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Atlantic FCU Foundation Grants $15,000 to Avesta Housing
The Atlantic FCU Foundation has provided a $15,000 grant to Avesta Housing, an organization dedicated to improving lives and strengthening communities by promoting and providing quality affordable homes. This support underlines the Foundation’s dedication to building strong, sustainable communities through financial education.
Save the Date Announcement: Residential Mortgage Lending Expo Happening in March
CUSO Home Lending is pleased to announce a date for its 2025 Residential Mortgage Lending Expo. The annual event is scheduled for March 20 at the Woodlands Country Club in Falmouth. Clear your calendars and join the CUSO Home Lending team to hear from insightful guest speakers and network with both your peers and industry vendors. Additional details will be shared soon. Please stay tuned!
Downeast CU and Insurance Partner with Five Maine High Schools
Downeast CU and Insurance is proud to announce a new partnership with area schools including Calais High School, Machias High School, Mount View High School, Richmond Middle and High School, and Washington Academy. In a new program coined, “Downeast Dunkers,” participating schools will receive cash and in-kind contributions from Downeast CU and Insurance throughout the 2024/2025 basketball season.
Lisbon Community FCU Announces Key Promotions Reflecting Growth and Excellence
Lisbon Community FCU is excited to announce the promotion of two exemplary team members whose dedication and leadership have been instrumental in fostering the credit union’s continued growth and success. Kristi Foss has been promoted to Lisbon Branch Manager and Tracy Collins has been promoted to Risk Mitigation Manager.
Casco FCU Names Sarah Frudd as Its New Branch Manager
Please join Casco FCU in congratulating Sarah Frudd on her promotion to Branch Manager of the credit union’s West Gorham office. Casco FCU is a close-knit, community institution that values promoting from within, and their entire team is excited to support Frudd on her career journey.
Helping Those Impacted by the California Wildfires
People Helping People is at the core of the credit union movement. In times of uncertainty and despair, credit unions are always there to uplift their communities and support their members. Given the devastating events that have unfolded in California, credit unions across the country are joining together to help their colleagues impacted by the wildfires in Los Angeles County.
Opinion: If You Can, Make 2025 the Year of Giving Back
Jim Lemieux, President and CEO of Sebasticook Valley FCU, offers an inspirational message in his Press Herald guest commentary. In his editorial, he encourages people to give back by thinking about the big picture in 2025. He highlights how there are many ways to do good. Whether that means spending more time at the local pantry, helping a neighbor save money, or prioritizing employee development, we can all do more!
New Regulations Taking Effect With the New Year
With the turning of the calendar, there are some new laws and regulations that require updates to policies and procedures. The League’s Governmental Affairs team provides insight into those updates, including policies around Maine’s Paid Family & Medical Leave (PFML) and member expulsion.
InfoSight eNewsletter
Is your credit union leveraging the resources found on League InfoSight? If you aren’t, you should! A snapshot of the topics available in this week’s InfoSight newsletter are below. To access the newsletter, click the Read More link.
- Succession Planning
- CFPB Finalizes Rule to Remove Medical Bills from Credit Reports
- NCUA Letter 24-CU-03: Consumer Harm Stemming from Certain Overdraft and Non-Sufficient Funds Fee Practices
- CFPB Files Lawsuit to Stop Illegal Kickback Scheme to Steer Borrowers to Rocket Mortgage
- CFPB Sues JPMorgan Chase, Bank of America, and Wells Fargo for Allowing Fraud to Fester on Zelle
InfoSight is FREE to League credit union employees as a benefit to membership and provides state and federal compliance and operations resources. Please contact the League if you need assistance accessing InfoSight.
Calling All Trailblazers: Join the Aroostook Chapter for Its 13th Annual Snowmobile Run
One of the best parts of winter is getting outside and enjoying all that Maine has to offer during our coldest season. Take advantage of a great opportunity to do just that by joining your colleagues at the Aroostook Chapter of Credit Unions for its 13th Annual Snowmobile Run Fundraiser, happening on February 13. The special event will kick off at 8:30 am at the Lakeview Restaurant in St. Agatha. Funds raised will support the Campaign for Ending Hunger, Special Olympics Maine, and CULAC.
Explore Volunteer Opportunities with the Travis Mills Foundation
Credit unions consistently volunteer their time and talent to support a variety of causes to make the world a better place to live and thrive. If your credit union is interested in pursuing a new way to give back in 2025, the Travis Mills Foundation is looking for volunteers to assist with a variety of tasks to support their important work. Join the League for an informative webinar on January 28 at 1:00 pm to learn more.
Lighthouse CU and Foundation Collect 2,100 Pounds of Food to Support 13 Local Pantries with Annual Drive
From mid-November to mid-December, Lighthouse CU and its Foundation hosted their annual food drive across 17 branch locations. Thanks to the generosity of members and community partners, the drive collected 2,100 pounds of nonperishable food, benefiting 13 food pantries across New Hampshire, Maine, and Vermont.