Meet cPort Credit Union, 2021 Giraffe Award Winner
This is part of a series of profiles on the 2021 Giraffe Award winners. Each week leading up to the Champions for Children virtual celebration on November 4th, we will feature a profile of a 2021 Giraffe Award Winner and showcase how they “stick their neck out” for Maine children, youth, and families. This week, we are pleased to introduce you to cPort Credit Union.
cPort Credit Union was founded in 1931 as the Federal Employees Credit Union of Maine. At the time, it was only the third credit union in the state. Since then, the credit union has grown significantly, with five branches in Portland, Augusta, and Scarborough. It has also changed names to reflect its membership, from what was once government employees, to now being available to anyone who lives or works in Cumberland, Kennebec, Androscoggin, Sagadahoc, or York counties.
cPort has shown a commitment to providing personalized services and connecting with the communities they serve. In particular, cPort has been a leader in lending and financial services for New Mainers.
The Indus Fund is a community-supported microloan program for the immigrant community in Maine. Through this program, cPort is able to offer below-market interest rate microfinance loans to service the needs of small business owners within the immigrant community of Maine.
Recognizing a need, cPort also created the citizenship loan to help New Mainers finance their path to U.S. citizenship. A cPort Citizenship Loan helps cover costs associated with reaching citizenship and helps to establish credit.
cPort Credit Union will be awarded the 2021 Business Giraffe Award for their commitment to providing financial opportunities for all Mainers in their communities on November 4th at our Champions for Children celebration.
We hope you will join us for the 2021 Champions for Children and Giraffe Awards event ! And keep an eye out for upcoming profiles featuring the rest of our 2021 Giraffe Award winners.
