Maine Credit Union League Weekly Update

Volume 28  •  Issue 16  •  April 19, 2019  •  
World Council of CUs Concludes Trip to Australia

The World Council of Credit Unions concluded its study trip to Australia after a week of robust discussion and collaboration with Australia’s financial cooperatives.  League President/CEO Todd Mason was part of the U.S. delegation that traveled abroad.

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Maine State CU’s Bruce Harrington to Receive Chamber Award

The League extends our congratulations to Maine State CU’s Bruce Harrington. On April 25, Bruce will receive the Elias A. Joseph Award at the Mid-Maine Chamber of Commerce’s annual awards ceremony.  The award recognizes Bruce’s volunteerism, professional achievement, and devotion to his community.  

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Register Today for the 2019 Annual Meeting & Convention

80% of our credit unions are registered to attend the 2019 Annual Meeting and Convention. Don’t miss your chance to attend this year’s event.  The registration deadline is today!

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League Opposes Legislation Harming Creditors’ Rights

On April 17, the League testified before the Legislature’s Committee on Judiciary in opposition to L.D. 1053, “An Act To Reduce the Period of Enforcement for Judgments Based upon Consumer Obligations.” The bill would reduce the amount of time a judgment from a court is enforceable from twenty years to one.

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NorState FCU Delivers Music in the Park

NorState FCU is proud to announce its support of Madawaska’s Music in the Park series. This popular summer event, newly named “NorState’s Music in the Park,” will be held every Thursday evening beginning mid-June through September.

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UMaine Business Challenge Announces Winners of the 8th Annual Pitch Competition

The UMaine Business Challenge, presented by Business Lending Solutions, awarded $16,000 in cash and prizes to collegiate entrepreneurs last weekend at the University of Maine in Orono.

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Discussing Money with Children During Credit Union Youth Month

In honor of CU Youth Month, Jake Holmes, the League’s Financial Outreach Coordinator, discusses the benefits of speaking with children about money in his latest financial literacy blog.

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Oral Arguments Begin in NCUA’s Appeal on FOM Rule

CUNA attended oral arguments Tuesday before a three-judge panel of the D.C. Circuit Court of Appeals in American Bankers Association’s ongoing legal challenge to the NCUA’s field of membership rule.

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How CUs are Keeping Branch Banking Alive

With fewer people visiting branches, credit unions are looking for ways to make their locations more relevant. Branch designs and employee interactions with members are evolving to meet this need.

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Job Opportunities

To post or remove a position, please email Jen Burke at jburke@mainecul.org. Information Technology

Lending Management Member Services Facilities Collections/Credit

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UPCOMING EVENTS

April 23
Regulatory Compliance Conference
Register Now.
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April 23
 Top 20 Questions About Completing the TRID Loan Estimate & Closing Disclosure
Register Now.
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April 24
Escrow Account Compliance, Including Shortages, Surpluses & Deficiencies
Register Now.
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April 25
C-Suite Series: Asset Liability Management Strategies in a Rising Rate Environment
Register Now.
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May 2
Troubled Debt Restructuring: Identifying & Accounting for Impaired Loans
Register Now.
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Register for any training or event online by using the Event Calendar link found under the Education Tab at www.mainecul.org

 

Editor:
Jen Burke
Communications and
Outreach Manager
jburke@mainecul.org


Weekly Update is written by the Maine Credit Union League.

Weekly Update - A Publication For The Maine Credit Union League
Maine Credit Union League | P.O. Box 1236 | Portland, Maine 04104 | www.mainecul.org