The League is continuing to monitor all legislative activity during the final days of the Legislature’s session and is planning to provide a full review…
State House Reopens as Legislature Aims to Finish Session
The Maine Legislature returned to the State House this week to complete their legislative work. Legislative leaders have released a schedule that has the Legislature…
CU Employee and Member Safety Act Gets Bipartisan Senate Support
Senators Tina Smith and Ben Sasse introduced a bipartisan bill, the Credit Union Employee and Member Safety Act, which would update the process of expelling…
League Monitoring Bill to End At-will Employment
Because Maine’s credit unions face many of the same challenges as other employers in the state, the League carefully monitors for legislation that could impact…
NCUA Chairman Todd M. Harper Testifies Before the Committee on Financial Services
National Credit Union Administration Chairman Todd M. Harper testified before the before the U.S. House of Representatives’ Committee on Financial Services during its “Oversight of…
League Offers Testimony On “Green Bank” Bills
This week, the League offered testimony on two green energy financing bills, LD 1556 and LD 1659. LD 1556 would create a commission to study…
SBA’s Maine Office Promotes Deputy to Director Role
Diane Sturgeon has been promoted to serve as District Director for the U.S. Small Business Administration’s Maine District Office. Sturgeon, who joined the SBA in…
Attorney General & State Securities Administrator Warn Public About New Phone Scam
Attorney General Aaron M. Frey and Securities Administrator Judith Shaw are warning the public about a new phone scam from a caller claiming to be…
SAFE Banking Act Clears U.S. House
On Monday, the U.S. House of Representatives passed the Secure and Fair Enforcement (SAFE) Banking Act in a bipartisan 321-101 vote. Maine Representatives Jared Golden…
The League’s E-Titling Bill Receives Committee Approval
The Legislature’s Transportation Committee provided their initial approval of the League’s bill, LD 645, Resolve, To Create an Electronic Titling Work Group, sponsored by Representative…
Processing Titles: An Update from Secretary of State Shenna Bellows
Several member credit unions have been in touch with the League about the Bureau of Motor Vehicles’ backlog for processing titles. The League recently asked…
The League’s E-Titling Bill Gets Praise from Maine’s Secretary of State
The League testified in support of LD 645, “Resolve, To Create an Electronic Titling Work Group,” sponsored by Representative Bruce White (D-Waterville). Secretary of State…
Maine’s Legislative Session Picks Up Steam
March continues to be a busy month for the League’s Governmental Affairs team. Testifying in support of bills, monitoring legislative activity on the supplemental budget,…
The Virtual GAC 2021 Comes to a Close
CUNA’s annual Governmental Affairs Conference (GAC) was held virtually this week. As part of this year’s event, Maine’s GAC attendees heard from national speakers, our…
State Senate Confirms Two Important Nominations
The Maine Senate has confirmed the nominations of Lloyd P. LaFountain III for Superintendent of the Bureau of Financial Institutions and Renee Ouellette to the…
League Secures First Significant Legislative Victory of 2021
The League provided testimony in opposition to LD 300, An Act Regarding Early Closures by Financial Institutions, at a hearing before the Joint Standing Committee…
GAC Takes Place Next Week
CUNA’s annual Governmental Affairs Conference (GAC) is happening next week. The virtual program will feature influential guest speakers like former New Jersey Governor Chris Christie,…
The Honorable William Cohen to Address League at GAC
The League is pleased to announce that former U.S. Secretary of Defense and U.S. Senator William Cohen will be a featured guest speaker during the…
League Advocates for CUs in Vaccine Rollout
The League has sent a letter to Maine Department of Health and Human Services Commissioner Jeanne Lambrew advocating that credit union employees be included in…
Mills Administration Proposes Compromise PPP Tax Solution Providing Full State Tax Relief to Maine Small Businesses Most In Need
The Mills Administration offered a solution to the Paycheck Protection Program (PPP) tax conformity issue that would extend full state tax relief to more than…
GAC Gets Underway in Less than One Month
The CUNA 2021 Governmental Affairs Conference (GAC) is taking place March 2 and 3. The event will be completely virtual. The online format will allow…
Taxing PPP Loans
Will the state conform with federal tax codes related to the Paycheck Protection Program (PPP)? That’s the question being asked by many in Augusta this…
Don’t Miss Your Chance to Crash the GAC
Don’t miss your chance to Crash the GAC, CUNA’s premier Governmental Affairs Conference. To apply for a scholarship to attend the event at no cost,…
CUNA Sends Recommendations to Incoming Biden Administration
CUNA wrote to the Biden transition team with recommendations for continued actions from the NCUA and the Consumer Financial Protection Bureau, as well as suggestions…
New Round of PPP Funding Underway
The Small Business Administration’s Paycheck Protection Program reopened on Monday. For those credit unions offering these loans, the SBA has issued guidance to help financial…