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…
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…
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…
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…
Legislature Acknowledges April as Fostering Financial Education Month
The Legislature issued a joint resolution acknowledging April as Fostering Financial Education Month. The resolution highlights the importance of providing opportunities for students to learn…
Legislature Considers Foreclosure Bills
On April 24, the Legislature’s Judiciary Committee held public hearings on four foreclosure bills. For each bill, the League offered testimony “Neither For Nor Against” and cautioned the…
Senator King Announces Support for SAFE Banking Act
Last week, Senator Angus King announced his support for the Secure and Fair Enforcement (SAFE) Banking Act of 2019, a bipartisan bill to ensure legal cannabis businesses…
Oral Arguments Begin in NCUA’s Appeal on FOM Rule
CUNA attended oral arguments Tuesday before a three-judge panel of the D.C. Circuit Court of Appeals in American Bankers Association’s ongoing legal challenge to the…
League Opposes Legislation Harming Creditors’ Rights
On April 17, the League testified before the Legislature’s Committee on Judiciary in opposition to L.D. 1053, “An Act To Reduce the Period of Enforcement for…
Overdraft Suits an Issue to Watch
CU Today reports on the growing number of lawsuits that are being filed against credit unions over their overdraft practices.