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InfoSight eNewsletter


Topics in this week’s edition include:

  • CECL Resources
  • CFPB Supervisory Examinations Find Credit Reporting Failures, Junk Fees, and Mishandling of COVID-19 Protections
  • Share Insurance Fund Reports Strong Performance in the Third Quarter
  • Using CFPB-Complaint Data to Help Cities and Counties Protect the Public

InfoSight is FREE to League CU employees as a benefit to membership and provides state and federal compliance and operations resources. Click here to request a login.

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CU News and Events - November Edition


The season of giving is upon us, and credit unions found numerous ways to give back to their communities last month. From efforts to support Special Olympics Maine and the Campaign for Ending Hunger to gift drives and Thanksgiving fun, People Helping People remained at the focus of what Maine credit unions do. The League provides a snapshot of what some of our credit unions were up to in November.

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Keeping an Eye Out for Shared Branching Fraud


Earlier this week, a fraudulent Shared Branching transaction impacted a local credit union. What transpired in Maine is also happening outside our borders. Because we want to prevent fraud from impacting you and your members, we are sharing information about this latest scheme and encourage you to alert your staff about this activity.

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