News

University Credit Union Renews Multi-Year Sponsorship of Student Athletics at the University of Maine at Farmington

FARMINGTON, Maine (May 19, 2021) – University Credit Union (UCU) is pleased to announce the renewal of a longstanding athletic sponsorship agreement with University of Maine at Farmington (UMF) Athletics. The three-year agreement provides UMF Athletics with $15,000 in additional funding for venue improvements, equipment upgrades, special services/events, and other activities not included in the…

Read More

Maine Senate Confirms University Credit Union President and CEO Renee Ouellette to Finance Authority of Maine Board of Directors

ORONO and AUGUSTA, Maine (April 12, 2021) – University Credit Union (UCU) announced the Maine State Senate has confirmed the appointment of UCU President and CEO Renee Ouellette to the Finance Authority of Maine’s volunteer Board of Directors, effective March 8, 2021. Maine Governor Janet T. Mills nominated Ouellette to fill the board’s designated CPA…

Read More

University Credit Union Announces Succession of Longtime Board Chair Gerald Hayman, Jr.

UCU Director Peter Reid to serve as board chair ORONO, Maine (March 1, 2021) – University Credit Union today announced the planned retirement of longtime board chair Gerald “Jerry” Hayman, Jr. after 29 years of dedicated service to the credit union. Succeeding Hayman as chair is Peter Reid, an Assistant Dean at the University of…

Read More

University Credit Union Unveils Modern Brand Look, New Website Centered Around “U”

ORONO, Maine (October 9, 2020) – University Credit Union (UCU) today formally announced the launch of a vibrant new brand look across its physical and digital landscapes, including the launch of a new website: www.ucumaine.com. Throughout the remainder of 2020, UCU will be rolling out its new brand look featuring updated signage at its physical…

Read More
Here for U: UCU partners with Town of Orono to offer no-interest loans to Orono businesses impacted by COVID-19.

Town of Orono and University Credit Union Partner to Provide COVID-19 Relief Loan for Orono Businesses

ORONO, Maine (September 25, 2020) – The Town of Orono and University Credit Union (UCU) today announced the availability of no-interest relief loans for Orono-based businesses impacted by the COVID-19 pandemic, including those that have remained open, are planning to reopen, are closed temporarily, or have furloughed employees. “Small businesses are the heart of Maine’s…

Read More

UCU Named One of “America’s Best Credit Unions” by Forbes

ORONO, Maine (July 17, 2020) – University Credit Union (UCU) is honored to be named one of the best credit unions in Maine and the United States, according to Forbes’ third annual list of the America’s Best In-State Credit Unions. In developing the list, Forbes partnered with market research firm Statista to independently evaluate credit…

Read More
Glenn Cummings, USM President, with the 2020 Corporate Partner of the Year award.

University of Southern Maine Recognizes University Credit Union as 2020 Exceptional Community Partner

ORONO, Maine (May 26, 2020) – University Credit Union (UCU) is honored to be the 2020 recipient of the University of Southern Maine Exceptional Community Partner Award, which recognizes an employer, partner or organization that has gone above and beyond to support the University of Southern Maine and its mission of academic excellence and accessibility.…

Read More
Maine Campus Compact logo

Maine Campus Compact Recognizes University Credit Union as 2020 Corporate Partner of the Year

ORONO, Maine (May 26, 2020) – Maine Campus Compact, a coalition of 18 member campuses formed to lead a movement to reinvigorate the civic mission of higher education, has named University Credit Union (UCU) the 2020 Corporate Partner of the Year for contributions made to the University of Maine at Presque Isle (UMPI), an MCC…

Read More

University Credit Union Welcomes Bob Williams, CPA as Vice President of Finance & Technology

ORONO, Maine (March 5, 2020) – University Credit Union is pleased to welcome Bob Williams, CPA as Vice President of Finance & Technology. Williams will serve on the credit union’s senior management team and be responsible for finance, including accounting and financial analytics, in addition to information technology, and facilities. He will also serve as…

Read More

University Credit Union Announces New President and CEO Renee Ouellette

ORONO, Maine (December 19, 2019) ― The Board of Directors of University Credit Union (UCU) is pleased to announce Renee Ouellette, CPA as the credit union’s new President and CEO, effective as of Friday, December 13, 2019. Ouellette will be the first female president and CEO in UCU’s 52-year history. With this transition, Ouellette takes…

Read More