Maine

REGULATING AGENCY: Maine Department of Professional and Financial Regulation; Bureau of Financial Institutions

Maine State House

  • Lloyd LaFountain III, Superintendent of Financial Institutions
  • John Barr, Esq., Deputy Superintendent – Research, Administration & Legal Affairs
  • Website: maine.gov/pfr/financialinstitutions

LEAGUE:

PRIVATE SHARE INSURANCE: No


2023 STATS 
  • Largest SCU: MAINE STATE CU $602.90M in assets
  • Largest FCU: ATLANTIC REGIONAL FCU $1.14B in assets
Third Quarter 2023 SCUs FCUs Total CUs % of SCUs/Total
Total Credit Unions 12 37 49 24.49%
Credit Union Members 234,781 504,372 739,153 31.76%
Credit Union Assets $3.53B $8.16B $11.69B 30.20%

FUN FACT

The White Mountain National Forest covers nearly 800,000 acres; the forest covers a landscape ranging from hardwood forests to the largest alpine area east of the Rocky Mountains.


RECENT NEWS
State of Maine Data Breach Impacts 1.3 Million People

Nov. 17, 2023 — The US State of Maine says it has suffered a data breach impacting around 1.3 million people. According to the census from July 2022, that’s more or less the the entire population of Maine. The State of Maine says it was compromised via a known vulnerability in secure transfer service MOVEit Transfer. This vulnerability is known to be used by the Cl0p ransomware gang.

The type of stolen data varies from person to person, likely because the data breach affected multiple agencies in the State. More than 50% of the data exposed in the breach came from Maine’s Department of Health and Human Services, while between 10 and 30% came from the state’s Department of Education. The breach also impacted several other departments.


Story Archive

Click here to take a look at the stories that have been collected over the years in Maine.

What’s new in your state?
Click here to submit your state-chartered credit union news stories to NASCUS today!