Acadia FCU is pleased to announce that Craig Weaver recently accepted the position of branch manager at their flagship location on Broadway in Bangor.

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The Atlantic FCU Foundation is proud to recognize Anya Bachor as the $10,000 Atlantic College Scholarship recipient. In addition to Anya’s scholarship, the Foundation provided four other high school graduates with a financial award.

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Voters took to the polls this week to determine which candidates will be on the ballot this November. Tuesday’s primary marks the start of the campaign season for the League. In the coming weeks, staff will begin reviewing the candidates and issuing them the League’s candidate survey. The League’s Governmental Affairs Committee will meet to review candidate responses, their voting records, and make endorsement recommendations to the League’s Board later this summer.

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The Financial Literacy Blog provides tips on what consumers can do if they have been impacted by a data breach. The information contained in this blog can serve as a great resource for your members.

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Topics in this week’s edition include:

• Content Update: U.S. Savings Bond Validation Tool
• Request for Information Regarding Relationship Banking and Customer Service
• FinCEN Advisory on Elder Financial Exploitation
• Bureau Publishes HMDA Beginner’s Guide
• Senator Presses Treasury Secretary on Collection, Sale of Financial Data

InfoSight is FREE to League CU employees as a benefit to membership and provides state and federal compliance and operations resources. Information on InfoSight, including overviews of state regulations, are reviewed annually by compliance professionals across the country, including the League’s own Compliance team. Request your login today.

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The Development Education (DE) program, the National Credit Union Foundation’s signature education platform, helps established and emerging leaders within the credit union movement understand and leverage our unique business model to serve members and communities in new and better ways. If you’re passionate about credit unions, consider attending a DE training this fall. Registration for the September session opens next week!

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You asked. We listened. Thanks to our partnership with the Portland Sea Dogs, credit unions can now purchase an Ending Hunger ticket package to watch the Sea Dogs play in August and September. A new Saturday, late-summer game option has been added.

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Opal E. Tomashevska, CUNA Mutual Group’s Director of Multicultural Business Strategy, discusses the importance of having a multicultural business strategy at your credit union.

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When it comes to uplifting our communities and assisting those in need, Maine credit unions always step up to help. In response to Full Plates Full Potential’s request for financial support to fulfill summer meal grant applications, several credit unions have pledged to partially or fully fund meal sites at locations across Maine. If your credit union is interested in assisting school districts and organizations offering meal programs this summer, there’s still time to provide assistance.

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Every year, NorState FCU awards six $1,000 scholarships to graduating high school seniors. After reading this year’s applications, six scholarships didn’t seem like enough. Due to the outstanding caliber of applications, the credit union has awarded eight students with scholarships.

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Federally insured credit unions experienced growth in assets, shares, and deposits, and loans outstanding over the year ending in the first quarter of 2022, according to the latest Quarterly U.S. Map Review released by the National Credit Union Administration.

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