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League Joins Atlantic FCU in Mourning the Passing of Paul Labbe
The League joins Atlantic FCU in mourning the passing of longtime volunteer Paul Labbe.
Community CU Hires Scott Waldron as New Turner Branch Manager
Community CU has hired Scott Waldron to serve as the new Branch Manager for their Turner location. As Branch Manager, Waldron will oversee operations including member services, staffing, training, and facilities. In this role, he will bring 20 years of experience in financial services and a passion for community service to the credit union.
Synergent Signs New Agreement with Jack Henry & Associates to Provide JHA PayCenter
Synergent is pleased to announce it has signed a new agreement with Jack Henry & Associates to offer faster payment solutions to credit unions. Through JHA PayCenter, Synergent credit unions will have immediate and secure access to payments using The Clearing House RTP Network and Zelle.
Full Plates Full Potential Launches Innovation Fund to Combat Childhood Hunger
Full Plates Full Potential, an organization working to end child hunger in Maine, announced the launch of the John T. Woods Innovation Fund, a new grant program to support school districts and community organizations in piloting innovative strategies to increase participation in, and access to, school meals. The Fund is supported through individual donations and corporate partnerships including the Maine Credit Unions’ Campaign for Ending Hunger.
Preventing HELOC Fraud
Credit unions across the country have suffered substantial losses due to counterfeit checks drawing funds from home equity lines of credit (HELOCs). There are steps your credit union can take to protect member PII and proactively prevent losses due to HELOC fraud.
Registration Is Open for the 2022 CUNA GAC
CUNA is holding its annual Governmental Affairs Conference (GAC) in-person in 2022 and registration is now open! You can join your credit union colleagues in Washington, DC, February 27-March 3, to share the credit union difference with lawmakers and advocate for the financial well-being of more than 120 million people.
InfoSight eNewsletter
Topics in this week’s edition include:
- Webinar – Money Laundering from Environmental Crime
- Treasury Acts to Counter Ransomware
- OFAC Releases Advisory on Ransomware Payments
- FinCEN SAR Guidance Regarding Child Exploitation
- NCUA Pilots Post-Examination Survey
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.
Evergreen CU Renovates Its South Portland Branch
Evergreen CU recently celebrated the completion of significant renovations to its branch on Broadway in South Portland. The five-month project included the addition of a new exterior leading to a larger entryway into a redesigned interior. These additions, plus new technology, were installed to improve their members’ banking experience.
NCUA MDI Mentoring Grant Round Reopens 10/11
Federally insured credit unions with both the minority depository institution and low-income designations are eligible to apply for the National Credit Union Administration’s MDI mentoring grants between October 11 and October 29.
CUs Encouraged to Promote Virtual Financial Fitness Fairs This Fall
Amid rising COVID-19 numbers and the uncertainty of in-person teaching opportunities, Maine credit unions are encouraged to offer the new Virtual Financial Fitness Fair to their local schools this fall. The virtual fair was launched in April and utilizes Google Classroom, making it easily accessible for students following an in-person, hybrid, or remote learning model.
Atlantic FCU Announces Foundation
Atlantic FCU has announced the creation of the Atlantic Foundation. The mission of the new Atlantic Foundation is to help strengthen, support, and promote the common good in the communities served by the credit union.
Your CU Can Participate in the Take a Chance to End Hunger Raffle
Football season is here and Patriots fans across New England are gearing up for what we hope will be a winning season with a new QB at the helm! Given the excitement surrounding our beloved team, the League is coordinating a statewide Take a Chance raffle with proceeds benefiting the Campaign for Ending Hunger. Your credit union can participate and raise money toward your 2021 Ending Hunger fundraising results.