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How To Maximize Your Hazard Payment
This week’s Financial Literacy Blog examines the one-time disaster relief payments that the state of Maine is preparing to send to taxpayers. The post shares some helpful advice that you can provide to your members to help them maximize their return on these payments.
Holiday Meals for Mainers
The holiday season is fast approaching. While this time of year is typically considered to be a festive one, for individuals and families who are food insecure, it can be stressful. Throughout the months of November and December, the Campaign for Ending Hunger is encouraging people to donate $5 (or more) to help feed a hungry Mainer as part of its Holiday Meals for Mainers initiative.
InfoSight eNewsletter
Topics in this week’s edition include:
- HMDA Reminder – Use 2020 Census Data Beginning January 1, 2022
- Tech Companies Ordered to Provide Info to CFPB
- NCUA Board Approves Final Rules on CUSO and CAMELS Rating System; Briefed on Cybersecurity
- MLA Database Users Must Keep Accounts Active
- NCUA Issues Guidance, Announces Upcoming ECIP Action
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.
OTIS FCU Celebrated International Credit Union Day 2021 with Random Acts of Kindness
Nine OTIS FCU employees celebrated International Credit Union Day by performing Random Acts of Kindness (RAK) throughout the week in communities within the credit union’s field of membership. Employees surprised individuals and organizations with groceries, gas, meals, baked goods, fuel assistance, donations, and more!
New CFPB Leadership Can Recalibrate Approach to Credit Unions
In a letter sent to House Financial Services Committee leadership to Tuesday, CUNA wrote that the Consumer Financial Protection Bureau (CFPB) missed many opportunities in its first decade of existence to leverage the credit union mission for consumers.
Bangor FCU Opening New Ellsworth Branch
Bangor FCU is excited to announce the opening of its new Ellsworth branch. In honor of this special milestone, they will be conducting celebratory festivities at the branch, November 1 – November 5.
NorState FCU Names New Executive Vice President/Chief Operating Officer
NorState FCU is pleased to announce that Jeffrey Davenport is the credit union’s new Executive Vice President & Chief Operating Officer. Davenport has spent most of his 35-year career working in the financial services industry. Most recently, he served as a Financial Consultant for CUNA Mutual Group, working with credit unions of all sizes in the eastern region of the county.
Time Is Almost Up to Buy Your Take a Chance Raffle Tickets
October is coming to a close and that means time is almost up for purchasing a raffle ticket for a chance to see the New England Patriots play the Buffalo Bills on December 26. Winning two game tickets could help deliver a merry Christmas to you or someone you know, but supporting the Campaign for Ending Hunger is the best reason to press your luck!
Nominate Your Peers for a CUNA Recognition Award
Are you a current member of the CUNA Marketing & Business Development Council? Members have a unique opportunity to nominate their peers for a CUNA Recognition Award. With eight special categories to consider, you can help acknowledge someone at your credit union who deserves the spotlight.
InfoSight eNewsletter
Topics in this week’s edition include:
- Business Email Compromise Through Exploitation of Cloud-Based Email Services
- Ransomware Information: Virtual Currency
- OFAC Guidance for Virtual Currency Industry
- What’s Happening with LIBOR
- Registration Open for the NCUA Automated Cybersecurity Evaluation Toolbox Webinar
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 Union Launches Cancer Screening Awareness Campaign
Throughout Breast Cancer Awareness Month, Town & Country FCU is running ads online and on local television channels to remind Mainers to get screened for all cancers. Their efforts to raise awareness about this important topic are featured in an October 18 Mainebiz article.
Lewiston Municipal FCU Is Now Milestones FCU
Lewiston Municipal FCU is pleased to announce it has changed its name to Milestones FCU. The change went into effect on October 18.