News

cPort Offering Shutdown Loans to Federal Employees

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cPort Credit Union is offering shutdown loans to federal employees impacted by the government shutdown. Federal employees can apply to borrow up to one month’s income with two options for repayment. cPort will waive members’ interest if they choose to repay their loans within 30 days of the government re-opening. Members can also choose repay…

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Portland Middle Street Branch Now Open!

We are excited to announce that our new branch location at 35 Middle Street in Portland’s Old Port is open as of December 20, 2018! This branch is cPort’s fifth, making cPort Portland’s most accessible credit union with three locations. 

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Middle Street Branch Topping Out Ceremony

cPort Topping Out Ceremony

On the corner of Middle and India Streets, the newest cPort branch is under construction next to Duckfat and Ribollita restaurants. The branch location in the Old Port gives cPort the opportunity to serve pedestrians and new members in the local neighborhoods.  

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cPort Named “2017 Best Places to Work in Maine”

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cPort Credit Union was recently named as one of the 2017 Best Places to Work in Maine. “I’m proud that cPort has earned this recognition,” says cPort’s CEO, Gene Ardito. “Our vision at cPort is to deliver the best financial experience to our members, and we need to attract and retain the best employees to…

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Same Day ACH Debits: What This Change Means for You

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The federal reserve will make it possible for companies to start processing same-day ACH (Automated Clearing House) debits starting on September 15, 2017. This can reduce the lag time between when you make an electronic transaction and when the money clears your account. For example, if you pay your cable bill in the morning, the…

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How Will the Federal Reserve Funds Rate Increase Affect You?

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Last week, the Federal Reserve’s Federal Open Market Committee announced that it will raise its Federal Funds Rate by .25%, which represents the Fed’s first rate increase since June 2006. Economists, analysts, and the media had been speculating about the rate increase leading up to the announcement, and I know that many of our members…

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