News | CFTEA | Center for Financial Training & Education Alliance

Ollie’s Photoshoot and Fall Wallpaper

July 23, 2021

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

Anti-Fraud Principles

July 21, 2021

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.”

Zinaida Ramadanovic: #WhatIsMyWhy Contest

July 9, 2021

#WhatIsMyWhy Contest Winner Zinadia Ramadanovic Bar Harbor Bank & Trust Thank you for your participation Zinadia!!

Spotlight On Success: Alex Doble

June 25, 2021

Spotlight On Success Alex Doble Kennebunk Savings We talked with Alex about her CFTEA experience and this is what she had to say: ” I am a Sales and Service Representative at the Newmarket branch of Kennebunk Savings. I decided to take classes with CFTEA because I was brand new to banking and I am the kind of person that needs to know why I am doing things a certain way. I thought by taking these classes would clarify why

Appreciating Our Retiring Board Members!

June 18, 2021

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

Spotlight On Success: Danielle Worster

June 11, 2021

Danielle Worster Machias Savings Bank We spoke with Danielle on her CFTEA experience; this is what she had to say. “I started with Machias Savings bank a little over 2 years ago. I was recently promoted to Customer Service Team Leader in April of this year. Being prepared for future opportunities is very important to me. I found that CFTEA provided a great platform for me to gain the necessary knowledge to succeed in anything I chose. When I started

Welcoming New Board Member, Jenn Bailey

June 4, 2021

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

Head of the Class: Teller Training Program Opens Doors for New Mainers

June 3, 2021

(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

2021 Student Recognition Program

June 2, 2021

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.

Online Life Insurance Quote

May 22, 2021

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