Maine Credit Union League Weekly Update

Volume 28  •  Issue 20  •  May 17, 2019  •  
League Annual Meeting and Convention Happening Today

After months of planning, credit union representatives from across Maine are on their way to Portland this morning for the League’s Annual Meeting and Convention. This important networking event is both informative and fun, offering knowledgeable guest speakers, product news, and entertainment.

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Another Successful Campaign for Ending Hunger Golf Tournament in the Books

Despite a chilly start, 143 enthusiastic golfers descended on the Belgrade Lakes Golf Course to participate in the 81st Annual Ending Hunger Golf Tournament.

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CUs are Spending Millions Because of Outdated DMV Systems

Even though we live in a digital world, more than half of states – including Maine – still use paper to track auto liens.  CU Journal examines this problem and the headache it creates for lenders.

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Maine CUs Participate at Important Financial Education Conference

  The 10th Annual Fostering Financial Education in Maine Schools Conference took place on Friday, April 28, at the Augusta Civic Center. The event welcomed over 150 educators, counselors, and financial literacy proponents from around the state.

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Infinity FCU Wins Outstanding Community Partner Award

On May 7, ProsperityME celebrated the triumphs of Maine’s immigrants at their 11th Annual Community Block Party. At the special event, Infinity FCU was awarded the Outstanding Community Partner award.

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New Dimensions FCU is Cruisin’ for a Cure

On June 1, New Dimensions FCU is hosting the Cruisin’ for a Cure Car Show in Waterville to benefit the Maine Children’s Cancer Program.

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Biz Kid$ Business Plan Competition Grants Available from the Foundation

Credit union organizations can now apply for a Biz Kid$ Business Plan Competition Grant from the National Credit Union Foundation to help improve youth financial education through hands-on entrepreneurial experience.

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Total CU Capital Increases 1.4% in March, Says CUNA MCUEs

Credit union loan balances increased by 0.3% in March, an acceleration relative to the 0.1% February increase, but the slowest March increase since 2013, according to CUNA’s Monthly Credit Union Estimates for March 2019.

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Evergreen CU President Jason Lindstrom Talks CMO to CEO in New CUNA Podcast

The latest CUNA podcast features Evergreen Credit Union’s CEO Jason Lindstom.  In his interview, Jason talks about his credit union journey and past experience as a credit union marketer.

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Job Opportunities

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

Information Technology Lending Management Member Services Collections/Credit
  • Collector – Northeast CU, Portsmouth, NH

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UPCOMING EVENTS

May 20
CH Specialist Series: Top 10 Ways to Mitigate ACH Payment Risk 
Register Now.
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May 21
Certified Teller Two: Day 1 & 2
Register Now.
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May 21
Evaluating Collateral & Personal Guarantees for Loan Repayment
Register Now.
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May 22
Consumer Collection Series: Repossession Practices, Compliance & Limitations
Register Now.
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May 23
Supervisory Committees: Understanding Expectations & Avoiding Landmines
Register Now.
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May 29
ACH Stop Payments vs. Unauthorized Extended Returns: Know the Difference
Register Now.
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May 29
Military Lending Act & SCRA: Compliance & Lessons Learned
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
Outreach 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