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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.
Enter Today For a Chance to Win a League Social Responsibility Award
People Helping People is at the center of everything we do collectively in the credit union movement. To help us honor the many ways in which your credit union is improving the financial lives of your members through community service and financial education, the League encourages you to apply for a Dora Maxwell, Louise Herring, or Desjardins Award.
NorState FCU Accepting Scholarship Applications
NorState FCU is pleased to announce it is now accepting applications for its 2022 scholarship program. The credit union will be selecting six high school seniors to each receive a $1,000 scholarship. Awards will be provided to the chosen students in June.
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.
ProsperityME Welcomes University CU’s Lesley Ridge to Marketing & Development Committee
ProsperityME has appointed University CU Community Engagement Manager and certified financial counselor Lesley Ridge to the organization’s volunteer Marketing & Development Committee. ProsperityME is a non-profit service organization dedicated to helping Maine’s immigrants and refugees build successful, rewarding lives in their new homeland.
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.
New Member Moment Raises Awareness About Social Media Scams
Sharing too much personal information online can increase your chances of becoming a victim of identity theft. That’s why Maine Credit Unions’ recently created a new Member Moment video to raise awareness about common social media scams. Credit unions are encouraged to share Member Moment videos on their social media feeds.
Synergent Employee Spotlight: Diana Thurston, AVP of Enterprise Risk Management
Get to know Diana Thurston, Synergent’s Assistant Vice President of Enterprise Risk Management. She joined Synergent in October 2021 with more than 25 years of experience working for financial institutions. Find out how her expertise helps Synergent manage and monitor risks that can impact credit unions.
Four Formidable Forces Shaping the Credit Union Digital Landscape
Financial services continue to see rapid-fire developments that are creating an increasingly competitive environment. While there is seemingly no shortage of areas requiring the critical focus of credit union leadership, CUNA Mutual Group Senior Director Kevin Polinsky outlines four common denominators that are exerting transformational influence on the credit union digital landscape.
Together, We Can Do Amazing Things - A Message From Tim Brooks
Tim Brooks, League Vice President of Corporate Marketing and Communications, shares his thoughts about the collaborative work of Maine Credit Unions’ Campaign for Ending Hunger. This important effort radically improves the lives of people throughout the state of Maine.
InfoSight eNewsletter
Topics in this week’s edition include:
- New Content in Security Channel
- NCUA Issues Regulatory Alerts – HMDA Requirements
- CFPB Posts Reference Chart for 2022 Reportable Data
- PPP Partial Forgiveness Decision Reviews Allowed
- DHS Launches Cyber Safety Review Board
- FinCEN Extends Comment Period on Real Estate ANPR
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.
Maine Credit Unions Raise Over $930,000 in 2021 to End Hunger
Credit union representatives from across Maine virtually came together on Wednesday to recognize the significant contributions Maine credit unions made over the last year to combat hunger. The 2021 Maine Credit Unions’ Campaign for Ending Hunger fundraising total of $930,367.80 was announced during the online event. The Campaign also provided 242 organizations with financial support to feed people in need.