Maine Credit Union League Weekly Update

Volume 28  •  Issue 29  •  July 19, 2019  •  
Casco FCU Branches Collect Peanut Butter for Local Food Pantries

Local food pantries always are in need of non-perishable items, but during the summer months, donations tend to decline. Because hunger doesn’t take a vacation, the team at Casco FCU held a peanut butter drive to help stock the shelves at food pantries in Gorham and Standish.

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Cumberland County FCU Promotes Ross Biette to SVP of Information Systems

Cumberland County FCU announces the promotion of Ross Biette to Senior Vice President of Information Systems. Biette started with Cumberland County FCU in 2010.

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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 our credit union network’s already strong relationships with Maine’s congressional delegation.

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Maine Savings Participates in the Wicked Muddy Mainer

On July 13, fifteen enthusiastic employees from Maine Savings FCU embarked on a very muddy team building exercise in Orrington as part of the Wicked Muddy Mainer.  Team Maine Savings tackled twenty obstacles along the six mile, mud soaked course.

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Are Credit Unions Prepared for Maturing Fraud Threats?

As credit unions head into strategic planning season, one topic that might not be getting enough attention is the threat of account takeover fraud. Credit Union Journal examines this issue and offers suggestions to help you prepare.

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Online Auction Added for CULAC and Ending Hunger

The League will be hosting an additional online auction to support CULAC and the Campaign for Ending Hunger in July, which means you will have another chance to support two great causes and win some fabulous items! Details will be emailed soon.

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FASB Proposes Delay of CECL Implementation to Jan. 2023

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Deadline Approaching for 2020 Wegner Award Nominations

The deadline is approaching for credit union supporters to nominate individuals and organizations for the Herb Wegner Memorial Awards presented by the National Credit Union Foundation.

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Five Ways to Save on Utility Costs This Summer

In his latest blog, Jake Holmes, the League’s Financial Literacy Outreach Coordinator, shares tips to help members save on their summer utilities expenses.

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Job Opportunities

To post or remove a position, please email Jen Burke at jburke@mainecul.org. Facilities

Lending Management Member Services

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UPCOMING EVENTS

July 23
Call Report Series: Call Report Preparation: Avoiding Common Errors
Register Now.
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July 24
Outsourcing Tech Services: Regulations, Examiner Expectations & Actions for Vendor Management
Register Now.
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July 25
What Are Those Partnership & S-Corp Tax Returns Telling Me?
Register Now.
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July 30
Opening Accounts Online: Rules, Risks & Best Practices
Register Now.
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July 31
Consumer Collection Series: 20 Common Mistakes in Consumer Collections
Register Now.
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August 1
IRA Series: IRA Reporting, Common Issues & Error Resolution
Register Now.
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Register for any training or event online by using the Event Calendar link found under the Education Tab at www.mainecul.org

Editor:
Jen Burke
Communications and
Public Affairs Manager
jburke@mainecul.org


Weekly Update is written by the Maine Credit Union League.

Weekly Update - A Publication For The Maine Credit Union League
Maine Credit Union League | P.O. Box 1236 | Portland, Maine 04104 | www.mainecul.org