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InfoSight eNewsletter
Topics in this week’s edition include:
- CFPB Charges TransUnion and Executive with Violating 2017 Order
- CFPB Proposing Reg V Human Trafficking Amendment
- NCUA Releases Community Development Revolving Loan Fund Report to Congress
- FinCEN and Digital Identity
- Establishment of the Bureau of Cyberspace and Digital Policy
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.
Milo Police Department to Benefit From Maine Highlands FCU Donation
Maine Highlands FCU is always looking to provide meaningful ways to give back to the communities it serves. On Monday, the credit union made a donation to the Milo Police Department that will enable them to purchase two body cameras.
Evergreen CU Receives Top SBA Lending Award
Evergreen CU received the Small Business Administration (SBA) District Director Award in recognition of the credit union’s efforts to increase the use of SBA programs and access to programs like the Paycheck Protection Program.
Maine State CU Expands Its Senior Leadership Team
Maine State CU is pleased to announce the promotions of Brie-Anne Mellor and Shane Abbott. Mellor is now the Senior Vice President, Chief Lending Officer and Abbott is the Senior Vice President, Chief Retail Officer.
Todd Mason Addresses Financial Literacy and Ending Hunger
League President/CEO Todd Mason wrote a letter to the editor that was published in Monday’s Press Herald explaining why “it’s never too early” to educate children about money management. Additionally, Mason was featured as a panelist on Tuesday’s edition of Maine Calling discussing Maine’s plan to end hunger by 2030.
Six Community CU Employees Earn CUNA Designation
The League would like to recognize six employees from Community CU who recently earned their CUNA Financial Counseling Certification Program designation.
Aroostook County High Schools to Benefit from Virtual Financial Education
Spring is always a busy time for the Aroostook Chapter of Credit Unions. The Chapter devotes a significant amount of time and resources planning their Financial Fitness Fair for students attending high school in Aroostook County. During the months of April and May, the Chapter will be hosting virtual Financial Fitness Fairs. Their goal is to coordinate a fair with every high school in The County.
Avoiding Bereavement Scams
No one wants to worry about being scammed while mourning the loss of a loved one. The Financial Literacy Blog explores various bereavement scams and provides tips members should keep in mind to protect themselves from this type of fraud.
InfoSight eNewsletter
Topics in this week’s edition include:
- Guide to HMDA Reporting: Getting It Right
- Treasury Targets Sanctions, Evaders, and Russian Tech Companies
- FinCEN Fines Fragrance Dealer $275,000 for GTO Violations
- FBI and International Partners Stop Wire Transfer Schemes
- NCUA to Begin Phase 2 of Resuming Onsite Operations
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.
Northeast CU Hosts Fifth Annual Nice Catch - Celebrating Kind Kids Initiative
Northeast CU believes at the heart of every community are good people doing great things. That’s why the credit union has partnered with the Portland Sea Dogs and the New Hampshire Fisher Cats to host their fifth annual Nice Catch – Celebrating Kind Kids initiative.
League Annual Convention to Demonstrate How We Are Stronger Together
We could all benefit from a big dose of positivity, some encouragement, and an energized plan of action for moving forward. Look no further than the League’s 84th Annual Convention, where we will demonstrate the power of our collaboration and how credit unions are stronger when we work together. Register today to join us at the Holiday Inn By the Bay on May 13 and 14.
CUSO Home Lending Announces New VP Residential Mortgage Sales Manager
CUSO Home Lending is pleased to announce that Nicole Savage has joined their team as its Vice President Residential Mortgage Sales Manager. In this role, Savage will drive CUSO’s marketing strategy and set sales objectives for their residential mortgage program in Maine and New Hampshire.