Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Maine CUs offset fed cuts on Keep ME Warm project
PORTLAND, Maine (1/30/12)--Maine's credit unions have collectively contributed $30,000 to the "Keep ME Warm" program in response to an urgent need to help offset cuts to the federal low-income Home Energy Assistance Program (LIHEAP), said the Maine Credit Union League.

The program is a collaboration of the 20 United Way and Community Action Programs in Maine.

The contribution will purchase nearly 9,000 gallons of fuel for families statewide. John Murphy, league president, who pre­sented the check on behalf of Maine's credit unions, praised the willingness of Maine's credit unions to come together in a cooperative effort (Weekly Update Jan. 27).

"Credit unions are located across Maine and have members in every community," Murphy said. "To credit unions, helping members goes far beyond just providing financial services, it means so much more. The op­portunity to help families in communities throughout Maine heat their homes speaks directly to what credit unions are all about."

Murphy said credit unions suggested contributing because they wanted to do something as a group. "The contribution came together in less than 72 hours," he added.


RSS print
News Now LiveWire
#NewsNow .@TheNCUA's McWatters says new risk-based capital comment period is needed. http://t.co/UyeAKudcaz
14 minutes ago
56 MILLION cards hit by #HomeDepotBreach says http://t.co/SEsYHQfSV5. See #NewsNow how #creditunions are helping http://t.co/82S4RUVltp
40 minutes ago
Tech. advances don't dampen consumer #cybersecurity concerns #NewsNow http://t.co/HNn4Hojadv
15 hours ago
.@TheNCUA board unanimously voted today to designate board member Rick Metsger as vice chairman, effective immediately.
16 hours ago
We really want to hear from our readers. Please take the News Now survey: http://t.co/BYiQ5vr5Ob
18 hours ago