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Lisbon Community FCU Donates $1,500 to Bowdoin Community Cares Association
Lisbon Community FCU proudly donated $1,500 to Bowdoin Community Cares Association to support the purchase of an electric vehicle (EV) fire suppression blanket for the Bowdoin Fire Department. This essential safety equipment will help first responders manage electric vehicle fires more effectively, enhancing safety for both emergency personnel and the community.
League Awards Spotlight: Jeannette G. Morin Outstanding CU Employee Award
Credit union employees are at the very heart of the credit union movement. Embodying the “People Helping Spirit” in all they do, credit union employees demonstrate excellence, leadership, commitment, and a love for community that uplifts those around them—helping create a better tomorrow for all. This year, you once again have the chance to nominate a colleague you and your credit union treasure for the Jeannette G. Morin Outstanding Credit Union Employee Award.
New Opportunity to Recognize Creative Campaign FUNdraising
At the culmination of this year’s Ending Hunger Luncheon, the League’s Social Responsibility Committee agreed to implement a fun, new opportunity to acknowledge the creativity that goes into fundraising efforts for the Campaign all year long. A brand-new award will be presented at the 2026 Luncheon to the credit union who facilitates the most creative Campaign fundraiser in 2025—will that be you?
Credit Union Advocacy on Full Display This Week in Washington, DC
Over 100 representatives from Maine and thousands of credit union employees and volunteers from across the country came together this week in Washington, DC, for America’s Credit Unions’ Annual Governmental Affairs Conference (GAC). The popular event showcases the importance of advocacy and ensuring that the credit union voice is both heard and represented in Congress.
Maine Legislature Votes In Favor of Consumer Protection
This week, the Legislature held work sessions on both LD 353 and LD 314. LD 353 was tabled by the committee. When reviewing LD 314, the committee unanimously voted that the bill Ought Not to Pass.
Beneficial Ownership Information Reporting Goes Into Effect March 21, 2025
Last week, the U.S. District Court for the Eastern District of Texas lifted the nationwide injunction on the Beneficial Ownership Information reporting requirement. Small businesses have until March 21, 2025 to comply with the FinCEN reporting requirements. While credit unions do not need to do anything at this time, those with business members may wish to provide information on this requirement to help them avoid costly fines.
Remembering Downeast CU's Donna Cochran
It is with great sadness that Downeast CU shares the loss of their dear friend and colleague, Donna Cochran. She was a devoted wife, mother, grandmother, daughter, aunt, friend, and colleague. Donna leaves a legacy of caring, compassion, and unwavering dedication. Her loss marks the end of an era at Downeast, and the team there will continue to remember her well.
InfoSight eNewsletter
Is your credit union leveraging the resources found on League InfoSight? If you aren’t, you should! A snapshot of the topics available in this week’s InfoSight newsletter are below. To access the newsletter, click the Read More link.
- Launch of OFAC’s File Finder Application | Office of Foreign Assets Control
- NIST Cybersecurity Framework Upcoming Event – CSF 2.0 Webinar Series: Implementing CSF 2.0—The Why, What, and How
- FinCEN Reminds Financial Institutions to Remain Vigilant Regarding Potential Relationship Investment Scams
InfoSight is FREE to League credit union employees as a benefit to membership and provides state and federal compliance and operations resources. Please contact the League if you need assistance accessing InfoSight.
Maine Highlands FCU Renews Partnership with Synergent
Synergent is delighted to announce Maine Highlands FCU has signed a ten-year renewal agreement with Synergent for hosted Jack Henry™ Symitar® core processing.
Successful Kickoff Fundraiser Raises Over $1,000 for Maine Credit Unions’ Campaign for Ending Hunger
The Signature Soup Food Booth at the Turner Ridge Riders Snowmobile Club’s 24th Annual Vintage One Lunger Race successfully launched Community CU’s 2025 Signature Soup Challenge with over $1,000 raised! This exciting kick-off marks the beginning of a monthlong initiative benefiting Maine Credit Unions’ Campaign for Ending Hunger.
Elise Baldacci Goes "On the Record" with Mainebiz
League President Elise Baldacci goes “On the Record” with Mainebiz in an article published in the February 24 edition of the magazine.
Join Atlantic FCU Next Month for a Virtual Home Buyer Seminar
Atlantic FCU will present a virtual Home Buyer Seminar on March 19 from 5:30 pm – 6:30 pm. Experienced financial professionals will offer insights and provide valuable tips about purchasing a home. Attendees will learn what to expect during the loan process, the definitions of real estate jargon, and how to prepare for an application.