Credit unions across the country have suffered substantial losses due to counterfeit checks drawing funds from home equity lines of credit (HELOCs). There are steps…

Credit unions generated record income in the second quarter with the help of reversed loan loss provisions and higher loan originations, according to a report…

In this Bangor Daily News article about home foreclosures and mortgage delinquencies, Russell Cole, President and CEO of CUSO Home Lending, offers his perspective and…

The CUNA Small Credit Union Committee has finalized a new white paper, The State of Small Credit Unions Today. The paper outlines the current challenges…

Renee Ouellette, University Credit Union’s President and CEO, highlights why leveraging your employees’ talents and insights can help your business succeed in this Mainebiz guest…

In an op-ed published in the Sun Journal on May 12, Community CU President and CEO Jennifer Hogan highlighted why Senators Collins and King and…

Mortgage lenders will need to pivot to new areas of growth as rising rates put an end to the refinancing boom, but the interest rate environment…

Some of the best stories we feature in Weekly Update are your stories! From combatting hunger, to supporting local nonprofits, to promoting financial literacy and…

Saying that the pandemic has caused a “shocking increase in housing uncertainty,” the Consumer Financial Protection Bureau has issued a proposal to stop mortgage servicers…

CU Today reports on a new lawsuit facing a New Jersey credit union over alleged unfair overdraft practices. Overdraft class-action lawsuits have been growing in…

CUNA’s latest economic forecasts expects the economy to improve much faster than it anticipated last year, but it remains pessimistic about credit union margins.

Maine’s unemployment rate in December stayed roughly unchanged from the previous month at about 4.9 percent, according to a report issued Tuesday by the Maine…

The Credit Union Journal examines credit union auto lending. Infinity FCU’s Chief Financial Officer Robert Leger is a featured contributor in this article.

Mainebiz connects with Todd Mason and Town & Country FCU President and CEO David Libby about their predictions and priorities for 2021. The article also…

You may notice Weekly Update looks a little different this week. That’s because we have given it a fresh new look for the new year.…

2020 is the year of the unexpected and this holiday shopping season will be no different. The pandemic has changed our world in so many…

As home prices shoot up across the country, wages stagnate, and millions face unemployment, homeowners and buyers alike want to know if the currently on-fire…

Credit unions gained share in a shrinking credit card market in September, while losing share in a slow-moving market for car loans, according to a…

Credit Union Times highlights how credit union leagues—including the Maine Credit Union League—have been helping credit unions manage through the challenges created by the coronavirus health…

Infinity FCU and Deere Employees CU have announced their intent to merge, subject to member and regulatory approval.

The League is proud to announce that Midcoast FCU’s Joe Gervais and Infinity FCU’s Rachna Bhatia have been named as 2020 Credit Union Rock Stars…

According to a new cybercrime report, during the first six months of 2020, financial services organizations saw a year-over-year uptick in automated bot attacks, and…