Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Resolution, New Time Highlight Maine CU Day At State House
AUGUSTA, Maine (4/1/13)--The passing of a joint legislative resolution recognizing the value of Maine's credit unions, and a revamped lunch-time format highlighted Maine Credit Union Day at the State House in Augusta, said the Maine Credit Union League.

Underscored by one of the largest turnouts of credit union representatives and legislators in recent years, credit unions statewide were represented, and legisla­tors appreciated speaking with representatives from their local credit unions, the league said  (Weekly Update March 29).

"The value of building and strengthening relation­ships between local credit unions and their legislators is significant," said league President John Murphy. "It re­ally reinforces how community-oriented and locally focused Maine's credit unions are to legislators."

As part of Credit Union Day, the Maine House and Senate passed a Joint Resolution recognizing Maine's credit unions and the economic benefit they provide to Maine con­sumers. "Maine consumers save $38 million annually by using a credit union, as a result of lower and fewer fees on products and services, lower interest rates on loans and higher interest rates on savings," the resolution stated.

"We have a number of im­portant issues we are involved with this session so having such a large pres­ence at this event reinforces the strength and high level of involvement of Maine's credit unions in the legislative process," Murphy said.

In a switch from previous Credit Union Days, the league's Governmental Affairs Team opted to change the time of the event from a breakfast activity to lunchtime to better accommodate the session schedule of the legislature and to make it more convenient for credit unions.
RSS print
News Now LiveWire
September is National Preparedness Month. Read how your CU can get ready in #NewsNow #NPM @AgilityRecovery @Readygov
8 29 ago
Bay Area #creditunions featured in @SFBusinessTimes article http://t.co/SE7W81Ulia
8 29 ago
#NewsNow: 8 CU advisory board, new senior leaders named at @CFPB. http://t.co/EPKgHEDRRN
8 29 ago
#NewsNow: @FTC warns of government impostor scams. http://t.co/MMWBOcrqwJ
8 29 ago
Registration open for @CUNAMutualGroup's Discovery Conference #NewNow http://t.co/CATF0j9ct1
8 29 ago