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This April, Talk to Your Kids About Money

May 1, 2024 | Financial Literacy, Publications & Research

To close out April National Financial Literacy Month, Jim Lemieux, President of Sebasticook Valley FCU, authored a guest editorial in the Bangor Daily News that…

New Dimensions FCU Wins Morning Sentinel’s Reader’s Choice 2024

April 23, 2024 | Awards, Education, & Events, Publications & Research

New Dimensions FCU is proud to announce its first-place victory in the Morning Sentinel’s Reader’s Choice 2024 awards. This esteemed recognition reflects the unwavering support…

CFPB Caps Credit Card Late Fees for Large Financial Institutions at $8

March 6, 2024 | Compliance, Publications & Research

The CFPB has issued its final rule to reduce the safe harbor threshold credit card issuers can charge for late payments to $8. While the…

Breaking Down the New BOI Access Rule

January 17, 2024 | Compliance, Publications & Research

America’s Credit Unions has shared their latest Compliance Blog, breaking down the new BOI access reporting rule, which went into effect January 1. The post…

Weekly Update: Your One-Stop Shop for Timely Credit Union News

January 10, 2024 | Publications & Research

If you received this week’s newsletter, you already know it covers a wide array of timely credit union topics. With important governmental affairs and compliance…

2024 Forecast: Liquidity ‘Top of Mind’ at Maine Credit Unions

January 10, 2024 | Publications & Research

Cris Wescott, League Interim President/CEO, offers her 2024 insights to Mainebiz in this article published on January 9.

In Case You Missed It: Fund Created for Maine Businesses Affected by Pre-Holiday Wind and Rainstorm

January 4, 2024 | Publications & Research

As outlined in this Press Herald article, grants of up to $10,000 are available to replace equipment or lost supplies through a fund created by…

Your Input Is Needed on Interchange Survey

January 3, 2024 | Advocacy In Action, Publications & Research

The new America’s Credit Unions (formerly CUNA) is conducting a survey to solicit input on the the potential effects of the Federal Reserve Board’s proposed…

Commentary: Swipe Fees Not a Villain to Small Business

November 29, 2023 | Publications & Research

Robert Caverly, League Vice President of Advocacy & Outreach, provided commentary to the Press Herald rebutting an editorial about the so-called benefits of the Credit Card Competition…

Credit Union Employee Compensation Research Distributed to CEOs

November 27, 2023 | Publications & Research

Prior to the Thanksgiving holiday, the League shared the results of a recent survey conducted by Portland Research Group (PRG) with Maine credit union CEOs.…

Keeping Fraud In Check: Maine Banks Combat Rising Wave of Check Fraud

November 27, 2023 | Fraud, Publications & Research

This Mainebiz article by Renee Cordes examines the rise in check fraud and highlights what Maine financial institutions are doing to prevent losses.

Thankful For Our Credit Unions

November 16, 2023 | Publications & Research

Our League is so thankful to be a part of your credit union’s journey and continued success. We wish you a happy Thanksgiving holiday. The…

Feds to Make Loans Available to Businesses that Closed During Massive Manhunt

November 7, 2023 | Publications & Research

This Maine Public article highlights new federal assistance now available to qualifying Maine businesses that closed during last month’s manhunt for the Lewiston mass shooter.

Credit Unions Are Recognized for Being Outstanding Workplaces

August 14, 2023 | Awards, Education, & Events, Publications & Research

Working in the credit union movement is incredibly rewarding. Our hardworking employees don’t contribute their time, energy, and talent for the recognition. They do it…

#ILoveMyCreditUnion Campaign Saw 30K Engagements, Reached 9M People, Says ICUS

August 10, 2023 | Publications & Research

The recent #ILoveMyCreditUnion social media campaign saw approximately 30,000 engagements that reached nine million people around the world, according to the Illinois Credit Union System…

CUNA and NAFCU Notify Members of Intent to Merge

August 2, 2023 | CU Collaboration and Chapter Activity, Publications & Research

CUNA President/CEO Jim Nussle and National Association of Federally-Insured Credit Unions President/CEO Dan Berger notified members of both organizations that the associations have signed a…

Maine Had the Nation’s Largest Drop in Foreclosures

July 13, 2023 | Publications & Research

In this article, the Bangor Daily News examines foreclosure application filings for the first six months of this year. According to a recent report, Mainers…

June Auto Lending Report Features Recategorized Loan Data

July 5, 2023 | Publications & Research

The June edition of CUNA’s Auto Lending Monthly Report contains updated data from Equifax, which revised the historical data going back to 2005. The revision affected the…

Forbes Shares Its List of Best Credit Unions in Each State

June 20, 2023 | Publications & Research

The list is out! Annually, Forbes ranks the best credit unions and banks in each state. This year, 157 awards were given to 147 unique credit unions…

Maine Home Foreclosures Plummet While Sales Drop, Prices Inch Up

April 27, 2023 | Publications & Research

The Press Herald examines Maine’s housing market and how the state’s foreclosure filings are among the lowest in the country. Commentary from League President/CEO Todd…

Checks and Balances: Maine Banks, Believers in Safety First, May Face Bumpy Ride if Turmoil Escalates

April 4, 2023 | Publications & Research

Mainebiz covers the fallout from the Silicon Valley Bank and Signature Bank closures. League President/CEO Todd Mason provides commentary for the article—noting the difference between credit…

Town & Country FCU Adds Two to its Leadership Team

April 4, 2023 | CU Hiring News & Promotions, Publications & Research

Town & Country Federal Credit Union is pleased to announce the addition of two members to its executive team with the hiring of Paul Musgrove…

Three Chances to Learn About Callahan & Associates’ New Peer Suite

March 29, 2023 | Publications & Research

Callahan & Associates recently launched a new analytics tool known as Peer Suite. To better familiarize your credit union with Peer Suite, Callahan’s is offering three…

NCUA Amends Its Rules to Expand Access to Subordinated Debt

March 23, 2023 | Publications & Research

The National Credit Union Administration is expanding term limits and simplifying language to enable low-income designated institutions to maintain access to subordinated debt. At the…

Credit Union Resources Will Help Address Bank Closures

March 15, 2023 | Publications & Research

The news about Silicon Valley Bank and Signature Bank has likely caused some distress for your members. To help credit unions reassure their members that…

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