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Brewer FCU Helps Feed Its Neighbors In Need
Just in time for the holidays, Brewer FCU made a critical donation to support its friends at the Brewer Area Food Pantry. The credit union used its Ending Hunger funds to donate over $4,700 to the pantry.
Northeast CU Announces Neil Gordon as SVP, Chief Financial Officer
Northeast CU is excited to announce the appointment of Neil Gordon to Senior Vice President, Chief Financial Officer. After a nationwide search, Neil accepted this role in November.
Bangor FCU Employees Raise $1,100 for Adoptive and Foster Families of Maine's Christmas Gift Giving Program
Each November, Bangor FCU employees come together to raise money in support of Adoptive and Foster Families of Maine’s Christmas gift giving program. Collectively the credit union donated $1,100 and several bags of gifts for this special cause. With the donations the team provided, the credit union has ensured that 31 children will have the joy of opening presents this holiday season.
NorState FCU Heads Into 2023 Under New Leadership
NorState FCU and its Board of Directors are pleased to announce the appointment of Jeffrey Davenport as the credit union’s new President & Chief Executive Officer. He takes over the position after the retirement of Susan G. Whitehead, who held the position for over nine years.
Reducing Your Energy Costs
In 2023, Mainers who receive their electricity from one of the state’s two major distributors will see an increase in their monthly electric bills. In advance of these rate hikes, the Financial Literacy Blog offers tips to help people reduce their energy usage.
Legislators Returned to Augusta This Week
Legislators and their families assembled at the State House on Wednesday for the 131st Maine Legislature’s swearing-in ceremony to begin their two-year terms. The League was pleased to be in Augusta to welcome the new and returning lawmakers and looks forward to working with them on behalf of credit unions in the coming year.
BMV to Hold E-Titling Webinar
The Bureau of Motor Vehicles (BMV) is hosting a webinar on December 14 at 2:00 pm to discuss electronic titling and solicit feedback from parties who are interested in establishing an e-titling system in Maine. Any credit union who would like to join the meeting can participate by phone or Microsoft Teams.
InfoSight eNewsletter
Topics in this week’s InfoSight newsletter include:
- Changes to HMDA’s Closed-End Loan Reporting Threshold
- NCUA Re-establishes AMAC as Independent Office
- Nacha’s Payments Innovation Alliance Releases New Guide Explaining and Simplifying Voice Payments Processing Using the ACH Network
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.
Town & Country FCU Partners with Maine Cancer Foundation on 'Check ME' Initiative
For the second straight year, Town & Country FCU committed significant resources to raise awareness about the importance of regular cancer checks through its ‘CheckME’ initiative. The 2022 campaign resulted in a nearly $40,000 awareness effort to promote the Maine Cancer Foundation and cancer screenings.
Small Credit Union Committee News and GAC Scholarship Opportunity
A summary of the November meeting of the CUNA Small Credit Union Committee is provided, along with information about how small credit unions can apply for a full scholarship to attend the 2023 CUNA Governmental Affairs Conference (GAC).
Maine Highlands FCU Names New President
Maine Highlands FCU is pleased to announce the promotion of Maria Wooten from her current role as Executive Vice President to President beginning in January 2023. In her new position, Maria will direct the overall operations of the credit union.
Atlantic FCU Awards $2,500 College Scholarship
Atlantic FCU congratulates Grace Casey of Brunswick, the 2022 Atlantic/Amable & Vivian Caron $2,500 college scholarship recipient.