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Updated: April 3, 2024

Evergreen Credit Union prepares to open doors at its new Scarborough branch

aerial view of buliding and parking lot and street Courtesy / Evergreen Credit Union Evergreen Credit Union’s Scarborough branch is scheduled to open April 20.

New branches are sprouting at Maine’s financial institutions, as banks and credit unions respond to shifting market opportunities, and Portland-based Evergreen Credit Union will be among the latest to add a branch.

The credit union plans to open doors April 20 at 617 U.S. Route 1 in the Dunstan Corner neighborhood of Scarborough.

The ribbon-cutting comes less than a year after the project broke ground.

“There aren’t any financial institutions in this part of Scarborough, and we look forward to serving the community here along with the nearby communities of Old Orchard Beach and Saco,” Jason Lindstrom, Evergreen’s president and CEO, said at the time of the groundbreaking. 

The new building covers 3,000 square feet with two drive-through lanes and an ATM lane.

Gawron Turgeon Architects and Risbara Brothers Construction Co., both of Scarborough, carried out the project. 

To celebrate the new location, there will be a ribbon-cutting, beverages and treats on April 20 from 8:30 a.m. to 12:30 p.m. Evergreen members may also step into the “Evergreen Cash Cube” to win prizes including Portland Sea Dogs tickets, movies passes and a tour of the Portland Museum of Art's Winslow Homer Studio in Scarborough.

Besides its Portland headquarters, Evergreen operates branches in Naples, South Portland and Windham and a commercial banking center in Westbrook. The Scarborough branch will be the sixth location.

Evergreen Credit Union has assets of over $550 million, ranking fifth among the largest Maine-based credit unions. The credit union was founded in 1951 to serve employees of the S.D. Warren Paper Mill in Westbrook and has grown to operate in six counties in southern Maine.

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