their family in the home of their dreams, all the way to helping them set the stage for retirement. Bangor Federal Credit Union is committed to helping our members, and our community, through every step of their journey. Bangor Federal Credit Union is committed to helping our members, and our communities, thrive.
Home Mortgage Loans
It’s deep in the heart of mankind to want their own roof and walls, and we’ve been helping Maine families make this dream a reality since 1956. We’re neighbors helping neighbors.
