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Dirigo FCU Is Keeping Its Neighbors Warm
Winter in Maine can be challenging, but for some families, staying warm can be very difficult due to their financial situations. To help their community, the team at Dirigo FCU stepped up last month to lend a hand. The credit union paid the Trinity Jubilee Day Shelter’s heating bill in January. Dirigo FCU also coordinated a winter coat and blanket drive—donating nearly 50 items to the Salvation Army Church and raising $300 for the Campaign for Ending Hunger.
Acadia FCU Offering $6,000 in Scholarships to Graduating Seniors
Acadia FCU has announced it will award a $2,000 scholarship to three local high school seniors who are planning to attend college. The three $2,000 awards will help the selected high school graduates offset the cost of their college education.
Downeast CU Completes Anniversary Celebration with 80 "Wow" Acts in 2021
Throughout 2021, Downeast CU celebrated 80 years in business with a fun initiative that was designed to give back to its membership and the communities it serves. The “80 Ways We Wow Ya” campaign included special savings for members looking for reliable transportation, community giving, food pantry contributions, and acts of kindness for hometown heroes.
Oxford FCU Welcomes Joann Bisson as New Executive Vice President
At the start of the new year, Oxford FCU welcomed Joann Bisson to the role of Executive Vice President. The new position was created as part of a succession plan to prepare the organization for the upcoming retirement of Matt Kaubris, the credit union’s President/CEO.
Maine Credit Union Marketing Council Announces March Virtual Workshop
The Maine Credit Union Marketing Council will be hosting a virtual lunch and learn session on Wednesday, March 9, from 12:00–1:00 pm featuring Communications Consultant Lorraine Ranalli. The Marketing Council offers credit union professionals a unique opportunity to collaborate, share best practices, and learn new skills that can help them promote their credit union’s unique products and services.
Regulators Provide Guidance on Examinations, Marijuana Banking, and Annual Meetings During League Town Hall
This week, the League welcomed representatives from the NCUA and the Bureau of Financial Institutions for a Town Hall with credit unions. During the meeting, the regulators outlined their supervisory priorities for 2022.
Getting to Know Charlyn Delano, CUNA Mutual Group’s New Account Executive
Credit unions in Maine who don’t already know CUNA Mutual Group’s Charlyn Delano now have an opportunity to connect with her. She recently stepped into the role of Account Executive, taking over for CUNA Mutual Group’s Jeff Pierce, who retired at the end of 2021.
2022 National Credit Union Month Theme: ‘Save Small. Dream Big. at your credit union’
April is National Credit Union Youth Month, the time each year credit unions help teach and encourage kids to develop strong financial habits. This year’s theme is “Save Small. Dream Big. at your credit unionTM.”
InfoSight eNewsletter
Topics in this week’s edition include:
- Reminder: Call Report Data Due January 20, 2022
- Status of the OSHA COVID-19 Vaccination and Testing ETS
- Report on Status of the OSHA COVID-19 Vaccination and Testing ETS
- OFAC Targets Russian-Backed Actors Destabilizing Ukraine
- CFPB Offers Free Webinar on February 3, 2022
- FFIEC Best Practices for Exam Information Requests
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 Release New "Member Story" with Definitive Brewing Company
Maine Credit Unions are pleased to announce we have launched another “Member Story” featuring Michael Rankin, founder and CEO of Definitive Brewing Company in Portland. Michael began his relationship with a Maine credit union while in college and continued to utilize their products and services throughout school and into his professional career. In 2018, he launched his successful brewery with the help of a credit union loan.
You Can Help End Hunger One Baseball Game at a Time
What’s better than baseball? Baseball for a great cause! Maine Credit Unions and the Portland Sea Dogs are teaming up to deliver a unique experience that will allow your credit union to support the Campaign for Ending Hunger and enjoy 100 tickets to watch Maine’s favorite baseball team in action.
Talking to Your Partner About Money: Tips From the Financial Literacy Blog
According to a survey released last year, 40% of American adults who live with their significant other don’t know how much money their partner earns. Another poll found that 43% of adults with combined finances have financially cheated on their partner. Talking to your partner about money isn’t easy, but the Financial Literacy Blog offers some helpful tips that members can use to begin a productive discussion.