NASCUS Announces Upcoming Webinars on Risks Associated with Business Accounts, SAFE Act, CARD Act and Compliance Issues for Directors
Oct. 12, 2011 - Registration is open for a number of NASCUS educational opportunties this fall.
November 3, 2011
Risks Associated with Business Accounts
1:00 p.m. Eastern
Join Ken Otsuka a Senior Consultant - Risk Management in the Credit Union Protection Risk Management Department for CUNA Mutual Group. During this webinar Mr. Otsuka will cover the following areas:
*New account verification procedures;
*Remote deposit capture for businesses;
*Front-line check acceptance procedures;
*Overview of business account kiting schemes;
*Risk of dual signature checks;
*Online banking for business members;
*Wire transfers; and
This webinar is open to credit unions and examiners. The fee for the webinar is $149 for members. To register click here.
November 15, 2011
SAFE Act Strategies
2:30 p.m. Eastern
Just when you thought you understood the risks and requirements associated with a modern real estate lending program, we have another sweeping regulatory mandate designed to address problems in the mortgage marketplace. The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) constituted a major new housing law that will impact both federal and state chartered credit unions as well as CUSOs that originate real estate loans.
The SAFE Act is designed to enhance consumer protection and reduce fraud by requiring states to establish minimum standards for the licensing and registration of mortgage loan originators. The law makes additional provisions governing background checks, initial training for loan originators, and maintenance of a publicly-accessible database of employment and disciplinary history on loan originators.
Join David Reed, Reed & Jolly PLLC as he breaks down the SAFE Act requirements and provides insight for effective examination strategies. This webinar is open to credit unions and examiners. The fee for the webinar is $149 for members. To register click here.
December 1, 2011
Critical Compliance Issues for Directors
1:00 p.m. Eastern
Join Heather Line, Compliance Guru from the Utah Credit Union Association for a webinar on compliance issues for directors.
Ms. Line will cover important compliance changes within the last 18 months, upcoming changes, existing compliance requirements that remain on regulators' radar and the board of director's obligations in regards to compliance.
She will specifically cover mortgage lending regulations, board financial literacy requirements and the Bank Secrecy Act among other topics.
This webinar is open to credit unions and examiners. The fee for this webinar is $149. To register click here.
January 10, 2012
Credit Card Act Update
1:00 p.m. Eastern
Credit cards didn't cause the mortgage melt-down in 2008 but the new rules adopted in 2009 and 2010 responded aggressively to consumer concerns about the marketing and operation of many credit card products. It's time to make sure you cross the t's and dot the i's. in this area of compliance.
This webinar will cover when and how you can change the interest rate on your card, the way you must disclose significant changes, the opt-in and opt-out rights of consumers, timing requirements for your periodic statements and the difference between a business and consumer credit card.
Join Bruce Jolly, Reed and Jolly, PLLC, as he reviews the marketing of credit cards to youth, including college students and the other ways the CARD Act protects young consumers. This webinar will look at the rules applicable to gift cards and some state escheat requirements that affect gift cards.
This webinar is open to credit unions and examiners. The fee for this webinar is $149 for members. To register click here.