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The End Is Within Sight For the 130th Maine Legislature
Earlier this week, the Legislature met to enact a series of spending bills, signaling the end of substantive work for the Second Regular Session of the 130th Maine Legislature. The Legislature plans to reconvene for a final time on May 9 to take up any vetoes issued by Governor Mills. It is anticipated that following the consideration of the Governor’s vetoes, the Legislature will adjourn for the final time.
Leagues, CUNA Call on CFPB for 'Open and Transparent' Rulemaking
The Credit Union Times reports on the letter sent to House and Senate Committees from CUNA and credit union leagues from across the country, including Maine, arguing that the CFPB is not fulfilling its mission “to make consumer financial markets work for consumers.”
NorState FCU Announces Music In the Park Summer Series Lineup
NorState FCU is proud to announce it is again sponsoring the popular Music in the Park concert series at Bicentennial Park in Madawaska. The series kicks off on June 9 and runs every Thursday from 6:00 – 8:00 pm until September 8.
InfoSight eNewsletter
Topics in this week’s edition include:
- CFPB Report on Medical Billing Complaints
- U.S. Targets Facilitators of Russian Sanctions Evasion
- New HUD Guidance on Subsidized Multifamily Housing
- Comments Due on PCA Relief Extension, Digital Currencies
- CFPB Invokes Authority to Examine Non-Bank Financial Companies
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.
Rich Brooks To Lead June Credit Union Marketing Council Virtual Session
The Maine Credit Union Marketing Council will be hosting a virtual lunch and learn session on Tuesday, June 7, from 12:00 – 1:00 pm featuring Rich Brooks, Founder and President of flyte new media, a digital agency in Portland. The session will cover what credit unions need to know about social media in 2022.
You're Invited to Attend a Compliance Discussion with League InfoSight
The League is pleased to invite you to a compliance discussion with Glory LeDu, CEO of League Infosight, on May 12 from 10:00 am – 3:00 pm. Credit unions can join the discussion in person at the Credit Union Service Center in Westbrook or attend virtually. Participants will be briefed on timely compliance topics. LeDu also will provide a brief overview of the various compliance tools that are available to credit unions as a benefit of their League membership.
League Reinforces Its Commitment to End Hunger by 2030 Through New AmeriCorps Opportunity
Maine credit unions and the Maine Credit Union League have long been united in our work to end one of the most pervasive problems in our state: hunger. While our credit union network has done an exceptional job raising money to support local and statewide hunger relief organizations, money—while important—won’t end hunger in our state. To help the League expand our efforts, we have been accepted to participate in the AmeriCorps VISTA program and will be hosting a volunteer to assist us with the Campaign.
Northeast CU Welcomes Bob Drouin as Its New Vice President Controller
Northeast CU is pleased to announce Bob Drouin as its new Vice President Controller. In this role, Drouin will be responsible for leading the credit union’s accounting team. He will have oversight of all accounting operations including the production of periodic financial reports and the implementation of best-in-class financial reporting processes.
Cheer On Maine’s Home Team. Purchase Your Portland Sea Dogs Ending Hunger Ticket Package Today!
InfoSight eNewsletter
Topics in this week’s edition include:
- CFPB FDCPA Report to Congress
- FHFA Finalizes Strategic Plan
- Proposal Would Update Uniform Practice, Procedure Rules
- NCUA’s New Guide Simplifies and Clarifies Federal Credit Union Charter Application Process
- FHA Adds 40-Year Mortgage Modification Option
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.
Celebrating Youth Financial Literacy
CUNA News highlights both the League and Community CU’s financial literacy offerings in this article about National Credit Union Youth Month.
League Launches New Training Program
The League is pleased to announce a new training program to help credit unions facing workforce challenges. Episys Basics for New Tellers is designed to introduce new hires to the Symitar® Episys® core processing platform and provide interactive instruction and practice in basic teller transactions.