Maine Credit Union League Weekly Update

League President/CEO Todd Mason shares a Thanksgiving Day message to credit unions. He expresses his gratitude for the impact credit unions have made this year and acknowledges his team at the League and Synergent.

Maine State CU is pleased to announce its semi-annual Online Auction to End Hunger in Maine is now live! With over fifty items to select from, proceeds from the auction will help provide financial support to over 30 food pantries and shelters in Central Maine.

CUNA Mutual Group has released its Winter 2021 Report for credit unions. This timely report can be shared at chapter and credit union meetings. CUNA Mutual Group also shared a save the date for its Discovery2022 conference.

In a letter to credit unions, NCUA announced it is extending the flexibility for federal credit unions to conduct meetings virtually in 2022.

Topics in this week’s edition include:

• OSHA COVID-19 ETS Information
• Mortgage Servicing Supervisory Flexibility Ending
• FCU Meeting Flexibility in 2022
• IRS Reminder About Child Tax Credit Advances
• CFPB Sues Pawn Lenders for Cheating Military Families

Governor Janet Mills has announced that all Maine adults age 18 and older are eligible to receive a COVID-19 booster shot, regardless of underlying medical condition.

As its 100-year anniversary comes to an end, Infinity CU is excited to unveil a refreshed and future-forward brand. Visitors to the credit union’s website will experience a new look and feel. Infinity CU also launched For All Maine-Kind™, a new advertising campaign.

Today is the final day credit unions can take advantage of special early-bird pricing for the CUNA Marketing & Business Development Council Diamond Awards. This discount provides credit union marketers a great opportunity to showcase their achievements at a reduced price.

The League will host a free webinar for Maine credit unions on December 8 at 1:00 pm, featuring Steven Rick, CUNA Mutual Group’s Chief Economist. Rick will discuss the pandemic’s economic impact, the possible paths of the economic recovery, and the effect it will have on credit union balance sheets and income statements for the next two years.

All 30 credit unions that currently participate in the MEWA health insurance plan will be receiving a premium holiday for January 2022. The MEWA was formed in partnership with the League and the Insurance Trust.

This month, our League joins CUNA in celebrating the 20^th anniversary of the Credit Union House. This facility serves as a convenient, permanent venue on Capitol Hill where CUNA, leagues, and credit union representatives meet to discuss strategies, plan meetings, and share feedback from congressional visits.

The League will not be distributing Weekly Update next week. We extend our best wishes to you, our credit union family. We hope you have a joyous and wonderful Thanksgiving.