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Weekly Update

 
 
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Stop & Hold Bill Advances in Committee

May 8, 2025 | Governmental Affairs

As the calendar turns to May, the Legislature continues to work at a feverish pace to conclude their committee work. Following last week’s progress on…

Appraisers Bill Passes Unanimously

May 1, 2025 | Governmental Affairs

During a busy legislative week with bills still being printed and considered, the Labor Committee held a work session on Tuesday for LD 1514, legislation…

Appraisers Bill Heard and First Teaser of Towing

April 24, 2025 | Advocacy In Action, Governmental Affairs

Late last week, the hearing for the League’s Appraisal Bill, LD 1514, was scheduled for Tuesday. The bill is in response to the appraisal shortage…

Legislature Seeks to Reinstate the “Free House” Rule

April 10, 2025 | Governmental Affairs

Today at 9:30 am, the Judiciary Committee will review LD 1444, An Act to Prevent Foreclosures Without Strict Compliance with Notice Requirements. The bill, sponsored…

House Passes Resolution to Nullify CFPB’s Overdraft Rule

April 10, 2025 | Governmental Affairs, Publications & Research

The House voted 217-211 to advance its resolution of disapproval for the Consumer Financial Protection Bureau’s (CFPB) overdraft rule Wednesday. The Senate passed its version…

Surcharge Bill Splits Along Party Lines

April 3, 2025 | Advocacy In Action, Governmental Affairs

This week, the League continued addressing important issues such as surcharges, financial education requirements, and paper statements. The Governmental Affairs team provides an update on…

Committee Activity Marks Busy Week in Augusta

March 27, 2025 | Advocacy In Action, Governmental Affairs

The League’s Governmental Affairs team stayed busy this week, following multiple issues and bills closely. Topics of importance include medical debt and credit reports, allowing…

A Flurry of Activity in Augusta and Washington to Watch

March 20, 2025 | Governmental Affairs

The Legislature is now approximately halfway through the expected bills for this legislative session. The Governmental Affairs team is currently tracking 16 Priority One bills,…

Credit Union Advocacy on Full Display This Week in Washington, DC

March 5, 2025 | Advocacy In Action, Governmental Affairs

Over 100 representatives from Maine and thousands of credit union employees and volunteers from across the country came together this week in Washington, DC, for…

Maine Legislature Votes In Favor of Consumer Protection

February 27, 2025 | Governmental Affairs

This week, the Legislature held work sessions on both LD 353 and LD 314. LD 353 was tabled by the committee. When reviewing LD 314, the…

Updates on the CFPB and the Credit Union Board Modernization Act

February 13, 2025 | Advocacy In Action, Governmental Affairs

There have been many changes to the Consumer Financial Protection Bureau (CFPB) over the past week. The League’s Governmental Affairs team provides an update on…

League Staff Busy Advocating for Credit Unions on Bills in Augusta

February 13, 2025 | Advocacy In Action, Governmental Affairs

This week in Augusta, the League presented testimony on three bills and had a work session on two others. The League’s Governmental Affairs team addressed…

Evergreen CU’s Emma Pierce Selected to Crash the GAC

February 11, 2025 | Advocacy In Action, Governmental Affairs

The credit union industry’s largest advocacy event—the 2025 Governmental Affairs Conference (GAC)—is just a few weeks away, and once again, a group of emerging leaders…

League Had a Full Week at the State House

February 6, 2025 | Governmental Affairs

It was a busy week in Augusta for the League’s Governmental Affairs team.  On Tuesday, the League provided testimony on LD 142 and  LD 201.…

League and Midcoast FCU Offer Testimony in Support of LD 97

January 29, 2025 | Governmental Affairs

Earlier this week, the League and Midcoast FCU testified in support of LD 97, An Act to Facilitate the Improvement of Credit Scores of Residents…

League Hosts Discussion for Maine Bureau of Financial Institutions and State-Chartered Credit Unions

December 19, 2024 | Governmental Affairs

This week, the League was pleased to welcome the Maine Bureau of Financial Institutions (the Bureau) and Maine state-chartered credit unions for an update and…

Maine Department of Labor Issues Final Rules for Paid Family and Medical Leave

December 5, 2024 | Governmental Affairs

The Maine Department of Labor released the final rules for the Paid Family and Medical Leave (PFML) program set to begin January 1, 2025. All…

2025 Federal Reserve Holiday Observances Announced

December 5, 2024 | Governmental Affairs

It’s hard to believe 2025 is just a couple of weeks away, and with it comes a whole new year to uplift our communities, fundraise…

Maine State Legislators Sworn Into Office

December 5, 2024 | Governmental Affairs

On Wednesday, the 132nd Maine Legislature was sworn-in to begin their two-year legislative term. After being sworn-in and electing Maine’s constitutional officers, legislators adjourned until…

Election Results Resources Are Now Available for Maine Credit Unions

November 21, 2024 | Governmental Affairs

As the League continues to assess the ramifications of the election for our industry, we have created resources that credit unions can provide to employees…

Election Results and the CU Movement

November 7, 2024 | Governmental Affairs

Endorsements are a cornerstone of the League’s advocacy approach. Following Tuesday’s general election, we can now report the results of both local and federal races.…

Krista Simonis on the Importance of Voting

October 30, 2024 | Governmental Affairs

Krista Simonis, League Director of Governmental Affairs, shares her views on why it is important for people to vote in next Tuesday’s election. Her commentary…

Maine Department of Labor Releases Resources for Employers

October 17, 2024 | Governmental Affairs

In advance of the January launch of the Paid Family Medical Leave program, the Maine Department of Labor (MDOL) has released a one-page overview document…

League Governmental Affairs Team Urges Early Voting Following Successful Candidate Nights

October 10, 2024 | Governmental Affairs

Over the past few weeks, the League’s Governmental Affairs team has traveled to credit union chapter meetings around the state to introduce candidates with their…

2024 League Legislative Forum Sets Stage for Upcoming Election and the Need for Advocacy

September 12, 2024 | Governmental Affairs

Credit union advocacy was on full display on Tuesday for the return of the League’s Legislative Forum. Representatives from credit unions across Maine gathered for…

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