The Credit Union National Association (CUNA) estimates that OTIS FCU provided $1,912,494 in direct financial benefits to its 10,814 members during the 12 months ending December 2017. These benefits are equivalent to $177 per member, or $371 per member household! For example, financing a $30,000 new automobile for 60 months at OTIS FCU saves members… Continue Reading
Thank you to everyone who helped to make our Soup Day a great success. Because of you, we were able to raise $355.98 for Ending Hunger in Maine!
Recently a bipartisan group of Senators released the Economic Growth, Regulatory Relief, and Consumer Protection Act, S. 2155, that would provide regulatory relief to Main Street financial institutions including credit unions and community banks while maintaining regulations for Wall Street. If the bill is enacted, it would mean the process for getting mortgage loans from… Continue Reading
In our continuing efforts to keep your accounts secure, we’ve improved our alert system for potential fraud. Here’s how it works: When potential fraud is detected, you will receive an automatic email notification from OTIS FCU, with the option to reply with “fraud” or “no fraud”. One minute after the email, you will receive a… Continue Reading
OTIS employees had the opportunity yesterday to go and help out Franklin County Special Olympics volunteers at the 49th Annual Special Olympics Winter Games at Sugarloaf! It was a beautiful day and a wonderful time was had by all. Here are a few photos from the snowmobile rides station and from the Opening Ceremony of the Games.
For Immediate Release January 8, 2018 OTIS Federal Credit Union Raises Nearly $7,000 for Ending Hunger in 2017 JAY, Maine – Over the course of the 2017 calendar year, OTIS Federal Credit Union raised nearly $7,000 for the cause of Ending Hunger. Specific fundraisers undertaken by the Credit Union include two 50/50 raffles,… Continue Reading
Our President and CEO Roland Poirier retired Friday, December 29, after 31 years of service in the position. During his time at the helm, Roland oversaw the evolution of OTIS into a full-service financial center serving nearly 11,000 members and employing 27 people from Jay and the surrounding communities. His knowledge of the industry and… Continue Reading
For Immediate Release January 2, 2018 13th Consecutive Win for Borrowers and Savers at OTIS FCU JAY, Maine – OTIS Federal Credit Union is excited to announce that we have posted an 8% Bonus Dividend and Interest Refund this year! Over the past thirteen years, OTIS FCU has returned over $4.5 million to both… Continue Reading
OTIS Federal Credit Union is pleased to announce the appointment of Kim Turner as the new President/CEO, effective January 1, 2018. OTIS FCU serves more than 10,839 members and holds over $161 million in assets, employing 27 people from the local communities. Turner’s appointment follows current President/CEO Roland Poirier’s retirement announcement. Poirier has served in… Continue Reading