The League’s Governmental Affairs team is collecting items for the upcoming CULAC Silent Auction. The auction will run during the 2019 Legislative Forum on November…
CUNA Submits Comment Letter on HMDA Data Points
CUNA submitted a comment letter to the CFPB on its advance notice of proposed rulemaking on HMDA data points and coverage. CUNA is concerned that…
League Mourns the Passing of Representative Raymond Wallace
The League extends our condolences to Representative Raymond Wallace’s family and friends, and of course, to his credit union family at Maine Highlands FCU. We…
Hike the Hill Plays an Important Role in Advocacy
This week, representatives from Maine’s credit unions and the League were in Washington, DC, participating in Hike the Hill.
Celebrate International Credit Union Week by Dressing Casual for CULAC
Celebrate International Credit Union Week in style at your credit union by participating in a casual dress week for CULAC October 14-19. CULAC provides funds…
CUNA Invites CUs to Attend the Largest Advocacy Event of the Year
Registration is now open for the 2020 CUNA Governmental Affairs Conference, taking place February 23-27 at the Walter E. Washington Convention Center in Washington, DC.
Why the Most Pro-Marijuana Congress Ever Won’t Deal with Weed
Marijuana advocates are divided among themselves over whether to push for full legalization or settle for less far-reaching legislation. At the same time that Congress…
Governor Mills Calls Legislature in for Special Session
Maine lawmakers will head back to the State House on August 26 to consider $163 million in bond proposals. Once approved by the Legislature, the…
CU Advocacy Win – NCUA’s Field of Membership Rule Upheld
The credit union movement scored a big advocacy win this week! On Tuesday, the DC Court of Appeals upheld the NCUA’s field of membership rule. This…
HUD to Loosen Restrictions on FHA Insurance for Condo Loans
The Department of Housing and Urban Development will remove some barriers to government-insured condominium lending next month, including a post-crisis measure housing industry groups have long…
CULAC Is an Important Tool in CU Advocacy
People often ask why credit unions are involved in legislative advocacy. The answer is simple. If credit unions aren’t at the table, we’re on the…
Senator Susan Collins Visits the League
The Maine Credit Union League welcomed U.S. Senator Susan Collins (R-ME) to its Westbrook headquarters on August 6 for a briefing on data security. The…
Will Congress Use Marijuana Banking Legislation to Outlaw Obama-Era Initiative?
On Tuesday, a credit union executive testified before the Senate Banking Committee to request clarity concerning marijuana banking laws. Despite the hearing, Senate leaders provide no…
League Gears up to Hike The Hill This Fall
Plans are underway for this year’s Hike the Hill trip to Washington, DC, taking place October 15–17. The annual program is designed to build upon…
Steve Forbes to Headline the League’s 2019 Legislative Forum
Our League is pleased to announce Steve Forbes, Chairman and Editor-in-Chief of Forbes Media, will serve as the keynote speaker for our 2019 Legislative Forum…
85 Years of People Helping People
On June 26, 1934, President Franklin D. Roosevelt signed the Federal Credit Union Act. 85 years later, our network is stronger than ever and still carrying…
Governor Mills Signs Bipartisan Letter Urging Congress to Act on Cannabis Banking
Earlier this week, Governor Mills signed a bipartisan letter to Congress, urging lawmakers to take action on cannabis banking. The letter outlines support for the…
State Chamber to Host Regional Breakfast Series
Staff from the Maine State Chamber of Commerce will be traveling across Maine next week to host several free regional breakfasts to recap this year’s…
Casual Dress for CULAC Happening Next Week
Kick off summer in style at your credit union by participating in a casual dress week for CULAC June 24 – 28. The theme for…
Legalizing Pot May Be Only Way to Lift Cloud Over Pot Banking
The insertion of a marijuana banking provision into a must-pass spending bill has reinforced industry hope of legislative progress, but some analysts worry the budget…
Marijuana Banking Would Boost CU Deposits by $350 Million Over 10 Years: CBO
(From Credit Union Times) – A House bill that would provide financial institutions with a safe harbor to serve marijuana-related businesses would boost deposits at credit unions…
CU Trade Groups Oppose FCC Proposal to Crack Down on Robocalls
Credit union trade groups warned that a Federal Communications Commission plan to crack down on so-called robocalls could restrict legitimate communications between a credit union and its…
Governor Mills Signs Employee Leave Bill
LD 369, “An Act Authorizing Earned Employee Leave,” was recently signed by Governor Janet Mills and will become law 90 days after the adjournment of the…
Silent Auction for CULAC
The League’s Governmental Affairs team will be coordinating the Super Six Silent Auction for CULAC at this year’s Annual Meeting and Convention happening next week.
CUNA Supports Fight Against Senior Scams
Earlier this week, CUNA drafted a letter to Congress in support of the Stop Senior Scams Act (S. 149), a bill introduced by Sens. Bob…