Nearly 750 To Attend Maine Credit Union League's 76th Annual Meeting & Convention In Portland
June 25, 2014
The Maine Credit Union League will hold its 76th Annual Meeting & Convention this Friday, June 27, and Saturday, June 28, at the Holiday Inn by the Bay in Portland. With credit union membership at an all-time high of more than 641,000 members, there is significant excitement and enthusiasm surrounding this year's Convention. A large crowd of nearly 750 credit union representatives, vendors and guests are registered and expected to attend.
An outstanding program featuring national speakers will be addressing this year's Convention including Lieutenant Colonel Robert J. Darling, United State Marine Corps. (Ret.), who will give what promises to be a moving presentation called 24 Hours Inside the President's Bunker, a firsthand account of the 24 hours following the September 11, 2001, terrorist attacks. In addition, nationally recognized speaker and a veteran of the financial services industry, Jack McCall, will address attendees, and Ron Shevlin, an expert in retail financial services' issues and author, is the keynote address at the Delegates' Meeting. Workshops and breakout sessions on a variety of topics will also take place for attendees and guests.
In addition to the various speakers, Second District Congressman and Gubernatorial Candidate, Mike Michaud, will speak to this year's Convention attendees.
"The Annual Meeting & Convention represents an opportunity to celebrate the cooperative structure, collaborative philosophy and strength of Maine credit unions. We look forward to having attendees from across Maine in attendance, sharing ideas, enthusiasm and passion for credit unions in Maine," remarked John Murphy, President of the Maine Credit Union League.
The meeting coincides with recently-released statistics from that show the popularity of credit unions in Maine continuing to grow to record heights with membership at more than 641,000 members. 2013 year-end stats show that total assets increased more than 4% last year, as combined assets at Maine credit unions now stand at $6.1 billion. Loans also increased by more than $276 million, a robust 7.1% increase, while deposits were solid at 3.9% growth and now standing at $5.2 billion. For the past ten consecutive years, Maine has been the fifth strongest credit union state in terms of percentage of population in the country.