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InfoSight eNewsletter


Topics in this week’s edition include:

  • New and Updated Content in the Investment Channel
  • FinCEN: Beneficial Ownership Reporting and Next Steps
  • Consumers Getting Runaround From Nationwide Consumer Reporting Agencies
  • FinCEN Program Aids in Recovery of Over $1.1 B in Losses
  • CFPB Shares Info on Homeowners Assistance Fund

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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League Unveils Maine Programming Ahead of GAC


The League is pleased to announce we will be bringing back our popular “Mornings In Maine” program, featuring Maine’s congressional delegation and special guest speakers, for CUNA’s upcoming Governmental Affairs Conference (GAC). But, you don’t have to travel to Washington, DC to attend Mornings In Maine. Our unique programming will be offered virtually to allow more credit union advocates the opportunity to participate.

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COVID Annual Meeting Flexibility For 2022


Joanne Black, Supervisory Examiner with the NCUA and Lloyd LaFountain, Superintendent at the Maine Bureau of Financial Institutions, joined the League at a January Town Hall to provide a regulatory update. During the discussion, the topic of ongoing annual meeting flexibility was raised as a concern. To provide further clarity on the matter, Black recently provided the League with a copy of the NCUA’s 2022 Meeting Flexibility Letter and an FAQ relating to the COVID-19 pandemic.

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Purchase a Bloomin' 4 Good Bouquet and Help Us End Hunger


Maine Credit Unions’ Campaign for Ending Hunger has been selected to be a part of the Hannaford Bloomin’ 4 Good program. The Campaign will receive a $1 donation for every $12 Bloomin’ 4 Good bouquet sold at Hannaford Supermarket’s Brewer location during the month of March. If your credit union has a branch near the Brewer store, you can encourage your staff, volunteers, and members to take part in this unique fundraiser.

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Student Loan Forgiveness Scams


Scammers are looking to prey on federal student loan borrowers who are seeking loan forgiveness. The Financial Literacy Blog explores these scams and shares some helpful tips to help your credit union protect your members from student loan fraud.

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