Maine Savings Unveils Plan to Support UMaine Athletics, BDN, WVII Report
The Bangor Daily News and WVII (Channel 7) reported Maine Savings Federal Credit Union announced a gift of at least $50,000 to the University of Maine Athletics Department during the grand opening of the credit union’s new Stillwater Avenue branch. John Reed, Maine Savings president and CEO, said the credit union has entered a five-year agreement during which each transaction using the institution’s new Black Bear Debit Card will result in a donation to UMaine’s Black Bear Fund, according to the BDN. Maine Savings will contribute a minimum of $10,000 per year to the fund, Reed said. Karlton Creech, UMaine’s director of athletics, said the department is grateful for the unique partnership. “A big emphasis for me and for our department is community engagement,” he said.