It is with great sadness that Downeast CU shares the loss of their dear friend and colleague, Donna Cochran. She was a devoted wife, mother, grandmother, daughter, aunt, friend, and colleague. Donna leaves a legacy of caring, compassion, and unwavering dedication. Her loss marks the end of an era at Downeast, and the team there will continue to remember her well.

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Is your credit union leveraging the resources found on League InfoSight? If you aren’t, you should! A snapshot of the topics available in this week’s InfoSight newsletter are below. To access the newsletter, click the Read More link.

• Launch of OFAC’s File Finder Application | Office of Foreign Assets Control
• NIST Cybersecurity Framework Upcoming Event – CSF 2.0 Webinar Series: Implementing CSF 2.0—The Why, What, and How
• FinCEN Reminds Financial Institutions to Remain Vigilant Regarding Potential Relationship Investment Scams

InfoSight is FREE to League credit union employees as a benefit to membership and provides state and federal compliance and operations resources. Please contact the League if you need assistance accessing InfoSight.

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Synergent is delighted to announce Maine Highlands FCU has signed a ten-year renewal agreement with Synergent for hosted Jack Henry™ Symitar® core processing.

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The Signature Soup Food Booth at the Turner Ridge Riders Snowmobile Club’s 24th Annual Vintage One Lunger Race successfully launched Community CU’s 2025 Signature Soup Challenge with over $1,000 raised! This exciting kick-off marks the beginning of a monthlong initiative benefiting Maine Credit Unions’ Campaign for Ending Hunger.

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League President Elise Baldacci goes “On the Record” with Mainebiz in an article published in the February 24 edition of the magazine.

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Atlantic FCU will present a virtual Home Buyer Seminar on March 19 from 5:30 pm – 6:30 pm. Experienced financial professionals will offer insights and provide valuable tips about purchasing a home. Attendees will learn what to expect during the loan process, the definitions of real estate jargon, and how to prepare for an application.

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NorState FCU is now accepting applications for eight $1,000 scholarships. Graduating seniors attending high school in Aroostook County or in the northern part of Penobscot County are eligible to apply. Scholarships applications are available on the credit union’s website or at high school guidance department offices.

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The League is pleased to share that new Statewide Awareness Campaign videos have been released across various platforms and media outlets. The new ads focus on fraud—specifically overpayment scams—and how credit unions work diligently to protect their members from financial harm.

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cPort CU announced that Gene Ardito will retire as President & CEO on June 1, 2025, after a successful 21-year tenure of visionary leadership, unwavering dedication, and transformative service. Kelsey Marquis, cPort CU’s current Chief Operating Officer & Chief Financial Officer, will be appointed to the role of President effective March 1, 2025, and President & CEO upon Ardito’s retirement.

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The League joins PeoplesChoice CU in mourning the loss of Leo Simard, who served on both the credit union’s and the League’s Board of Directors. He passed away peacefully on February 16.

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Is your credit union leveraging the resources found on League InfoSight? If you aren’t, you should! A snapshot of the topics available in this week’s InfoSight newsletter are below. To access the newsletter, click the Read More link.

• The Fourth Issue 2024 of Consumer Compliance Outlook (CCO) Is Now Available
• Hill, Scott Lead Effort to Roll Back Biden-Era CFPB Overdraft Rule
• Corporate Transparency Act Reporting Requirements Back in Effect with Extended Reporting Deadline; FinCEN Announces Intention to Revise Reporting Rule

InfoSight is FREE to League credit union employees as a benefit to membership and provides state and federal compliance and operations resources. Please contact the League if you need assistance accessing InfoSight.

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The League is committed to helping credit unions succeed and improve the financial lives of their members—accomplished through advocacy, outreach, education, and a plethora of resources including our newly relaunched strategic planning program.

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