About Us

Our Mission….
Semiconductor of Maine Federal Credit Union is a member owned organization providing our credit union family a wide range of financial services to meet their needs in a friendly and efficient manner.

Our History….
The charter of Fairchild Semiconductor of Maine Federal Credit Union was approved by the Bureau of Federal Credit Unions on May 10, 1966 and given charter number 17436.

At that time, persons eligible to join the credit union included “employees of Fairchild Semiconductor who work in South Portland or Portland, Maine; members of this credit union who are retired as annuitants from the above employment and retain their membership in this credit union; employees of this credit union; members of their immediate families; and organizations of such persons.”

The original founders of the credit union are as follows:
John Magarian
George Manolakis
J.D. Loring
Robert Kenny
Phil Perry
John Carter
Joseph Ball, Jr.

In 1982, “Fairchild Semiconductor Of Maine FCU” was renamed “Fairchild of Maine Federal Credit Union”.

In 1987, when National Semiconductor acquired Fairchild Semiconductor, the credit union’s name was again changed, this time to “National of Maine Federal Credit Union”.

In 1997, when Fairchild Semiconductor was spun off from National Semiconductor, in order to better reflect our field of membership, our name was changed to “Semiconductor Of Maine Federal Credit Union.”

Our Current Board of Directors are:
Roland Schelasin, Chairperson
Butch Guimond, Vice Chairperson
Penni Lee, Secretary
Piotr Kurkowski, Treasurer
Trevor Grondin
Teresa Jones
Scott Hopkins

Our Supervisory Committee:
Teresa Jones, Chairperson
Ray Doyon
Bridget Amadon

If you have any questions and would like to drop us a line, click here.

You may join SemiFCU if:

• You are an employee or resident contractor at Idexx Laboratories, Fairchild, Saco Bay Physical Therapy, or Texas Instruments (formerly National Semiconductor in South Portland, Maine.)
• You are a family member of an employee or resident contractor at Idexx Laboratories, Fairchild, Saco Bay Physical Therapy, or Texas Instruments (formerly National Semiconductor’s South Portland, Maine facility.)
• You are retired from Idexx Laboratories, Fairchild or Texas Instruments (formerly National Semiconductor’s South Portland Maine facility) and are receiving retirement benefits from the company.

All it takes is a $25 deposit in a share account and you are then a member of SemiFCU.

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government – National Credit Union Administration – NCUA, a U.S. Government Agency.