At CFTEA, we hope you are having an amazing summer! Our quarterly newsletter – the CFTEA Insider – has arrived! This brief and informative newsletter provides a special insider look at our educational non-profit. Your time is important and this quick read is a great resource including early access to upcoming Fall 2021 classes! Click the image to gain access to our third edition this year!
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Ollie is already planning ahead for Fall – his favorite season! Summer is coming to an end, and you know what that means: Fall is on its way. Starbucks has announced its famous pumpkin spice latte coming August 25 (already?!), your favorite stores are bringing out the cozy sweaters and scarves, and your local Target is fully stocked with back-to-school gear. If you’re a die-hard autumn lover who gets giddy with the chilly weather and colorful foliage every year, you’re
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The risk of fraud is a serious concern for all types of organizations, for which a damaged reputation can have devastating consequences. It is important to appreciate the gift of trust and also have strategies in place that provide strong internal controls. As with all risk issues, the ultimate responsibility for identifying gaps and developing fraud controls rests with management. To meet this responsibility, management should avoid complacency and not assume that if fraud occurs “the auditors will catch it.”
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#WhatIsMyWhy Contest Winner Zinadia Ramadanovic Bar Harbor Bank & Trust Thank you for your participation Zinadia!!
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CFTEA is a non-profit that is thrilled to develop and work with impactful leaders. As we close out our fiscal year, a number of our board members are finishing their time with us. They have been critical in their influence and leadership in standing out as career champions! We are focusing on the fond memories and wishing them well in the new chapters of their life! But, they will be greatly missed and their impact in guiding our non-profit, especially
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A huge welcome to our newest board member: Jenn Bailey of Claremont Savings Bank! Jenn comes to CFTEA with a number of years of banking experience and is a former student. She worked for a non-profit for 12 years before entering the banking world. Jenn is a Branch Manager at Claremont Savings Bank and is looking to become an impactful leader with the CFTEA board. Jenn’s enthusiasm and people-focus are a great fit as she gains board experience. With how
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(From Mainebiz) – Out of 14 immigrants who graduated from the New Mainer Teller Training Program in April, three quickly landed jobs with local financial institutions—two as tellers and one as a collections specialist. That bodes well for the next installment of the 12-week program run by Portland Adult Education in partnership with the New Mainers Resource Center, six banks and credit unions, ProsperityME, the Center for Financial Training and Education Alliance, and the Portland Regional Chamber of Commerce. Participating financial
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Announcing 2021 Student Awards Each year, CFTEA provides a student awards program, usually with dinner, to celebrate the amazing accomplishments of our students and to recognize their hard work. Despite the global pandemic, this year is no exception! While the program will be conducted virtually for the second year in a row for health and safety reasons, CFTEA is proud to announce those that are receiving awards during a most challenging year! Click to gain access to the finalized list.
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Is employer provided life insurance enough? Spoiler: It’s probably not enough Employer-sponsored policies typically offer coverage that is about 1-2X your annual salary. However, financial experts recommend having coverage that is about 10X your salary. That can result in a large gap in protection if you’re solely relying on your policy through work. Think about all of your family’s expenses (mortgage payments, childcare, college tuition, living expenses), and ask yourself: Would my coverage through work be enough to take care of my family if
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A huge welcome to our newest board member: Terri Cook of Maine Community Bank which includes Biddeford Savings and Mechanics Savings. Terri is VP, Retail Operations Manager at Maine Community Bank and is a past council member with CFTEA. She has extensive non-profit board experience in the community, such as the United Way and Make-A-Wish, and over twenty years experience with financial institutions. Terri has her Bachelor of Science in Business Administration as well as being a graduate from the
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