Open An Account

Kasasa Cash^® is a free, high interest checking account with no minimum balance requirement and no monthly service fee. You choose the amount you keep in your account and we won't charge you for keeping it there (unlike some megabanks we could mention). Instead, we have a better idea.

This account makes everyone's life more convenient. By using your debit card more often and managing most basic banking tasks online each monthly qualification cycle, you get more control over your account while helping us keep costs down.

Your estimated annual return: calculate

Rewards

If you meet the qualification requirements, you get:

• 2.01% APY* paid on the portion of the balance up to $10,000
• 0.50% APY* paid on the portion of the balance above $10,000
• Reimbursed all ATM fees nationwide

All new accounts automatically qualify for the first qualification cycle

Qualifications

Just do the following each qualification cycle:

• Have at least 12 debit card purchases post and clear (ATM usage does not count toward the 12 purchases)
• Have 1 Automatic Payment or Direct Deposit post and clear
• Receive your account statement electronically

Other Account Benefits

• Free checking
• No minimum balance to earn the rewards
• Free Visa® Check Card
• Free online banking
• Free online bill pay
• Overdraft Protection

Membership Requirements

Membership at Ocean Communities Federal Credit Union is open to people who live or work in York or Cumberland county Maine. It is also open to relatives of current members.

Add a SAVER account to Earn and Save More

Take your Kasasa Cash benefits to a whole new level. Kasasa Saver^® is a free, high-interest saver account you can link to Kasasa Cash. Here's how they work together: the massive interest and ATM fee refunds from Kasasa Cash are automatically deposited into your Kasasa Saver account. Even better, your Kasasa Saver balance earns high interest; so you can sit back, relax and watch your savings grow.

SAVER Rewards

If you meet the qualification requirements, you get:

• 1.01% APY* paid on the portion of the balance up to $50,000
• 0.50% APY* paid on the portion of the balance above $50,000

All new accounts automatically qualify for the first qualification cycle

SAVER Qualifications

Just do the following each qualification cycle:

• Meet all Kasasa Cash qualifications

About Ocean Communities Federal Credit Union

Ocean Communities Federal Credit Union Mission Statement

Consistently Building Lifelong Relationships through Personalized Banking Solutions

Our History

Over 60 years ago Ocean Communities Federal Credit Union opened its doors as St. Andre’s Federal Credit Union.

St. Andre’s Federal Credit Union was established by Reverend Arthur Decary of St. Andre’s Parish in Biddeford, Maine. Reverend Decary felt that many of his parishioners who lived on low incomes could use the help of a new financial institution. He went to Larry Beaudoin, one of his parishioners, for information. Mr. Beaudoin had participated in the organization of a credit union at his place of employment and was serving as its treasurer and manager. The parish successfully applied for its charter, which was received on November 24, 1948, and St. Andre’s Federal Credit union was born.

Over the years, St. Andre’s Federal Credit Union expanded its field of membership through a series of mergers with local credit unions. St. Andre’s charter was eventually changed to a community charter, allowing people living or working within a certain geographic area to join. In 1988, a merger with Old Orchard Beach Federal Credit Union expanded St. Andre’s charter and facilitated a name change that would reflect the diverse nature of its field of membership. A contest was held to rename the credit union and St. Andre’s became Ocean Communities Federal Credit Union.

Today, the credit union has six branches located in Biddeford, Kennebunk, Old Orchard Beach, Sanford, York, and Westbrook, Maine and several remote ATM locations. Ocean Communities Federal Credit Union has over 12,000 members and holds assets of approximately $140,000,000, making it one of Maine’s ten largest credit unions.

Ocean Communities Federal Credit Union is a non-profit, member-owned financial cooperative. The credit union uses member savings to fund member loans. Unlike other types of financial institutions, credit unions are led by a volunteer Board of Directors elected by the membership. The Board oversees the direction of the organization in the best overall interests of the membership.

Our success is the result of building long-term, productive relationships with our members and our surrounding communities. We encourage members to make Ocean Communities Federal Credit Union their primary financial institution by offering competitive products and services with convenient, professional delivery. We have also built strong relationships with surrounding communities by donating money and resources to local organizations like the United Way, Red Cross and Ending Hunger in Maine. Ocean Communities Federal Credit Union also developed the People Helping People Campaign which has raised thousands of dollars for the local community since 1991.

For more information call Ocean Communities Federal Credit Union at 800-418-1486.