Print
NCUA Board Approves COVID-19 Regulatory Relief Extension
The National Credit Union Administration Board unanimously approved an extension of the effective date of its temporary final rule, which modified certain regulatory requirements to help ensure that federally insured credit unions remain operational and can address economic conditions caused by the COVID–19 pandemic.
Protecting Your Finances With Insurance In the New Year
The Financial Literacy Blog explores the benefits of having insurance and why members should consider a number of insurance options to help protect their financial futures.
Maine Credit Union Marketing Council Schedules First Workshop of 2022
The Maine Credit Union Marketing Council will be hosting a virtual lunch and learn session on Wednesday, February 2, from 12:00–1:00 pm featuring Louis Gudema, B2B Fractional CMO and Marketing Strategist at revenue & associates. 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.
A Holiday Message From Todd Mason
Todd Mason, League President/CEO, shares a heartfelt holiday message to credit unions.
Congress Races To Finish Its Work, While Maine Lawmakers Get Ready For the Upcoming Session
With lawmakers in Washington looking to wrap up their work for the year and the state Legislature preparing for their return to Augusta in January, the League’s Governmental Affairs team provides a timely update.
CULAC Updates
The Credit Union Legislative Action Council Executive Committee (CULAC) recently confirmed new members on its Board of Trustees. Maine’s Tucker Cole, President & CEO of Maine State CU, has been re-appointed to serve as Maine’s CULAC trustee. In addition, the League is reminding credit unions about next week’s Casual Dress for CULAC fundraiser.
InfoSight eNewsletter
Topics in this week’s edition include:
- CFPB Updates EFT/Reg E FAQs
- FinCEN Seeks Input on Modernizing AML/CFT Regime
- Complete NCUA’s Volunteer Credit Union Diversity Self-Assessment
- CFPB Reports Finding Wide-Ranging Law Violations in 2021
- NCUA Awards $100,000 in Mentoring Grants
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.
Northeast CU Welcomes Steve Becker as the New VP of Financial Planning & Analysis
Northeast CU recently announced the appointment of Steve Becker as the Vice President of Financial Planning and Analysis. Becker brings a wealth of experience and is tasked with maintaining the credit union’s strong financial stability as it pursues dynamic growth strategies.
Credit Unions Now Have More Time To Enter To Win a Diamond Award
No one needs more pressure just before the holidays, so the CUNA Marketing and Business Development Council is providing credit unions a few additional days to wrap up their Diamond Award entries. The final deadline for the 2022 Diamond Awards has been extended to December 30, 2021.
Celebrate the Power of Collaboration at the Annual Ending Hunger Celebration Event
It is amazing what we can accomplish when we collaborate!
The League hopes credit unions will join us for a special virtual ceremony on February 9 at noon to recognize our collective efforts to combat hunger in our state. During our annual Campaign for Ending Hunger Celebration, the 2021 fundraising results will be shared and the top credit union fundraisers will be recognized. The event also will feature guest speaker Nirav D. Shah, MD, JD, Director of Maine’s Center for Disease Control and Prevention.
Complete the Voluntary Credit Union Diversity Self-Assessment by January 15
Federally insured credit unions are invited to complete the Voluntary Credit Union Diversity Self-Assessment before January 15, 2022. The self-assessment is a valuable tool for credit unions that want to commit to the principles of diversity, equity, inclusion, and belonging.