Maine Credit Union League Weekly Update

League President Elise Baldacci reflects on her first six weeks in her new role and outlines what lies ahead for the remainder of the summer and early fall.

The League’s Governmental Affairs team submitted a comment letter to the Maine Department of Labor (DOL) regarding proposed rules for the new Paid Family Medical Leave (PFML) Act that was signed into law this past session. The letter, drafted with input from the League’s Governmental Affairs Committee, focused primarily on two areas of concern with the proposed PFML program.  

The York and Alex Ferguson Chapters are looking forward to welcoming their young professionals (YPs) in just under two weeks for a special opportunity to gain valuable insight into advancing a career in our industry. This event is open to all York and Alex Ferguson Chapter credit union employees aged 40 and under, and it’s not too late to register! 

Atlantic FCU is excited to introduce Ashlee Goodwin as the new Branch Manager of its Sanford location at 1516 Main Street. Goodwin’s appointment reflects her strong commitment to community engagement—a value that resonates with the credit union’s mission.

Cumberland County FCU is proud to announce it recently provided nine $1,000 scholarships to outstanding high school seniors who are planning to continue their studies in the educational field. This initiative is part of the credit union’s ongoing commitment to supporting students in its communities.

University CU (UCU) has officially opened its first brick and mortar location in Kennebec County. To celebrate, UCU will host a three-day open house July 23 – 25 with activities, refreshments, and product specials. To kick off the celebration, a ribbon cutting ceremony with the Kennebec Valley Chamber of Commerce is taking place on Tuesday, July 23 at 12:00 pm.

This Mainebiz article outlines cPort CU’s plans to open a branch in Lewiston next summer. The location will be in a new building to be constructed on the site of a former Dunkin’ Donuts at 321 Main Street.

Evergreen CU and the Maine Mariners will help provide over 12,000 meals to Mainers in need via their Goals for Food initiative. The hockey team and Evergreen CU raised $6,450 in their combined efforts.

Through the USDA Healthy Meals Incentive Initiative’s School Food System Transformation Challenge, Full Plates Full Potential and the USDA are awarding $7,3387,839 to seven Maine collaborative projects.

Hannaford Supermarkets has long been a supporter of hunger relief efforts—including Maine Credit Unions’ Campaign for Ending Hunger. This past June, Fight Hunger bag purchases at both the Fort Kent and Westbrook locations benefitted the Campaign. A total of $589 was raised for the Campaign!

Is your credit union leveraging the resources found on InfoSight? If you aren’t, you should! A snapshot of the topics available in this week’s InfoSight newsletter are below.

• NCUA: A Reflection on the Past and Future Marks Federal Credit Union Act 90th Anniversary
• CFPB Proposes Rules to Help Homeowners Avoid Foreclosure
• CFPB Takes Action Against Fifth Third for Wrongfully Triggering Auto Repossessions and Opening Fake Bank Accounts
• CFPB Exams Find Loan Servicing Failures, Illegal Debt Collection Practices, and Issues with Medical Payment Products