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.

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Lewiston Municipal FCU is pleased to announce it has changed its name to Milestones FCU. The change went into effect on October 18.

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Governor Janet Mills announced the Maine Jobs & Recovery Plan’s first investments in Maine people, small businesses, and workforce, including $20 million for a new small business grant program, $39 million to help lower monthly health insurance premiums, and $80 million to replenish the Maine Unemployment Trust Fund, and mitigate tax hikes for small businesses.

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Maine Solutions FCU’s Ending Hunger fundraising efforts just received a significant boost! The credit union will be receiving a $12,500 contribution—money that will be directed to Maine Credit Unions’ Campaign for Ending Hunger.

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The Financial Literacy Blog explores some considerations business owners should take when considering an expansion. This important topic is broken down with a helpful pros and cons list that credit unions can easily share with their members to help them navigate the process.

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Life insurance can help reduce anxiety and improve your members’ financial wellbeing. In this article submitted by CUNA Mutual Group, find out how to help your members get the protection they need in these uncertain times.

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The new year is just around the corner and the CUNA Marketing & Business Development Council is already accepting entries for their 2022 Diamond Awards. Are you thinking about entering this prestigious marketing competition? With early-bird pricing discounts underway, now is the perfect time to get your credit union’s outstanding marketing efforts in for consideration. Be sure to act soon. This special pricing offer ends on November 19.

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The Maine Credit Union League and Synergent are pleased to announce they recently were named as one of the 2021 Best Places to Work in Maine.  The 2021 list recognizes 100 employers in three size categories—including 15 credit unions—demonstrating the positive impact Maine’s credit union have on the state’s workforce.

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In an effort to protect credit unions from deceitful cyber activity, the League is sharing a memo released by the NCUA on October 19 that outlines Business Email Compromise (BEC) scams and steps credit unions can take to prevent this type of fraud.

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Earlier this week, Speaker of the House Nancy Pelosi (D-CA) announced her public support for the Biden Administration’s proposal to require financial institutions to report the income and outflow of accounts that are $600 in value or greater. This proposal is being considered as a component of the Build Back Better plan being pursued by President Biden and congressional Democrats.

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Topics in this week’s edition include:

• CFPB Making Changes to Credit Card Data Submission Process
• Register Now for Webinar on Bias in Home Appraisals and the Racial Homeownership Gap on October 27
• FCC Sets Interim Fees for Reassigned Numbers Database
• NCUA’s 2021 DEI Summit

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Credit unions in Maine can utilize two important training programs to help keep their older members safe from financial exploitation: Senior$afe and AARP’s BankSafe. In a recent newsletter to financial institutions, AARP provided an update on BankSafe and how credit unions can earn a 2022 BankSafe Trained Seal.

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