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…
The Unexpected Costs of Having a Baby
In his latest financial literacy blog, Jake Holmes, the League’s Financial Literacy Outreach Coordinator and a new dad, explores the unexpected costs of having a…
The Hidden Costs of Buying a Home
In his Financial Literacy Blog, Jake Holmes, the League’s Financial Literacy Outreach Coordinator, explores the hidden costs associated with buying a home. Jen Burke, the…
Back to School Shopping on a Budget
The National Retail Federation’s 2020 Back to School Survey estimates that back to school spending will reach record levels—up $93 from this time last year.…
What Is Credit?
In his latest Financial Literacy Blog, Jake Holmes, the League’s Financial Literacy Outreach Coordinator, breaks down the important topic of credit and creditworthiness.
Don’t Miss Your Chance to Attend the Annual Millennial Summit
Calling all credit union Young Professionals (YPs). Today is the last day to tell us why you would like to receive a complimentary registration to…
Why You Should be Using the Pays
Jake Holmes, the League’s Financial Literacy Outreach Coordinator, examines the benefits of using mobile wallet apps to make purchases with your phone in his latest…
Financial Literacy Blog: Paying Medical Bills with a Credit Card
Jake Holmes, the League’s Financial Literacy & Outreach Coordinator, examines the pros and cons of paying off medical debt with a credit card in the…
Keeping Older Members Safe From COVID-19 Scams
Protecting our older members from financial scams is a responsibility Maine credit unions take seriously. Since much of the COVID-19 related fraud is targeting older…
Are Your Members Unlocking the Power of Compound Interest?
Jake Holmes, the League’s Financial Literacy Outreach Coordinator, discusses the power of compound interest in a new video blog. Holmes compares two different saving plan…
Federal Student Loan Payments Postponed
Jake Holmes, the League’s Financial Literacy Outreach Coordinator, examines federal student loan payment deferments in his latest Maine Credit Unions’ blog post.
Answering Your Stimulus Payment Questions
The Financial Literacy Blog answers your members’ top questions about their economic impact payment.
COVID Financial Challenges Can Be Teachable Moment for Parents
David Libby, President & CEO at Town & Country FCU, authored an editorial for the Portland Press Herald that discussed the financial challenges surrounding COVID-19…
CU Youth Month Tip of the Week: Let Your Kids Make Mistakes
This week’s CU Youth Month tip of the week focuses on why its okay to let your kids make financial mistakes. These mistakes can turn…
CU Youth Month Tip of the Week: Start a Family 401(k)
Week 2 of National CU Youth Month is almost over, but there’s still time to share an important youth and family savings tip with your…
CU Youth Month Tip of the Week: Talking to Your Kids About Money
April is National Credit Union Youth Month. To commemorate this occasion, Jake Holmes, the League’s Financial Literacy Outreach Coordinator, is offering some simple suggestions to…
A Warning for Members: Stimulus Check Fraud
Last week, Congress passed a sweeping relief bill to provide some much needed financial assistance to Americans across the country. While this is good news…
April is National Credit Union Youth Month
A traditional April includes the start of baseball season, the Boston Marathon, and the first true signs of spring. However, it is no secret that…
Money-Smart Social Distancing Projects
In his latest blog, Jake Holmes, the League’s Financial Literacy Outreach Coordinator, outlines how consumers can make the most of their time at home by…