The Senate Banking, Housing, and Urban Affairs Committee passed the CUNA and League-supported Secure and Fair Enforcement Regulation (SAFER) Banking Act Wednesday with a 14-9…
Preparing for a Possible Government Shutdown
As the federal government runs out of funding on Saturday, credit unions in Maine are preparing for ways to help members who may be affected.…
Federal Legislative Updates
With a federal shutdown looming, Senators Durbin and Marshall are threatening to oppose all government spending proposals that do not contain the Credit Card Competition…
League Releases Legislative Recap
The 2023 Legislative Recap has been released and is now available to view and download on the League website. This comprehensive report covers the League’s…
CU Job Shadow Program Begins
This week, the League’s Governmental Affairs team coordinated its first Credit Union Connection: CU Job Shadow opportunity. Representative Poppy Arford, who represents the 101st district…
Hike the Hill With Us This Fall
Planning is underway for the League’s annual Hike the Hill trip to Washington, DC. This year’s journey to our nation’s capital will take place October…
LD 1277 Signed into Law at Special Ceremony
On Tuesday, the League joined Governor Mills, Senator Peggy Rotundo, the Bureau of Financial Institutions, and Community CU at a bill signing ceremony to commemorate…
Foreclosure Court Case Update (KeyBank v. Keniston)
A decision has been reached in the case of KeyBank v. Keniston regarding foreclosure. Earlier this year, the League filed an amicus curiae brief at…
CUNA Strongly Opposes Attaching Interchange Bill to NDAA
The FY2024 National Defense Authorization Act (NDAA) was considered in the House and Senate last week. The House did not include interchange language, but an…
Your Branch Can Learn More About CULAC
Although this legislative session is wrapping up, ensuring credit unions remain active in advocacy is top of mind for the League. To help keep it…
Governor Mills Signs Municipal Foreclosure Change
This week, Governor Mills signed LD 101, An Act to Return to the Former Owner Any Excess Funds Remaining After the Sale of Foreclosed Property,…
League Weighs in On Interchange Legislation
Credit union advocates are voicing their strong opposition to the Credit Card Competition Act. Our League joined our colleagues at the Credit Union National Association…
State Bank Bill Officially Dies
LD 1635, this session’s state bank bill, was up for consideration in the Maine House of Representatives on June 12 after being voted Ought Not to…
Interchange Legislation Introduced in Congress
Credit unions have been anticipating the introduction of federal legislation that would change the current credit card interchange system. On Wednesday, Senator Dick Durbin (D-IL)…
Appraisal Woes Plague State
Maine is suffering from a desperate lack of certified appraisers, with only one certified appraiser available for every 19 active listings. The League, along with…
Support CULAC at the League’s Annual Convention
This week, the League was on-hand to testify against yet another proposal to start a State Bank. Proposals like the State Bank, which we also…
Multiple Committee Hearings and Meetings Make for a Busy Week in Augusta
It has been a busy week for legislative advocacy. The League provides an update on committee hearings, legislation, and the Maine State Chamber of Commerce’s…
LD 1277 Has Backing of Maine Credit Unions
Last Tuesday, the League provided testimony in favor of LD 1277, which would allow credit unions to temporarily own property for the purpose of creating…
Maine Legislature Recognizes April as National Financial Capability Month
Tomorrow marks the beginning of a new month that will be focused on promoting financial education. To commemorate the occasion, the Maine Legislature on Tuesday…
League Has Busy Week in Augusta
It has been a productive week in Augusta for advocacy. The League hosted its first Legislative Shadow Day of the year at the State House.…
Another Busy Week for the League’s Governmental Affairs Team
Following a successful trip to Washington, DC, for the CUNA GAC, the League’s Governmental Affairs team spent time in Augusta advocating on behalf of Maine’s…
Advocacy Shines at the CUNA GAC in Washington, DC
This week, representatives from 20 different Maine credit unions were in Washington, DC, for the Credit Union National Association’s Governmental Affairs Conference (GAC). This important…
League Meets with State Legislative Leaders in Augusta
On February 14, the League’s Governmental Affairs team, along with League President/CEO Todd Mason and Chief Relationship Officer Scott Johnsen, met with the leaders of…
Board Modernization Bill Passes in the U.S. House
On Monday evening, the Credit Union Board Modernization Act passed through the U.S. House unanimously by voice vote. The act would reduce the board meeting…
Governor Mills Announces First Round of $450 Energy Relief Payments Are In The Mail
Governor Janet Mills announced that the first round of $450 winter energy relief payments are being mailed to eligible Maine taxpayers on Monday. Maine Revenue…