Federal Updates Late last week, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law, providing a third wave of action from the…
A Recap of the 2020 GAC
Another CUNA Governmental Affairs Conference (GAC) is officially in the history books! The annual event fostered four days of credit union networking, advocacy, and thoughtful…
Legislative Advocacy Update
The Maine Legislature is back in session and working through a large volume of bills. The League has been busy at the State House attending…
Property Tax Relief Checks: What Your Credit Union Needs to Know
In 2019, a law was enacted to provide property tax relief to Mainers through the Property Tax Relief Fund. Some qualified taxpayers have already received…
Maine Legislature Returns to Work
When the first regular session of the 129th Legislature adjourned last June, it was the first to adjourn on time in several years. At the…
Supreme Court to Hear CFPB Constitutionality Case in March
(From Credit Union Journal) – The Supreme Court on November 26 said it will hear arguments March 3 in a case challenging the constitutionality of…
House Committee Approves Bill to Require Semi-Annual NCUA Testimony
(From Credit Union Times) – The House Financial Services Committee on 10/31 approved legislation that would require the NCUA chairman and heads of other banking…
CULAC Is an Important Tool in CU Advocacy
People often ask why credit unions are involved in legislative advocacy. The answer is simple. If credit unions aren’t at the table, we’re on the…
Senator Susan Collins Visits the League
The Maine Credit Union League welcomed U.S. Senator Susan Collins (R-ME) to its Westbrook headquarters on August 6 for a briefing on data security. The…
Steve Forbes to Headline the League’s 2019 Legislative Forum
Our League is pleased to announce Steve Forbes, Chairman and Editor-in-Chief of Forbes Media, will serve as the keynote speaker for our 2019 Legislative Forum…
Marijuana Banking Would Boost CU Deposits by $350 Million Over 10 Years: CBO
(From Credit Union Times) – A House bill that would provide financial institutions with a safe harbor to serve marijuana-related businesses would boost deposits at credit unions…
Legislative Advocacy in Full Swing in Augusta
The 129th Legislature is in full swing in Augusta with public hearings and work sessions as legislators work on bills in respective committees. The League has…
Cybersecurity News: A Fed Weakness & Banking Trojan Named Gustuff
(From Credit Union Times) – Catching up on a couple of banking related cybersecurity related news items and reactions includes a focus on a Federal…
Maine Credit Unions Head to GAC
Next week, credit unions from across the country will gather in Washington, DC, for the annual CUNA Government Affairs Conference (GAC). 106 representatives from local…
Credit Union Advocacy in Augusta
Even though the Legislature has only been in session for a few weeks, your League’s Governmental Affairs team has been hard at work advocating for…
Celebrating Maine’s New Governor
On Friday, January 4, celebratory activities surrounding Governor Janet Mills’ inauguration formally concluded with the Governor’s Inaugural Ball. The event was held at the Augusta…