Print
Federal and State Regulators Release Updates to BSA/AML Examination Manual
The Federal Financial Institutions Examination Council released several updates to the Bank Secrecy Act/Anti-Money Laundering examination manual. The manual is used to evaluate compliance with the Bank Secrecy Act and anti-money laundering requirements.
New Paycheck Protection Program Updates
On Wednesday, the U.S. Small Business Administration’s Maine district office provided updates on the Paycheck Protection Program.
Northeast CU Mourns Passing of Board Chairman Philip Sullivan
It is with great sadness that Northeast CU announces the passing of its longtime Board Chair, Philip “Phil” Sullivan. Phil passed away peacefully on March 21, 2020 at the age of 77 after a short illness.
A Message to CUs from Todd Mason: COVID-19 and the Power of Partnership
Todd Mason provides an update to credit unions about the power of partnering with Synergent.
Waterville CU Gets ‘Creative’ to Serve Members During Pandemic
In this Morning Sentinel article, New Dimensions FCU demonstrates how it is continuing to serve its members during the coronavirus pandemic.
Paycheck Protection Program Updates
The Small Business Administration (SBA) provided several updates to financial institutions this week regarding the rollout of the Paycheck Protection Program.
Job Opportunities
To post or remove a position, please email Jen Burke at jburke@mainecul.org.
Lending
- Indirect Loan Officer – Maine State CU, Augusta
- Consumer Loan Consultant – New Dimensions FCU, Waterville
- Mortgage Processor – Atlantic FCU, Brunswick
- Mortgage/Equity Processor – Northeast CU, Portsmouth, NH
Management
- Branch Manager – Community CU, Turner
- AVP – Controller – Northeast CU, Portsmouth, NH
Member Services
- New: Teller – Gardiner FCU, Gardiner
- New: Teller – Northeast CU, Biddeford
- New: Member Service Representative, Northeast CU, Biddeford
- Teller – Bangor Federal Credit Union, Bangor
- Member Service Representative – Downeast CU, Bangor
- Financial Accounting Manager – Northeast CU, Portsmouth, NH
- Risk Manager – Northeast CU, Portsmouth, NH
- Member Service Representative – Northeast CU, Saco
- Member Representative – Community CU, Lewiston
Snail Mail for Kids Program Delivers
While it is essential to practice physical distancing during this time, social connections are important, especially for children. That is why Sabattus Regional CU started its Snail Mail to Kids program. Most children love receiving mail and thanks to the credit union’s new program, they can!
CARES Act Allows for Payroll Tax Deferral
Credit unions are eligible under a provision in the CARES Act to defer paying their payroll taxes. Under the provision, half of the taxes would be due at the end of 2021 and the other half at the end of 2022.
7 Tips for Building a Positive Culture in a ‘Socially Distanced’ World
Social distancing is creating more than just operational considerations for workplaces that have transitioned to most or all of their staff working remotely. Here are seven ways to support and sustain workplace culture amid social distancing.
CU Youth Month Tip of the Week: Start a Family 401(k)
Week 2 of National CU Youth Month is almost over, but there’s still time to share an important youth and family savings tip with your members. Read the latest CU Youth Month tip on the Financial Literacy Blog.
Remote Notarization Order Will Help CUs During COVID-19
Governor Mills issued an Executive Order this week permitting remote notarization for most transactions, including estate planning and business transactions.