Maine Credit Union League News & Views

Volume 3 - Number 11 - November 8, 2018 | Print
Register Your .creditunion Domain Name

Credit unions in the United States now can register the .creditunion top-level domain name, which can be used for websites and email. Credit unions are strongly encouraged to register their .creditunion domain name, even if they have no immediate ...Read the full article »

CUNA Attends Arguments in Landmark ADA Case

From CUNA News – CUNA staff attended arguments in Griffin v. DOL FCU Tuesday, an appellate-level case involving alleged noncompliance with the Americans with Disabilities Act (ADA). CUNA filed a brief in the case, as part of its ongoing advocacy ...Read the full article »

CUNA Mutual Group’s Credit Union Trends Report

The October 2018 Credit Union Trends Report from CUNA Mutual Group is now available.  The report shows trends based on data collected in August 2018.  Highlights include:

Credit unions picked up 706,000 in new memberships in August.  This 0.6% ...Read the full article »

Connect With Millennial Homebuyers

From CUNA News – There are the stories of millennials being saddled with large student loans, living in their parents’ basements, and having difficulty finding jobs.

But things are looking up for this generation now.

“We had ...Read the full article »

4 Tips for Unleashing Your Credit Union’s Best Kept Secret

By Rob Comfort, CU Insight – Very few credit union members even know their credit union offers advice that can help them achieve financial security. We see surveys where an overwhelming number of people say, “Hey, if my credit union offered ...Read the full article »

Compliance Corner: The Beneficial Ownership Rule

It has been almost six months since FinCEN’s new CDD/Beneficial Ownership Rule went into effect. The compliance questions in CUNA’s Compliance Community have slowed down considerably indicating that most credit unions have put their new policies ...Read the full article »

Honor Roll »

From certificates to designations, check out the latest list of individuals from Maine credit unions recognized for their accomplishments.

The following individuals were awarded a certificate and/or designation for completing a program in September.  Congratulations to all.

Business Communication Skills
Brittany Occhiogrosso, Down East CU

Credit Union Management Award
Jennifer Rackliffe, Franklin-Somerset FCU

Event Calendar – November 2018
13 Member Services Live Online Webinar (in partnership with CU Webinar Network) – Mortgage Lender Training Part 3: Mortgage Life-of-Loan: Decision-Making, Appraisals, Post-Closing Requirements
14 Certified Teller, Part 3 & Graduation
14 Member Services Live Online Webinar (in partnership with CU Webinar Network) – Compliance Series: Robbery Preparedness: Requirements & Proven Strategies
14 World-Class Member Service and Sales
15 Member Services Live Online Webinar (in partnership with CU Webinar Network) – Identifying Red Flags in Board Reports
15 Legislative Breakfast
15 Legislative Luncheon
16 Legislative Breakfast
16 Legislative Luncheon
19 Member Services Live Online Webinar (in partnership with CU Webinar Network) – Cash Management: How Sales, Operations & Technology Can Collaborate to Generate More Fee Income
20 Member Services Live Online Webinar (in partnership with CU Webinar Network) – How to Obtain & Perfect a Security Interest in Unconventional Collateral
27 Northern Penobscot Chapter Dinner Meeting
27 Member Services Live Online Webinar (in partnership with CU Webinar Network) – Your Borrower Has Died: Actions to Take, Mistakes to Avoid
28 Legislative Luncheon
28 SU – Basic Supervision
29 Collections Conference
29 Member Services Live Online Webinar (in partnership with CU Webinar Network) – Managing & Mitigating Card-Not-Present Fraud

Words of Wisdom

There is a difference between giving directions and giving direction.
– Simon Sinek