The Financial Literacy Blog examines the Child Tax Credit and the financial benefits that many families will begin to receive in July.
Employee Retention Tax Credit
In an effort to provide businesses financial relief for pandemic-related losses, a number of government-funded loans and grants have been made available. While assistance programs…
New Member Moment Shines Light on Grandparent Scams
Maine Credit Unions created a new “Member Moment” video to raise awareness about grandparent scams. Grandparent scams are cons that prey on older relatives. These…
Maine CUs’ Virtual Financial Fitness Fair Is Hitting the Mark with Students and Teachers
Just in time for National CU Youth Month and National Financial Literacy Month, Maine Credit Unions debuted a new Virtual Financial Fitness Fair. Since launching…
What Members Should Know About Different Types of Checks
Understanding the different types of checks that are available can be confusing. To help break down this important topic, Jake Holmes, the League’s Financial Literacy…
Maine CUs Create New “Member Moment” to Promote Virtual Financial Fitness Fair
This week, Maine Credit Unions created a new “Member Moment” video highlighting the Virtual Financial Fitness Fair. The video provides an overview of the fun…
Join Us and Celebrate National CU Youth Month
It’s that time of year! Every April, National CU Youth Month encourages kids to develop healthy habits by making savings fun and exciting. This campaign…
Portland Adult Education Expands Job Training for New Mainers
The Portland Press Herald provides an overview of the New Mainer Teller Training Program. This 12-week program is a collaboration between Portland Adult Education and eight local…
Maine Credit Unions Launch Virtual Financial Fitness Fair
April is National Credit Union Youth Month and National Financial Literacy Month—a time when credit unions in Maine traditionally educate young members about financial wellness.…
Cashing in on Spring Cleaning
The latest Financial Literacy Blog highlights the benefits of spring cleaning to make money and protect your finances.
Configuring Your Amazon Automatic Payment Settings
If you have multiple credit cards linked to your Amazon account, the latest Financial Literacy Blog outlines a user setting you may want to change.
Student Loan Forbearance Period Extended
If you have federally held student loans, you won’t need to make payments until October. While student loan payments were previously scheduled to resume on…
League Contributes Articles to New Mainer Newspaper
Did you know the Maine Credit Union League is a regular contributor to the state’s leading newspaper for New Mainers, Amjambo Africa? Each month, the…
Filing Your 2020 Taxes: What You Need to Know
Jake Holmes, the League’s Financial Literacy Outreach Coordinator, summarizes the items you should get in order before you file your 2020 income taxes.
Oxford FCU Sponsors Online Financial Education
Area students have a new way to learn about managing money. Oxford FCU is working with Banzai, a national award-winning financial literacy program, to make…
Second Stimulus Payment: Your Questions Answered
Jake Holmes, the League’s Financial Literacy Outreach Coordinator, answers your questions about the second wave of stimulus payments in his latest blog post.
Gardiner FCU Reshapes How It Offers Financial Education During the Pandemic
Gardiner FCU is deeply committed to providing financial education to area school children and adults. Because the pandemic has transformed education, the credit union has…
Seaboard FCU Provides Remote-Learning Financial Literacy Program for Local Schools
Seaboard FCU is working with Banzai, a national award-winning financial literacy program, to make online, remote-friendly curriculum available to 17 schools in Hancock, Penobscot, and…
Think Ahead with New Year’s Savings Goals
The beginning of a new year is the perfect time to set new financial goals. As the League’s Financial Literacy Outreach Coordinator explains, taking the…
Community CU Receives Grant Funding from the CDBG Program
Community CU is pleased to announce it has received two grants from the Community Development Block Grant program.
League Wins National CUNA Award; Community CU Receives Recognition
Maine is once again in the spotlight for excellence in financial education and outreach. Both the League and Community CU received CUNA awards recognition.
Teaching Children About Charitable Giving
When it comes to educating children about finances, parents also should focus their efforts on teaching kids about the value of donating and volunteering. Jake…
Compound Interest: A Powerful Asset When Saving For Retirement
In the latest Financial Literacy Blog, Jake Holmes, the League’s Financial Literacy Outreach Coordinator, re-examines compound interest. By providing scenario planning, Holmes helps you visualize…
Maine CUs’ Efforts to Promote Financial Literacy Referenced in U.S. Senate Hearing
The Senate Special Committee on Aging held a hearing on September 24 to discuss the challenges women face in retirement. Senator Susan Collins, the committee’s…
Student Loan Relief Tax Credit
In his latest blog, Jake Holmes, the League’s Financial Literacy Outreach Coordinator, explains how the Maine Educational Opportunity Tax Credit can help college graduates living…