SEMINAR OVERVIEWAdvanced Operational Compliance Issues
Account Inactivity, Dormancy, and Escheat Issues
Helloooo, is anyone out there? Set up the proper notifications and understand the rules for handling inactive accounts.
Proper Handling of Subpoenas, Levies and Other Legal Processes
There’s no need to panic when a subpoena, levy and other legal document arrives. As with everything else, you need the right policies and procedures in place so everyone at the credit union knows what to do first.
Powers of Attorney
Learn how to review the Power of Attorney document closely to see what powers are authorized.
Elder Abuse Issues
If you believe a member’s account is being accessed by an unauthorized person, learn how and when to report suspicious transactions.
Trust Accounts
Learn about the different types of trusts that credit unions can offer and the correct documentation for opening a trust. Understand the practical considerations for The Uniform Gifts to Minors Act (UGMA) and the Uniform Transfers to Minors Act (UTMA).
Overdraft Privilege Rules
Consumers have written checks for more than their available balance since checking accounts were invented. Get an update on the compliance issues and audit considerations for overdraft privileges.
Serving Non-U.S. Citizens
Learn what documentation you need when a foreign individual opens an account.
Sarbanes-Oxley Act
The NCUA Letter to Federal Credit Unions (No. 03-FCU-07) notes that while the Sarbanes-Oxley Act does not apply to credit unions, certain provisions may be appropriate for some credit unions to consider.
Vendor Management and Due Diligence Obligations
This year, the NCUA has made it clear that third party relationships are a top focus for regulatory examinations. Examine the regulatory requirements for vendor due diligence to ensure you have an adequate vendor management program.
Compliance Hot Topics
Get a "heads up" on new and pending rules, laws, and regulations. Discuss compliance training requirements and other insights.
Commercial Account ABCs
If your credit union offers accounts for sole proprietorships, partnerships, or corporations, you need to understand how to handle these "non-consumer" accounts. If this topic is not applicable to you, feel free to skip this session.
For more program content information or to request a brochure call 800-356-9655, ext. 4882, or email abollman@cuna.coop. For registration questions, call 800-356-9655, ext.4400 or e-mail reginfo@cuna.coop.
Affiliation with CUNA/League is required for attendance.
CANCELLATIONS
Cancellations received in writing (via fax 608-231-4327) before the end of business on October 14, 2008 are eligible for a refund of the amount paid minus a
$50 administrative fee. No refunds will be granted for cancellation requests received after October 14, 2008. Substitutions are accepted anytime prior to the start of the program at no additional cost. Simply fax event and contact information, listing the new participant and who they will be replacing. Cancellation fees do not apply for free or complimentary programs.
