Business Services

Daniel Daggett
ddaggett@downeastcu.com
mobile: 207-319-2561

Products and Services for Business Owners

Bay Financial LLC is a wholly owned subsidiary of Down East CU and represents the Business Development, and Public Relations arm of Down East CU, Down East Insurance Agency, Consolidated Solutions, and the various Business Partners of DECU.

Daniel A. Daggett, former CEO of Bowdoinham FCU, is the President of Bay Financial. In this role, Dan brings his 15 years of Credit Union and Public Service experience to bare, working with both Consumer and Commercial members finding solutions to their varied needs.

Down East CU has brought together through its many relationships one of the most professional business teams in the state. Knowing how these business relationships work together and independently, Dan and Bay Financial can help virtually any person or business in the state with their financial, lending, insurance or benefit needs.

Commercial lending, although not typically associated with credit unions is just one of the assets Dan has available through Bay Financial. Working closely with state agencies such as Department of Economic and Community Development, MidCoast Counsel for Business Development and Planning, and various other agencies, Bay Financial is uniquely positioned to help your business growth needs through its own programs and those of the agencies mentioned that you may not know exist.

In the complicated and expensive world of insurance, Bay Financial can help. Down East Insurance Agency led by Melanie Munsey, and Adam Sturtevant of Northern Benefits, represent the state's leading agents in their respective business. As members of Down East CU, you have the advantage of being part of one of the state's largest co-operatives and as such, you have insurance buying power you will not find anywhere else. Let Dan direct you in the right direction for both your personal and business insurance coverage.

These are just of few of the areas that Dan and his team at Bay Financial can assist you with. Give him a call to find out how your relationship with the Down East CU Family can improve your financial future.

Partial list of products available to business owners:

Business Checking
Payroll Processing
Commercial Lending
Merchant Processing
Retirement Plans
Corporate & Institutional Investments Services
Property and Casualty Insurance through Down East Insurance
Medical Insurance
Long Term Care

Down East Credit Union is a Maine Credit Union
Serving Washington, Waldo, Hancock, Penobscot, Lincoln, Kennebec, Sagadahoc, and Knox Counties,
and the towns of Brunswick and Harpswell in Cumberland County.

Branch offices are located in Baileyville, Machias, Belfast, Unity, Bangor, Calais, Richmond, and Bowdoinham.

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