About
For over 65 years, we have proudly served our members and community. When you become a part of the New Dimensions family, you ’ll enjoy personalized service, and the benefit of being part of our local community.
Our Story
Our story began in 1956 when we were known as Notre Dame Waterville Federal Credit Union. Our mission was simple – to provide excellent financial services to members of Notre Dame Church in Waterville. Our charter included members of the parish of Notre Dame Church, and on August 27, 1956, we began operating out of a corridor at the Notre Dame School on Water Street.
Fast forward to the present day, and operating under a new name, New Dimensions Federal Credit Union is a member-owned, not-for-profit financial cooperative located in Waterville, Winslow, and Skowhegan. We service four counties: Kennebec, Somerset, Franklin, and Waldo, and are committed to providing relevant, solution-based products and services that enhance the financial well-being of our members. New Dimensions has thrived as a family-oriented credit union that consistently delivers to the community with expert financial resources from establishing credit to purchasing your first car, first home, or saving for retirement; we have the right solution for you.
We have been a financial partner for over 65 years, and we think it’s safe to say that our mission is more complex today as we navigate an increasingly digital landscape. We are a financially solid and secure credit union founded on trust and reliability, and we honor that commitment with growing strength and agility. Working together, we can build a solid financial foundation that will lead to financial security to help fulfill our members’ dreams and goals while living their best lives.
What is a Credit Union?
“Not For Profit, not for Charity, but for Service” – Elmer L. Bloom
A credit union is a co-operative financial institution owned and run by its members, who pool their funds in order to make affordable loans to each other. Its purpose isn’t to donate charity to the needy, but to help all sorts of people help themselves. Unlike a bank, a credit union is not run for profit, but as a service to the community.