This credit union provides a range of loans exclusively for local farms and food businesses, financed through savings accounts and CDs. The idea emerged from the group Slow Money Maine in 2011, and was further developed over eight years of meetings with farmers, small business owners, existing credit unions, and other stakeholders and advisors.
Today, it is the only federally-chartered, government-guaranteed financial institution dedicated to growing local food systems in Maine. Learn more on their website.
Category: Local Business & Finance