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The Countdown Is On to Elevate 2025
Have you ever wondered when planning begins for the League’s Convention and Exhibit Show, now known as Elevate? The answer might surprise you—we start as soon as the previous year’s event ends! With nearly a full year of preparation, Elevate 2025 is shaping up to be an unforgettable experience, and registration is now open.
Protect Your Financial Future at a Credit Union
For many New Americans, managing money in a new country can feel overwhelming. This edition of the Financial Literacy Blog explains how keeping money in a credit union is one of the safest and smartest financial decisions someone new to this country can make. Credit unions are encouraged to share the Financial Literacy Blog with their members.
Toss Hunger to the Curb This June
Registration is now open for the 7th Annual Bag Toss Tournament hosted by Cumberland County FCU. The tournament is taking place on Wednesday, June 11 at 33 Elmwood in Westbrook. All proceeds from the event will be donated to the Campaign for Ending Hunger.
There's Still Time to Register for the York County Chapter Meeting
If your credit union is a member of the York County Chapter of CUs, don’t miss your opportunity to network with your peers and hear from League President Elise Baldacci on April 8 at the Credit Union Service Center in Westbrook. The Chapter will be holding its Annual Meeting at 12:30 pm, followed by an educational session led by Baldacci where she will discuss industry trends and Maine’s credit union movement.
InfoSight eNewsletter
Content in this week’s newsletter includes:
- Old Domain: @leagueinfosight.com; New Domain: @infosight360.com
- NCUA Annual Report
- OFAC Alert! International Cartels Designated as Foreign Terrorist Organizations and Specially Designated Global Terrorists
- Inclusiv Statement on Executive Order Threatening the Elimination of the CDFI Fund
- CU PolicyPro/RecoveryPro system will be unavailable from March 26 to March 30 to prepare for InfoSight360 launch
As a reminder, League InfoSight will distribute a new InfoSight360 newsletter on a monthly basis beginning in April. This communication will focus on best practices for using InfoSight360, content updates, training materials, system updates, etc. The advanced InfoSight360 platform—launching later this quarter—will simplify how credit unions manage compliance, policies, and business continuity planning.
A Flurry of Activity in Augusta and Washington to Watch
The Legislature is now approximately halfway through the expected bills for this legislative session. The Governmental Affairs team is currently tracking 16 Priority One bills, 21 Priority Two bills, and 35 Priority Three bills. So far, testimony has been provided on 19 items, including last week’s confirmation hearing for Five County CU’s Mike Foley, who was nominated to serve on the Board of Directors for the Finance Authority of Maine (FAME).
CU Trends Report Shows Loan Balance Growth
TruStage™ has issued its latest edition of their monthly CU Trends Report. The report is published and distributed by Steven Rick, TruStage Director and Chief Economist, and provides a “pulse check” on the state of the credit union marketplace. Data analyzed from December 2024 predicts loan balances are expected to grow.
Two Weeks Remain to Support the Campaign for Ending Hunger Golf Tournament
Just two weeks remain to get in on the golf fun in support of our signature social responsibility initiative—Maine Credit Unions’ Campaign for Ending Hunger! Many credit unions and vendor partners have already signed up to participate, from entering a foursome to sponsoring this annual event, and we are incredibly grateful for all of the generosity thus far. If your credit union would still like the opportunity to get involved in this exciting day at Purpoodock Club, there is still time to sign up.
PeoplesChoice CU Raises Money for Ending Hunger Through Maine-Made Keepsakes
Credit unions get creative when it comes to fundraising for causes they care deeply about. At PeoplesChoice CU, they’ve connected with a local artist to offer Maine-made keepsakes with 100% of the profits benefitting Maine Credit Unions’ Campaign for Ending Hunger!
CLYNK to End Hunger in Maine
Credit unions find ways to support Maine Credit Unions’ Campaign for Ending Hunger in a variety of ways all year long. While many fundraisers take ample planning and coordination, some are easy to facilitate rather simply on an ongoing basis. It’s never too late to begin participating in the Campaign’s CLYNK to Give program—a straightforward way to collect dollars for hungry Mainers every day.
Lisbon Community FCU Announces Staff Promotions as Growth Continues
Lisbon Community FCU is proud to announce the promotion of two dedicated team members. These internal advancements reflect the credit union’s commitment to recognizing talent, fostering career development, and enhancing service to their valued members.
HRCU Receives Dual Recognition for Member Safety and Services
HRCU has announced it has been recognized for the fifth year by MemberXP, a leading customer experience program offered through Credit Union Solutions Group (CUSG), as a recipient of its 2025 ‘Best of the Best’ award in the new member and loan experience categories. HRCU also received the 2025 AARP BankSafe Trained Seal for the fifth consecutive year.