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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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…
MDOL Releases New Rules Regarding PFML
On Wednesday, the Maine Department of Labor (MDOL) released a new set of rules regarding the Paid Family Medical Leave (PFML) program. These rules come…
Credit Union Industry Opposes Proposed Changes to Electronic Funds Transfer Act
Recently introduced legislation in Congress would change the definition of an unauthorized transfer and result in dramatically increased fraud costs for credit unions. The Protecting…
League Advocates for FHLB System in Comment Letter
On Monday, the League joined America’s Credit Unions, Tricorp FCU, and others in asking the Federal Housing Finance Agency (FHFA) not to make changes to…
League Submits Comment Letter to DOL on Paid Family Medical Leave
The League’s Governmental Affairs team submitted a comment letter to the Maine Department of Labor (DOL) regarding proposed rules for the new Paid Family Medical…
Following the Primary Election, League Gears Up for General Election Endorsements
With Tuesday’s primary behind us, the League’s Governmental Affairs team will begin considering endorsements for the general election in November. Any candidate who receives an…
Paid Family Medical Leave Rulemaking Underway
This week, the League attended the second webinar in a series on Paid Family Medical Leave (PFML) hosted by the Maine State Chamber. The prior…
Support Credit Union Advocacy Through CULAC Auction Donation
With Convention just around the corner, the League’s Governmental Affairs team is soliciting donations for their annual silent auction to benefit CULAC. Your credit union…
Credit Union Advocates Spend the Day with Senator King
Spending time with our elected officials is an important way to showcase the credit union difference and communicate our policy priorities. This week, the League…