On October 25, Gardiner FCU hosted its annual Ending Hunger check reception. Credit union staff and board members presented local community partners with checks to support their important work to assist people facing food insecurity.

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Have you ever wanted to attend the biggest credit union advocacy event of the year? Do you want to join the Crasher family and participate in the 2024 CUNA Governmental Affairs Conference (GAC)? Now’s your chance. Apply today to Crash the GAC and take your career to the next level!

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Last week, credit union representatives, CEOs, and League staff met with regulators and elected officials in Washington, DC, during Hike the Hill. The trip provided a fantastic opportunity to bring up important issues with key policymakers like interchange and the Credit Union Board Modernization Act.

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The U.S. District Court for the Southern District of Texas issued a nationwide injunction that prohibits the implementation or enforcement of the Small Business Lending Rule. Credit unions will not be expected to implement the rule until litigation is concluded. The rule in question would impose a significant reporting burden on credit unions that make at least 100 business loans of any size in a year.  

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Unfortunately, credit unions across the state are not seeing a decrease in the number of fraud attacks on their members. However, collectively and independently, we are all doing our very best to supply members with important reminders and key resources for keeping their personal information and finances safe, protected, and private.

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The County FCU is excited to announce that Brad Wolverton has joined the credit union as its new Chief Financial Officer.

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New Dimensions FCU is pleased to announce the promotion of Michael Grenier to Executive Vice President. In this new role, Grenier will oversee operations, develop growth strategies, and enact the vision set forth by the Board of Directors and CEO.

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The weather may have cooled off in October, but community engagement heated up at credit unions across the state! Credit unions came together to support organizations and individuals who needed it, and International Credit Union Day celebrations were done in big ways for members and staff. Our League provides a snapshot of what some of our credit unions were up to last month.

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Our League is deeply for appreciative of the outpouring of support for our Lewiston-area credit unions and their members. So many credit unions (and their members) have contributed to the Norm Nolette Chapter of Credit Unions’ Campaign for Ending Hunger ‘Feed the First’ fundraiser. This special initiative is being coordinated in partnership Lewiston-Auburn Metropolitan Chamber of Commerce Foundation. There is still time to donate and offer support to other organizations who are assisting the community.

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Join the League at the Harraseeket Inn in Freeport for a two-day Regulatory Compliance Conference on November 14 and 15. The event will feature veteran credit union attorney David Reed, who will present on November 14 and discuss compliance matters impacting the financial services industry.

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We are all in shock over what transpired in Lewiston. There truly are no words that can capture the sadness we are feeling today, and will continue feeling in the days ahead. On behalf of both the League and Synergent, I would like to extend our thoughts and prayers to our credit union colleagues in the greater Lewiston area, the victims, and all those impacted by Wednesday’s tragedy.

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Financial Fitness Fair season is officially underway, and what a start we have had! Already, more than 600 students across the state have undergone Maine Credit Unions’ extensive, useful, and informative Financial Fitness Fair simulation.

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