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PeoplesChoice CU Reflects on Successful Gift of Giving Campaign
While the holidays have come and gone, the team at PeoplesChoice CU continues to reflect on a successful “Gift of Giving” campaign that was launched in December to make the holidays brighter for those in need. As part of this initiative, every PeoplesChoice CU staff member received $50—money they could use to provide support to individuals and organizations in communities that the credit union serves.
Register Now for NCUA’s Capital Adequacy Framework Webinar
Credit unions can receive valuable information on changes to the NCUA’s Capital Adequacy Framework Webinar during an upcoming webinar hosted by the NCUA on Wednesday, February 23.
CUNA Opens Registration for "CUNA GAC On-Air"
CUNA opened registration last week for “CUNA GAC On-Air,” a limited-content, virtual option to attend the 2022 Governmental Affairs Conference (GAC). “CUNA GAC On-Air” will include CUNA President/CEO Jim Nussle’s speech, the ED (Filene) talk with Mick Ebeling, an economic update with CUNA Chief Economist Mike Schenk, and more.
Take a Chance to See the Bruins Play
Hockey season is here! People across Maine are cheering on our beloved Boston Bruins and two lucky individuals will get a chance to root them on in-person. The League is coordinating a raffle for Bruins tickets with proceeds benefiting Take a Chance to End Hunger.
Kyle O’Rourke Promoted to Commercial Loan Officer at New Dimensions FCU
New Dimensions FCU is pleased to announce that Kyle O’Rourke is the credit union’s new Commercial Loan Officer. O’Rourke has years of lending experience, having previously worked as a Commercial Loan Underwriter and Mortgage Loan Officer.
Mark Samson Joins League Board of Directors
The League is pleased to announce that Mark Samson, President/CEO of Dirigo FCU, has joined its Board of Directors. Samson represents the Norm Nolette Chapter of Credit Unions.
Global Women's Leadership Network to Host Virtual Meeting
The Global Women’s Leadership Network will join the founding partners of Gentreo, the innovators that brought estate planning documents and tools into the digital age, to discuss the challenges of launching and running a woman-owned business on February 15 at 12:00 pm. During this one-hour complimentary webinar, participants will hear why the founding partners started the company and will receive information that can help protect your family from the impact of a major illness or a tragic accident.
CU News & Events - January Edition
Our credit unions warmed hearts in their communities during January’s chilly weather. From delivering donations to raising awareness of both scams and community events with their members, credit union staff put those they serve first. The League provides a snapshot of what some of our credit unions were up to last month.
The League Increases Its Advocacy Awareness for Marijuana-Related Businesses
A handful of Maine credit unions currently offer marijuana-related business (MRB) accounts to their members. Recently, those credit unions have reported changes in the way regulators are expecting MRB accounts to be handled. Those changes are likely to cause some disturbances within the MRB community. The League recently took the proactive step of sending a letter to legislative leaders, the Mills’ administration, and Maine’s congressional delegation to explain the situation.
InfoSight eNewsletter
Topics in this week’s edition include:
- New Topic Added to “Tax Issues” on InfoSight Channel
- Credit Unions Encouraged to Implement Measures to Protect Against Possible Threats
- Register Now for NCUA’s Call Report Changes Webinar
- CFPB Initiative to Save Americans Billions in Junk Fees
- NCUA Proposes Rule on Succession Planning
- CFPB Posts Lists of Rural and Underserved Counties
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.
Business Lending Solutions Bolsters Management Group with New Senior Credit and Operations Officer
Business Lending Solutions, LLC, (BLS) announces the addition of Josh Sanders as the new Senior Credit and Operations Officer. A highly respected lending professional with over 20 years in the industry, Sanders brings extensive underwriting and portfolio management experience to the BLS team.
Preventing Identity Theft
In honor of Identity Theft Awareness Week, the Financial Literacy Blog offers some helpful tips that credit unions can share with their members to help them better protect their identity. With more scammers trying to steal people’s information, members need to take proactive measures to safeguard themselves from this type of fraud.