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Maine Harvest FCU Announces New Program to Support Farmers
Maine Harvest FCU announced a new program that will pay closing costs for purchasing or refinancing farmland in Maine.
The County FCU Hires Dawn Larrabee to Manage Houlton Branch
The County FCU is pleased to announce that Dawn Larrabee will serve as the credit union’s new Houlton Branch Manager.
Maine Credit Unions Rise to the Challenge! Raise Over $200,000 to Fight Hunger
Maine Credit Unions’ Campaign for Ending Hunger is pleased to announce that its $100,000 Challenge raised over $200,000 to support Good Shepherd Food Bank and community food pantries across the state. The final fundraising tally will be revealed during Monday’s credit union virtual town hall meeting.
CU Employees Can Wear Face Shields When Working Behind a Barrier
The Mills Administration has confirmed that face shields are a permitted form of facial covering for financial institution employees when deployed with a plexiglass barrier. If a physical barrier does not exist between an employee and a member, then cloth face masks remain the only approved facial covering.
Honor Roll
Each month, the League honors credit union employees who earn a CUNA certificate or designation. Find out who received recognition in June.
Job Opportunities
To post or remove a position, please email Jen Burke at jburke@mainecul.org.
Lending
- New: Loan Officer – Connected CU, Augusta
- Loan Processor – Community CU, Lewiston
- Commercial Loan Officer – Atlantic FCU, South Portland
Management
- AVP – Controller – Northeast CU, Portsmouth, NH
Member Services
- New: Associate Financial Services Representative – Evergreen CU, South Portland
- Member Service Representative – Acadia FCU, Bangor
- Support Center Supervisor – Acadia FCU, Fort Kent
- Administrative Assistant – Acadia FCU, Fort Kent
- Support Specialist – Acadia FCU, Fort Kent
- Teller – Connected CU, Augusta
- Teller – Northeast CU, Biddeford
- Member Service Representative, Northeast CU, Biddeford
- Teller – Bangor Federal Credit Union, Bangor
- Financial Accounting Manager – Northeast CU, Portsmouth, NH
- Risk Management Specialist – Northeast CU, Portsmouth, NH
- Member Service Representative – Northeast CU, Saco
- Member Representative – Community CU, Lewiston
CU News and Events: June Edition
How did credit unions kick off the start of summer? By doing what they do best—giving back, helping members, and recognizing outstanding employees. The League provides a summary of what some of our credit unions were up to in June.
NCUA Releases Q1 2020 Credit Union System Performance Data
Data on the financial performance of federally insured credit unions for the quarter ending March 31, 2020, is now available from the National Credit Union Administration.
Ending Hunger $100,000 Challenge Concludes Tomorrow
July 4 marks the end of our 30-day fundraising effort to raise $100,000 for Maine Credit Unions’ Campaign for Ending Hunger. While our Challenge might be coming to a close, our ongoing efforts to raise money to fight hunger in our state must continue!
CU System Sees Major Victory as SCOTUS Denies ABA Appeal on FOM Rule
The U.S. Supreme Court denied an appeal from the American Bankers Association to void the NCUA field of membership (FOM) rule, a decision that marks the end of bankers’ nearly four-year battle to undo NCUA’s FOM rule finalized in October 2016.
Unemployment Fraud Investigation Update
Earlier this week, the League was contacted by the U.S. Secret Service with a request concerning the state unemployment fraud investigation. Credit unions can help the U.S. Attorney’s Office track suspected unemployment fraud through their SARs reports.
Life After COVID-19: Proactive Loss Mitigation Strategies for Your Loan Portfolio
COVID-19 has put financial institutions under stress. One significant risk is how the current environment has impacted your loan portfolio. James Bullard, Senior Risk Consultant at CUNA Mutual Group, explores this topic in a new blog post.