This is standard practice for the Mailman list server software.

There is an option to disable the sending of monthly reminders.

You absolutely should *not* be using any password you care about (ie.
one that you use elsewhere) for mailing lists or any other source that
is not completely trusted or in your control.  There are a number of
reasons, such as: a) the password is not encrypted, b) it is available
to anyone who manages the mailing list, c) the password is stored/sent
in clear text.  Any compromise gives additional information to others
about attacking your sites/services/hosts/etc.
> Call me paranoid
The threat is real, so this is not paranoia - but using the same
password on many sites increases your risks, not reduces them, so your
fears are well-founded, but preventable.


-- 
MrC
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