Whether someone is looking to finance a purchase, request an increase to credit limits, adjust repayment dates, or seek temporary relief, it’s likely that everyone…
Preventing Fraud in the Shared Branch Network
As the state network representative of the Shared Branch network to credit unions in Maine, Synergent is sharing important Shared Branch tips to assist your…
Infosight eNewsletter
Topics in this week’s InfoSight newsletter include: Consumer Compliance Outlook Issue Released The CFPB’s Enforcement Work in 2023 and What Lies Ahead Registration Open for…
$750,000 Gift From Town & Country FCU Will Support the University of Southern Maine
The University of Southern Maine Foundation received a $750,000 gift from Town & Country FCU to build an Esports arena on the University of Southern…
Credit Union News and Events – January Edition
A new year brings with it new opportunities for growth, connection, involvement, and support. This January, credit unions across Maine continued to uplift the communities…
Monday Is the Final Day to Register for the Ending Hunger Results Luncheon
Don’t forget! Monday is the last day to register to attend the Ending Hunger Results Luncheon, taking place at the Hilton Garden Inn Freeport Downtown…
League, Credit Unions Offer Support for Governor Mills’ Proposed Office of New Americans
On Tuesday, the League was in Augusta to provide testimony in support of LD 2167, An Act to Develop Maine’s Economy and Strengthen Its Workforce…
League Awards Spotlight: Alexander Ferguson Award
Volunteers are at the heart and soul of the credit union movement. They serve on credit union boards and supervisory committees—they even volunteer at events…
League Now Accepting Nominations for Prestigious Annual Awards Program
Each year, when credit unions come together at the League Convention, representatives of our People Helping People movement are honored with special awards to recognize…
Town Hall to Feature America’s Credit Unions’ Jim Nussle
Join the League on Monday, February 12 at 1:00 pm for a credit union Town Hall featuring Jim Nussle, President/CEO at the new America’s Credit…
New Dimensions FCU Names Tanya Verzoni, Vice President of Human Resources and Talent Development
New Dimensions FCU is pleased to announce the promotion of Tanya Verzoni to Vice President of Human Resources and Talent Development. In her new role,…
Acadia FCU Offers $8,000 in Scholarships to 2024 Graduating Seniors
As a financial institution committed to boosting the vibrancy of the communities they serve, Acadia FCU is pleased to announce the application period for their…
InfoSight eNewsletter
Topics in this week’s InfoSight newsletter include: CFPB Proposes Rule to Stop New Junk Fees on Bank Accounts Board Approves Annual Performance Plan; Briefed on…
Maine Law Court Overturns Free House Rule
Earlier this month, the Law Court issued a decision on Finch v. U.S. Bank, overturning precedent set in 2017 by Pushard v. Bank of America.…
Two Successful Hearings Held in Augusta This Week
It was a busy week in Augusta for the League advocating on behalf of Maine’s credit unions. The League testified on both LD 2062, An…
Recruitment Marketing Virtual Workshop Happening Next Month
Registration is open for the League’s first virtual workshop of 2024 geared for credit union marketers. Nationally recognized speaker Diane Reed will facilitate a session…
What Is Scholarship Displacement and How to Navigate It?
The latest edition of the Financial Literacy Blog explores the topic of scholarship displacement, outlining what it is and why students and their families should research…
2024 U.S. Economic Outlook and Its Impact on Credit Unions
In this article, Steve Rick, Chief Economist for TruStage™, shares his insight on the country’s economic outline and what could be in store for credit…
Tee Off with the League in May to End Hunger
We are already dreaming about it: the crisp morning air; the wind sweeping through soft blades of grass across the greens; and golfers gathered with…
OTIS FCU Returns 7% Bonus Dividend and Interest Refund to Membership
OTIS FCU is pleased to announce the return of a 7% Bonus Dividend and Interest Refund on January 1, 2024, representing a total of $566,112.94…
OTIS FCU Mourns Long-Time Board Member Daniel Mancine
It is with a heavy heart that OTIS FCU shares news of the passing of long-time Board Member Daniel Mancine. The League joins the credit…
NCUA Letter to Credit Unions: 2024 Supervisory Priorities
This week, the NCUA released a letter outlining its supervisory priorities and other updates to the agency’s 2024 examination program. The NCUA focused on areas…
InfoSight eNewsletter
Topics in this week’s InfoSight newsletter include: CFPB Proposes Rule to Close Bank Overdraft Loophole that Costs Americans Billions Each Year in Junk Fees FinCEN…
Maine Credit Unions Receive Silver Lining from Latest CFPB-Proposed Rule on Overdraft
The Consumer Financial Protection Bureau (CFPB) released a proposed rule addressing overdraft fees and disclosures surrounding overdraft services that would treat an overdraft as a…
OTIS FCU Recognizes Darice Roy as Employee of the Year
OTIS FCU invites you to join them in celebrating Darice Roy, an exceptional employee who always goes above and beyond, as their 2023 Employee of the Year!