Maine Credit Union League Weekly Update

Just two weeks remain to get in on the golf fun in support of our signature social responsibility initiative—Maine Credit Unions’ Campaign for Ending Hunger! Many credit unions and vendor partners have already signed up to participate, from entering a foursome to sponsoring this annual event, and we are incredibly grateful for all of the generosity thus far. If your credit union would still like the opportunity to get involved in this exciting day at Purpoodock Club, there is still time to sign up.

Credit unions get creative when it comes to fundraising for causes they care deeply about. At PeoplesChoice CU, they’ve connected with a local artist to offer Maine-made keepsakes with 100% of the profits benefitting Maine Credit Unions’ Campaign for Ending Hunger!

Credit unions find ways to support Maine Credit Unions’ Campaign for Ending Hunger in a variety of ways all year long. While many fundraisers take ample planning and coordination, some are easy to facilitate rather simply on an ongoing basis. It’s never too late to begin participating in the Campaign’s CLYNK to Give program—a straightforward way to collect dollars for hungry Mainers every day.

Lisbon Community FCU is proud to announce the promotion of two dedicated team members. These internal advancements reflect the credit union’s commitment to recognizing talent, fostering career development, and enhancing service to their valued members.

The Legislature is now approximately halfway through the expected bills for this legislative session. The Governmental Affairs team is currently tracking 16 Priority One bills, 21 Priority Two bills, and 35 Priority Three bills. So far, testimony has been provided on 19 items, including last week’s confirmation hearing for Five County CU’s Mike Foley, who was nominated to serve on the Board of Directors for the Finance Authority of Maine (FAME). 

CUSO Home Lending is pleased to partner with M&M Consulting to offer an in-depth session on business lending portfolio management practices. They are hosting this half-day session for credit unions on April 8 at the Hilton Garden Inn in Freeport from 8:30 am to 12:30 pm.

Capital Area FCU’s annual Bowl-a-Thon was a striking success, raising $2,545 to support Special Olympics Maine! This year, the credit union expanded the event to include the entire community—and the response was incredible. They filled the bowling alley with energy, enthusiasm, and generosity, all in support of an amazing cause.

HRCU has announced it has been recognized for the fifth year by MemberXP, a leading customer experience program offered through Credit Union Solutions Group (CUSG), as a recipient of its 2025 ‘Best of the Best’ award in the new member and loan experience categories. HRCU also received the 2025 AARP BankSafe Trained Seal for the fifth consecutive year.

The Aroostook Chapter of CUs is proud to announce that Emma Bragg of Fort Fairfield High School is the recipient of a $1,000 scholarship. The scholarship was offered to a local high school student who attended the Chapter’s Financial Fitness Fair in November—a joint initiative organized by four participating credit unions including Acadia FCU, NorState FCU, The County FCU, and UCU.

TruStage™ has issued its latest edition of their monthly CU Trends Report. The report is published and distributed by Steven Rick, TruStage Director and Chief Economist, and provides a “pulse check” on the state of the credit union marketplace. Data analyzed from December 2024 predicts loan balances are expected to grow.

Content in this week’s newsletter includes:

• Old Domain: @leagueinfosight.com; New Domain: @infosight360.com
• NCUA Annual Report
• OFAC Alert! International Cartels Designated as Foreign Terrorist Organizations and Specially Designated Global Terrorists
• Inclusiv Statement on Executive Order Threatening the Elimination of the CDFI Fund
• CU PolicyPro/RecoveryPro system will be unavailable from March 26 to March 30 to prepare for InfoSight360 launch