Print
Helping new Mainers is something Maine CUs are “embracing”
According to recent articles, Maine’s population growth is a result of immigrants coming to the state to settle. Many of these ‘new Mainers’ have little or no experience or understanding of the financial system. However, thanks to outreach efforts and a commitment to financial education by Maine CUs, a number of immigrants are finding a… Read more »
Members’ usage of Maine CUs shows strong growth
Led by strong lending, particularly mortgage originations and auto loans, the recently-released third quarter statistics for Maine’s credit unions continued to reflect steady growth in most key performance categories. “Maine credit unions remain not only well-positioned but poised to continue to grow in the future, especially in usage and popularity. As not-for-profit, financial cooperatives, more… Read more »
Hunger is drawing an appetite of attention for Maine CUs
The efforts of Maine’s credit unions to raise not only funds but also awareness for the issue of hunger in Maine is receiving significant attention these days. From a significant gift that purchased more than 50,000 meals for hungry Mainers for the holidays to an initiative to help college students who are hungry at campuses… Read more »
Maine CUs give the gift of food with contribution that will purchase 50,000 meals
On Monday, December, 18, the Maine Credit Unions’ Campaign for Ending Hunger in partnership with the Good Shepherd Food Bank celebrated the 12th anniversary of Maine’s first Food Mobile. To mark the occasion, the Maine Credit Unions’ Campaign for Ending Hunger made a contribution of $12,500, which is just a portion of the record-setting $675,000… Read more »
League encouraging votes that could net Barbara Bush Children’s Hospital at MMC, EMMC big donations
The Maine Credit Union League is urging Mainers to participate in the Credit Union for Kids ‘Vote for Miracles’ campaign to benefit Children’s Miracle Network hospitals. This is an opportunity for Maine CUs and members to help one or both of the state’s two CMN hospitals share in $100,000 in prize money, compliments of CO-OP… Read more »
The Maine Credit Union League and Synergent Announce Senior Leadership Changes to Address Evolving Credit Union Needs
The Maine Credit Union League and Synergent announced changes to its senior leadership team. These changes are focused on improving speed to market, product development, and coordination of services to address the growing complexities credit unions face. With rapidly evolving consumer expectations, credit unions must be able to deliver the right service, at the right… Read more »
Walking and Awareness Tour Concludes with Record Footprint on Ending Hunger and Lasting Memories on Community
On Tuesday, November 28, the 16th Annual Maine Credit Unions’ Ending Hunger Walking and Awareness Tour came to its conclusion with a special ceremony at Changing Seasons FCU in Hampden. Brenda Davis, one of Maine’s leading ending hunger advocates, has spent nearly five weeks traveling across the state to focus attention on the severity of… Read more »
Maine CU League applauds Senator King becoming original co-sponsor of legislation that would help Maine CUs
Senator Angus King is part of a bipartisan group of Senators who have introduced legislation that would provide significant relief to Maine credit unions when it comes to residential mortgages and elder financial abuse reporting. The Maine CU League and the Credit Union National Association worked closely with the Senator to get him to become… Read more »
Maine CU League President talks success of Maine CUs in interview with Maine’s leading business publication
In the latest issue of Mainebiz, the state’s leading bi-weekly business publication, Maine CU League President Todd Mason goes ‘On the Record’ as the feature interview for that regular segment. With record-setting statistics across the board with assets, loans, savings and membership, Mason had a positive story to tell, as well as sharing his background… Read more »
Maine CUs announce emergency grant for Bath Area Food Pantry
Upon hearing the news that the Bath Area Food Pantry was without power for nearly a week, losing all food from nearly two-thirds of their entire inventory in freezers and refrigerators, the Maine CUs’ Campaign for Ending Hunger has announced it is making an emergency contribution of $2,500 to the Food Bank. “The Maine Credit… Read more »