FACT Act-Understanding and Complying with NCUA's Affiliate Marketing Rule

February 6, 2008 Webcast
2:00 p.m. – 3:30 p.m. Eastern Time

Download a Registration Form  
Register Online (you must be logged in)
2008 Webcasts  Archived Webcasts   System Requirements

The final FACT Act regulation regarding how your credit unions and their affiliates/CUSOs use member/consumer information for marketing purposes has been issued and the compliance deadline is on the horizon. The final rules generally prohibit a credit union from using information received from an affiliate to make a solicitation for marketing purposes to a member or consumer, unless that person is given notice and a reasonable opportunity and a reasonable and simple method to opt out of the making of such solicitations.

This new law becomes effective on January 1, 2008, with a mandatory compliance date of October 1, 2008.

Please join us for a webcast that will help you better understand the affiliate marketing regulation and address the following issues:

·        Determining whether the rule affects your credit union

·        Information covered under the rule

·        Marketing restrictions, and available exceptions

·        Required disclosures, and who must make them

·        How the regulations interact with NCUA's Privacy Rule

Even if your credit union doesn't have a CUSO or affiliate now, you need to understand this rule if your credit union is thinking of adding an affiliate or CUSO in the future.

Speakers:

Anthony Demangone, Esq., NCCO, Director, Regulatory Compliance

Broadcast live from NAFCU’s Headquarters in Arlington, VA.

Who Should Participate:

* Any credit union staff member that works with your affiliates/CUSOs.

NCCOs will receive 1.5 continuing education units for participation.                                   

Early bird registration deadline:    January 30, 2008