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Avoiding Rental Scams
Finding an apartment that meets all of someone’s needs is no easy task. There can be barriers that make it difficult for people to settle on a rental. There’s also the risk of rental scams. In this newest Financial Literacy Blog, we outline the signs of a rental scam to help those who are in the market for a new place to call home.
Watching Out for Travel Scams
Consumers are getting more and more comfortable traveling again post-pandemic. However, travelers may not be aware of other risks present while planning a trip—including scams that have increased in popularity and decreased in detectability. If your members are planning a trip or holiday travel to see family later this year, consider sharing this article which outlines a few things they should be on the lookout for.
New Member Moment Spreads Awareness About Credit Union Contact
Fraudsters and scammers are ever-evolving and deceptively clever in their attempts to obtain peoples’ money and personal information. To help members safeguard themselves against financial exploitation, Maine Credit Unions recently created a new Member Moment video highlighting what information a credit union will not call them and ask for. Credit unions are encouraged to share Member Moment videos on their websites and social media channels.
Commentary: Let’s End Hunger in Maine, Especially Among Children
Jim Lemieux, President and CEO at Sebasticook Valley FCU, authored an editorial that was published in the September 6 edition of the Press Herald. His commentary encourages us all to come together to end hunger and help children who are food insecure.
InfoSight eNewsletter
Topics in this week’s InfoSight newsletter include:
- Introduction to OFAC Web Series
- Agencies to Host Roundtable on Special Purpose Credit Programs
- Register Now for the Volunteer Income Tax Assistance Program Webinar on September 7
- Register Now for Commercial Real Estate Loan Accommodations and Workout Guidance Webinar on September 14
InfoSight is FREE to League credit union employees as a benefit to membership and provides state and federal compliance and operations resources.
Financial Literacy Conference Registration Opens for Maine Credit Unions
To help credit unions better reach their membership with outreach efforts, the League is inviting those with a passion for financial education to the Financial Literacy Conference on October 26 at the Credit Union Service Center in Westbrook, from 10:00 am – 2:00 pm.
CU Job Shadow Program Begins
This week, the League’s Governmental Affairs team coordinated its first Credit Union Connection: CU Job Shadow opportunity. Representative Poppy Arford, who represents the 101st district in Brunswick, visited Atlantic FCU on Tuesday.
How Credit Unions Could Embrace an E-Commerce Mentality to Deliver Embedded Buying and Borrowing Experiences Members May Want
How do you take a traditionally challenging auto buying experience and align it with the strength and capabilities a credit union can provide? Kevin Polinsky, Senior Director – Technology at TruStage, shares how credit unions can capitalize on this opportunity through an embedded buying and borrowing experience.
Maine State CU Welcomes Nicole Hotchkin as Vice President of Mortgage Lending
Maine State CU is pleased to announce that Nicole Hotchkin has joined the credit union and will lead the residential lending efforts across Maine. She will help the credit union build its mortgage product portfolio and join the Rockland team at 168 Camden Street.
Oxford FCU Continues Its Partnership with JMG
Oxford FCU is pleased to announce that they are once again partnering with local JMG programs for the 2023/24 school year. As a financial education partner of JMG, the credit union is making a $3,000 contribution to the program. The JMG program at Spruce Valley High School in Jay will be included in the partnership along with the programs at Dirigo High School, Mountain Valley High School, and Telstar High School.
Heather Paquette Named President of Good Shepherd Food Bank
Heather Paquette has been named President of Good Shepherd Food Bank, starting in mid-September. Paquette comes to the Food Bank after a dynamic 24-year career with the companies of Ahold Delhaize USA, including 22 years at Hannaford Supermarkets.
A Message From Cris Wescott Concerning the CUNA and NAFCU Merger
Cris Wescott, Interim President/CEO at the League, provides a brief update concerning the pending CUNA and NAFCU merger. Before the merger is finalized, members of both organizations will have the opportunity to vote in support of the proposal during a 60-day voting period, which is now underway. Credit unions should have received an electronic ballot by email this week.