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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…
Award Application Deadline Extended for League Awards
The League has extended the application deadline for the Dora Maxwell, Louise Herring, and Desjardins Awards. Credit unions now have an additional two months to complete the…
What You Should Remove From Your Wallet
Jake Holmes, the League’s Financial Literacy Outreach Coordinator, discusses the four items you should remove from your wallet in his latest video blog.
Aroostook Chapter Seeks Volunteers for Upcoming Financial Fitness Fair
The Aroostook Chapter of Credit Unions will be hosting their 13th Annual Financial Fitness Fair at the Loring Air Force Base in Limestone on April…
5 Ways to Make Extra Income
Whether you’re paying down debt, building up an emergency fund, or simply splurging on something you haven’t budgeted for, it’s always nice to have a…
cPort CU and Infinity FCU Join Partnership to Train New Mainers
cPort CU and Infinity FCU are joining other industry partners to help immigrant residents prepare for teller jobs in the financial services industry.
League to Receive Prestigious CUNA Financial Education Award
At the upcoming CUNA Governmental Affairs Conference in Washington, DC, the League will receive a first-place Desjardins Award for its efforts to improve financial literacy…
Why You Should Monitor Your Automatic Payments
Setting up automatic payments for recurring bills is a modern convenience that saves a significant amount of time, but it is important to monitor these…
Volunteer Opportunities Await at Junior Achievement of Maine
Junior Achievement of Maine provides financial education to elementary, middle, and high school students across the state and is looking for volunteers. Would you be…
Can You Spot the Signs of Elder Financial Abuse?
With one in nine older Americans experiencing a form of financial abuse, do you know the signs you should be looking for to help protect…
People Helping People in Auburn
The League was pleased to serve as one of the sponsors of a spaghetti dinner benefiting Auburn resident Barbara Hinckley, who lost her life savings…
How to Keep Your Financial New Year’s Resolution
Approximately 80% of resolutions made in January fail by the second week of February. Those statistics can be discouraging. That’s why the League’s Financial Literacy…
How to Avoid Unanticipated Holiday Expenses
While the holidays are often full of joy and laughter, the season can become stressful very quickly. In his latest blog, Jake Holmes, the League’s…
Prevent Elder Financial Abuse with BankSafe Training
AARP has created a free online program called BankSafe to help credit unions detect and combat elder financial abuse.
Social Security Administration Launches New Online Form for Reporting Fraud
The Social Security Administration and its Inspector General announced the launch of a new online form for reporting Social Security-related scams.