Showing 1669-1680 of 5370 results

TruHero Card Program Benefits Local Organizations


TruChoice FCU’s TruHero credit card program continues to benefit southern Maine’s medical community. Since 2009, the credit union has donated $24,293 to the McAuley Residence and $62,657 to Children’s Miracle Network. TruChoice FCU’s 2021 donation of $11,166 to the Children’s Miracle Network was its largest annual donation to date.

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InfoSight eNewsletter


Topics in this week’s edition include:

  • Update on COVID Vaccinations and Testing ETS
  • CFPB Alert on Discrimination Involving Religion
  • NCUA Supervisory Priorities
  • CFPB Bulletin on Unlawful Medical Debt Collection and Reporting
  • FDIC and FinCEN Announce Digital ID Proofing Tech Sprint

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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Join the League For a Regulator Update


It can be challenging for credit unions to keep on top of constantly evolving regulatory compliance requirements. To help, the League is hosting a Town Hall on January 24 at 1:00 pm featuring Joanne Black, Supervisory Examiner with NCUA and Lloyd LaFountain, Superintendent at the Maine Bureau of Financial Institutions. During this virtual discussion, Black and LaFountain will provide an overview of federal and state regulatory priorities.

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NorState FCU Donation to Benefit Local Food Pantries


Every year, NorState FCU donates the fees it collects from its coin sorter machines in Presque Isle, Fort Kent, and Madawaska to a charity. To help local food pantries with their ongoing response to the pandemic, NorState FCU is donating its 2021 fees to assist with their efforts. A total of $5,569.97 will be distributed to hunger relief organizations in Aroostook County.

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NCUA Outlines 2022 Supervisory Priorities


In a letter to federally insured credit unions, the National Credit Union Administration outlined the agency’s examination program for 2022. Given the ongoing uncertainty associated with the COVID-19 pandemic, the NCUA will continue to conduct examination and supervision activities primarily offsite.

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League Plays Role in Collaborative Effort to End Hunger in Maine by 2030


In 2019, Governor Mills and the Legislature took a bold step to address hunger in Maine. They enacted important legislation to bring state agencies, nonprofit and business leaders, educators, and other interested parties together to develop a strategic plan to end hunger in the state by 2030. On Tuesday, League President/CEO Todd Mason and other members of the 2030 Advisory Group virtually testified before the Legislature’s Agriculture, Conservation and Forestry Committee about their recommendations.

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Supreme Court Halts COVID-19 Vaccine Rule for U.S. Businesses


The Supreme Court has stopped the Biden administration from enforcing a requirement that employees at large businesses be vaccinated against COVID-19 or undergo weekly testing and wear a mask on the job. At the same time, the court is allowing the administration to proceed with a vaccine mandate for most health care workers in the U.S.

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