In Review: Coast Line Credit Union which serves South Portland, Maine

Updated: Jun 2

“Selected an Excellent Choice Credit Union, Coast Line Credit Union located in the beautiful city of South Portland, Maine, has a long history of providing high-quality financial services to its members."

By: Allan R Kirby

Top Credit Union Selected an Excellent choice credit union, Coast line credit union (CLCU) provides high quality financial services to south portland.

We review Credit Unions: feels compelled to find the best credit unions and community banks to write a small review. These reviews are to help you learn more about community banks, possibly one that's in your area that you might be interested in. In this review we are choosing the following local Credit Union:

Name: Coast Line Credit Union

Location: South Portland

Headquartered: 333 Cottage Road

South Portland, ME 04106.

Contact Info:

Branches: 1

Year Established: 1927


Coast Line Credit Union (Coast Line CU) is a single branch full-service bank that serves the Counties of Cumberland, Sagadahoc, and York in the great State of Maine. Our decision to name Coast Line CU, Excellent Choice Credit Union, was based on our own research on reviews, services offered as well as their commitment to their membership and the communities they serve. What we found was a great community credit union that provides great services such as the totally free checking account which provide the following advantages:

  • No Monthly Service Charge

  • No Minimum Balance

  • Remote Deposit Capture

  • Access to your funds from nearly 5,000 Shared Branching locations nationwide

  • Online Banking & Mobile Banking

  • TellerPhone - Touch tone & voice access 24 hours a day

  • Free check orders for all members 50+ (limit 2 per calendar year)

  • Courtesy Pay Available

  • Bill Pay Service Available

  • Notary Services

"South Portland is known for th Spring Point Ledge Lighthouse which first opened in 1897."

Coast Line Credit Union currently has 70 million in assets, 1 branch, and over 3500 members. ibanknet. Coast Line Credit Union, which was originally chartered as the Railroad Workers Credit Union of Maine in 1927. The credit union was set up to serve the employees of the Maine Central Railroad Company and/or Portland Terminal Company. In 1996 the name of the credit union was changed to Coast Line Credit Union to reflect its expanded field of membership.

"Although there is not a lot of customer reviews for Coast Line Credit Union, they still sport a 5 out 5 from Google Reviews."

We will now provide you some additional highlights of Coast Line credit union well as their commitment to their community.

Free4ME Checking Accounts:

We love to highlight Credit Unions that provide services to younger generations to help them get started and Coast Line CU does not disappoint, they provide younger members a service called the free4ME checking account for the 18-25-year-old.

What you Get:

  • No Monthly Service Charge

  • No Minimum Balance

  • Oops! Refund: Twice per year, you can call and get a service fee charge reversed

  • Free debit/check card

  • Free Online Banking & Mobile Banking

  • Free e-Statements

  • Free SURF ATM network use: Use any SURF ATM network cash machine for free!

  • Free Remote Deposit Capture

  • Access to your funds from nearly 5,000 Shared Branching locations nationwide

  • TellerPhone - Touch tone & voice access 24 hours a day

  • Courtesy Pay Available

Club Accounts are available:

Although not popular with major banks, club accounts are still available at most credit unions like Coast Line Credit Union. These types of accounts are great to help you save for something such as vacations, holidays, or buying gifts for Christmas without having to go into debt. The following are the two club accounts available:

All-Purpose Club Account

An unlimited number of Club Accounts can be opened to help with savings goals or budgeting purposes and can be named for their purpose (i.e. taxes, vacation, wedding fund, etc.). These accounts can be managed online or in person.

Holiday Club Account

Great for reducing stress by having the money to buy gifts. The credit union allows you to make small deposits all year long. Holiday club accounts can be opened at any time. Funds are disbursed Mid-October.

Details of the club accounts

  • Unlimited deposits

  • No penalty for withdrawal

  • No minimum balance

Commitment to Community: