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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!
Elevate24! Attend the League’s Annual Convention and Exhibit Show
Winter’s arctic blast has credit unions dreaming of warmer spring temperatures. To help boost your balmy vibes, the League is pleased to announce that registration…
Spare Change Adds up for Good at NorState FCU
Since 2014, NorState FCU has donated the user fees it has collected from their coin sorters to local Aroostook County charities. In 2023, $6,663.25 was…
Maine State CU Expands Retail Team and Promotes Four
Maine State CU is excited to announce changes to its retail team. These changes will allow the credit union to continue providing members with the…
Maine Savings FCU Welcomes Stacey Young as SVP of Member Experience
Maine Savings FCU is pleased to announce the appointment of Stacey Young as Senior Vice President of Member Experience. Young comes to Maine Savings with…
Breaking Down the New BOI Access Rule
America’s Credit Unions has shared their latest Compliance Blog, breaking down the new BOI access reporting rule, which went into effect January 1. The post…
Synergent Welcomes Randy Stolp as Its New President
Synergent is pleased to announce the appointment of Randy Stolp as its new President, effective January 22. Having served in the credit union industry for…
InfoSight eNewsletter and Monthly Fraud Call Reminder
Topics in this week’s InfoSight newsletter include: Annual Threshold Changes and More! Risk Alert from Go West: Credit Unions Should be Aware of Recent Social…
Weekly Update: Your One-Stop Shop for Timely Credit Union News
If you received this week’s newsletter, you already know it covers a wide array of timely credit union topics. With important governmental affairs and compliance…
2024 Forecast: Liquidity ‘Top of Mind’ at Maine Credit Unions
Cris Wescott, League Interim President/CEO, offers her 2024 insights to Mainebiz in this article published on January 9.
Don’t Miss the 2024 Residential and Business Lending Expo
Mark your calendars and reserve your spot today to attend the Residential and Business Lending Expo, taking place on March 12 at the Woodlands in…