CUSO Home Lending is pleased to announce it has opened registration for its upcoming annual event. Now is a great time to reserve your spot to attend the 2025 Residential Lending Mortgage Expo. The event will take place on March 20 from 8:00 am – 4:30 pm at the Woodlands Club in Falmouth.

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The League invites you to join us for our first Town Hall of 2025, featuring Mark Treichel with Credit Union Exam Solutions. Our online event will take place on February 24 at 1:00 pm and focus on compliance.

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Cumberland County FCU is pleased to announce the following team addition and employee promotions: Bethany Smith has been hired as the Vice President of Accounting; Amy Sithavady has been promoted to Vice President of HR & Compliance; Kimberly Parker has been promoted to Vice President of Service Center Operations; Abby Strout has been promoted to Cards Manager; and Margie Heald has been promoted to Branch Service Manager in Yarmouth.

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The 2025 Atlantic FCU Foundation College Scholarship Program is now accepting applications. Members graduating high school this spring and planning to continue their education are eligible to apply for the scholarship. Atlantic FCU will award $20,000 worth of financial assistance.

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There have been many changes to the Consumer Financial Protection Bureau (CFPB) over the past week. The League’s Governmental Affairs team provides an update on what is going on and how that impacts credit unions in regard to the CFPB as well as the Credit Union Board Modernization Act.

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This week in Augusta, the League presented testimony on three bills and had a work session on two others. The League’s Governmental Affairs team addressed issues of importance for credit unions related to: LD 184, LD 353, LD 314, LD 201, and LD 142. The Legislature will be out of session next week and will return on February 24. Work sessions for the public hearings will be expected at that time.

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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.

• Get Ready for InfoSight360, Coming 1st Quarter 2025!
• CFPB Update
• Rodney E. Hood Announced as Acting Comptroller of the Currency
• FinCEN Announces $37,000,000 Civil Money Penalty Against Brink’s Global Services USA, Inc. for Violations of the Bank Secrecy Act
• WOCCU’s Work Continues Despite Impacts of U.S. Foreign Aid Freeze | World Council of Credit Unions

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.

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League President Elise Baldacci shares a Valentine’s Day message with credit unions, expressing her heartfelt appreciation for their work to end hunger in Maine. She also encourages credit unions to take time to recognize the exceptional people in our movement by nominating them for a League award.

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Maine’s credit unions believe in the power of service and community. Every day, our employees make a difference—not only for our members but also in the neighborhoods where we live and work. To honor those who embody our core values of compassion, dedication, and selflessness, the League will present the Diane L. Oceretko People Helping People Award to a deserving credit union team members in May.

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Five County CU is thrilled to announce six recent promotions. This development continues a strong culture of opportunity that supports the growth of internal talent into positions of importance at the credit union.

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There was great cause for celebration at Monday’s Ending Hunger Results Luncheon. In addition to announcing the incredible 2024 fundraising results for Maine Credit Unions’ Campaign for Ending Hunger, several credit unions were recognized with awards for their individual contributions and volunteerism.

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The credit union industry’s largest advocacy event—the 2025 Governmental Affairs Conference (GAC)—is just a few weeks away, and once again, a group of emerging leaders has been selected to “crash” the meeting. Emma Pierce, Communications Specialist at Evergreen CU, has been chosen to represent Maine as part of the Cooperative Trust’s Crash the GAC program.

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