WESTBROOK, Maine – Talk about free advertising. Recent big bank mergers have been a boon for credit unions here. According to several reports aired recently on Maine media outlets, Maine consumers are being advised to explore using a credit union for all of their financial services. One report stated, "With the rash of recent mega-mergers of financial institutions, the benefits of using a credit union really do standout." Credit unions were touted as "offering all, if not more of the same services as other financial institutions with lower and fewer fees, higher dividends and better loan rates."
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