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Infinity Members Approve Merger Between Infinity Credit Union and Deere Employees Credit Union

Infinity Members Approve Merger Between Infinity Credit Union and Deere Employees Credit Union
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Infinity Federal Credit Union Celebrates 100th Anniversary

Infinity Federal Credit Union Celebrates 100th Anniversary
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Infinity Federal Credit Union honored as top SBA lender for third year in a row

Infinity Federal Credit Union honored as top SBA lender for third year in a row
WESTBROOK, ME (December 31, 2020) At the close of an uncertain year for Maine small businesses, Infinity Federal Credit Union (FCU) was named the top credit union lender by the Small Business Administration (SBA) for the third consecutive year. The award was presented by Maine SBA representatives to the Business Services team at the credit union’s main office in Westbrook.
Business Services at Infinity FCU is in its third year of operations and continues to grow exponentially year over year. In addition to traditional SBA loans, Infinity FCU swiftly and successfully implemented a process for disbursement of the federal government’s Paycheck Protection Program (PPP) Loans, lending over $5 million to keep the doors of 238 Maine small businesses open. Infinity FCU nearly doubled their business membership base in 2020, with 75% of PPP loans going to new business members. ....

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