Membership Information
Who Can Become a DECU Member?
Membership at Down East Credit Union is open to those who live, work, worship or attend school in the following Maine counties: Hancock, Kennebec, Knox, Lincoln, Penobscot, Sagadahoc, Waldo and Washington, as well as the towns of Brunswick and Harpswell in Cumberland County. Membership is also available to immediate family members of existing members, those living in the same household and organizations of such persons who all live within the field of membership.
The first step to becoming a member is to open a share savings account with a minimum deposit of $5.00. To become a member, please do the following:
- Review our Membership Agreement & Disclosures.
- Mail, fax, or deliver to any of our branch offices a Membership Account Application along with a minimum deposit of $5.00.
- Verification - DECU shall verify the identity of the applicant by requesting presentation of at least two forms of current identification (ID). The primary ID must have a photo with signature, physical description, date of birth, ID number and expiration date.
- Applications not submitted in person must be notarized and include the identification as stated in #3.
Read our Policies and Disclosures »
Account Types Available
Down East Credit Union welcomes all family members. We have accounts for everyone.
Our youngest members enjoy learning the valuable lesson of saving with our Monty Moose Youth Savers Program. Members ages 2 through 12 earn Moose Bucks, with each deposit they make, which they can spend on fun things at Monty's Trading Post located at each branch. Monthly t-shirt give-aways and special events make this a fun and educational program for our youngest members.
For our members ages 13 to 18 we offer the Cash Control Program, helping them learn the basics of managing their finances before they leave home. Cash Control members can learn to use an ATM or Debit Card and with a parent, can open a checking account. Members in this age group can also learn how to begin building credit. And for some fun, every time a Cash Control member makes a deposit over $10, their name is entered into our quarterly $50 Cash Control drawing.
Other Services Provided
- Night deposit
- Direct deposit
- Safe deposit box - Baileyville only
- Money orders
- U. S. savings bonds - redeemed
- Wire transfer service
- Photocopy and fax
- Individual Retirement Accounts
- Notary service
- Signature Guarantee service
Home Banking Accounts
If you have access to the Internet, a Home Banking Account will allow you to view your account balances and transaction histories, and to make transfers to or from your accounts online.
For complete details, or to apply for a Home Banking Account, please see our Home Banking Application & Disclosure.
