Maine Credit Union League Weekly Update

Volume 29  •  Issue 38  •  September 18, 2020  •  
A Message From Todd Mason: Register to Attend the Annual Management Roundtable

League President/CEO Todd Mason previews the upcoming Management Roundtable, which is taking place virtually on September 29 and 30.

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The League, Synergent, and Twelve CUs Make 2020 Best Places to Work in Maine List

The Maine Credit Union League, Synergent, and twelve Maine credit unions have been included on the 2020 Best Places to Work in Maine list. The Best Places to Work program recognizes companies that have established a consistently outstanding workplace environment.

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Three CU Employees Receive 40 Under 40 Honors

Three credit union employees, Dirigo FCU’s Melissa Sproul and Community CU’s Kirstyn Birbeck and Kayleigh Ogden, were recognized as 40 Under 40 honorees by Uplift LA.

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Maine DOL Finalizes Rules for New Earned Employee Leave Law

The Maine Department of Labor has finalized rules outlining the specifics for implementing the state’s new earned time off law. The new rules include several changes that may impact credit unions.

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It’s Free! All Maine K-12 Students Are Eligible for Free Meals Through December

Wednesday’s edition of the Kennebec Journal featured an article about the U.S. Department of Agriculture’s free school food program, which expires December 31. As financial navigators, credit unions should consider sharing information about this program with their members. It is a free benefit that many Maine families are not taking advantage of.

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Northeast CU Celebrates Kindness Through Unique Initiative

Northeast CU is recognizing selfless kids in their communities through its third annual “Nice Catch – Celebrating Kind Kids” initiative.

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Credit Unions Best Represented by CUNA, Says Independent Study

CUNA and its League partners are the most influential financial services organization and CUNA is one of the top ten most effective advocacy organizations in Washington, DC, according to an independent study conducted by Ballast Research.

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SEC Warns of Rise in Credential Stuffing Cyberattacks

The Securities and Exchange Commission’s exam division is warning about an increase in cyberattacks against advisors and financial institutions. These attacks involve “credential stuffing” to disclose personal information.

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Student Loan Relief Tax Credit

In his latest blog, Jake Holmes, the League’s Financial Literacy Outreach Coordinator, explains how the Maine Educational Opportunity Tax Credit can help college graduates living in Maine.

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Job Opportunities

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

Management Member Services

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September 21, 2020
Mortgage Collection & Foreclosure: Best Practices & Tenants’ Rights
Register Now.
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September 22, 2020
Avoiding Costly Mistakes in Calculating Debt Service Coverage
Register Now.
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September 22, 2020
BSA Virtual Conference
Register Now.
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September 23, 2020
UCC-1 & UCC-3: Financing Statements Line-by-Line: Filing, Amending & Renewing
Register Now.
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September 24, 2020
Ag Lending Compliance Including Industrial Hemp
Register Now.
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September 28, 2020
CDD Update: New FinCEN FAQs & COVID’s Daily Practical Challenges
Register Now.
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September 29 – 30, 2020
Virtual Management Roundtable – There’s Still Time to Register!
Register Now.
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September 29, 2020
Mastering Escrow: Analysis, Rules, Forms, & Compliance
Register Now.
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September 30, 2020
FFIEC Requirements for a Remote Deposit Capture Risk Assessment
Register Now.
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SAVE THE DATE: October 21, 2020
Fall Marketing Council Lunch & Learn Workshop – Details Coming Soon!
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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
Public Affairs and
Communications 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