Now is the Time

Ever heard of Bank Transfer Day? It was the idea of Kristen Christian who was fed up after her bank, Bank of America, announced they would charge a $5 monthly fee on debit cards. B of A eventually dropped the fee, but Christian launched a social media campaign encouraging people to find an alternative to big banks with their fees and charges. Through Christian's efforts and media coverage of the event, people across the nation realized that they didn't have to settle for a big bank and their big fees. The first Bank Transfer Day was November 5, 2011 and since then nearly 664,000 people and 10,000 Mainers have opened an account at a local credit union.

You don’t have to wait until the next Bank Transfer Day rolls around to make the switch to a credit union and start saving money on charges and fees. Every day is a good day to join a credit union. Now is the time to join!

How do you join a credit union? It’s simple. Here's what you need to know.

Find the right credit union for you

Search for credit unions in your area. Credit unions have a field of membership and you can join one based on where you live, work, go to school or worship. Some credit unions are specifically for employees of certain companies. There’s a credit union for everyone. Learn more about field of membership and credit unions in general at

You’ll need a few bucks for a deposit

When you join a credit union, you’re becoming a member-owner. The initial deposit (usually $5 to $10, but it varies) is your payment for one credit union share. How cool is that? Tell your friends you’re a part owner of a financial institution and they’ll be really impressed.

Stop into a branch near you or open an account online

Joining a credit union by stopping into a local branch is simple, and a friendly credit union staff member will be there to answer any of your questions about membership. Some credit unions in Maine may allow you to open your account online. Joining a credit union has never been easier.

I love being a credit union member. I know my money is safe and I won’t be paying hefty fees. It’s my money, why should I have to pay to access it? Join a credit union today and start enjoying all the great benefits of being a member. I’m so glad I did.

Kylie K.