Maine Harvest Federal Credit Union Chartered
The National Credit Union Administration announced that it has granted a federal charter and Share Insurance Fund coverage to Maine Harvest Federal Credit Union. The credit union will serve the employees and approximately 13,000 members of the Maine Organic Farmers and Gardeners Association and the Maine Farmland Trust. It was chartered to make affordable member business loans to small farms, farmers, and other food producers within its field of membership. Loan funds will be available through mission-based deposits. Maine Harvest Federal Credit Union expects to begin operations this fall.