Live Webcast: Wednesday, January 25, 2012 • 2:00 p.m. - 4:00 p.m. EST

On-Demand Webcast Available until January 25, 2013  

To see a copy of the questions and answers from the live webcast, please click here. 

Open to all credit unions, regardless of membership or charter type!  

Since the beginning of the financial crisis and more recently with NCUA’s amendment to its Accuracy of Advertising regulation, share insurance has been, and continues to be a top compliance concern.

Ensure your credit union is up-to-date and accurately meeting NCUA’s expectations regarding share insurance coverage by joining NAFCU for a special 2-hour webcast that will provide a detailed look at the share insurance coverage and regulations and will provide a detailed presentation on NCUA’s expectations for disclosing the credit union’s insured status on advertisements.

In light of NCUA’s letter to Credit Unions 08-CU-18 highlighting the importance of educating members on their share insurance coverage, this information is especially important as new members transition from banks to credit unions. This webcast will also highlight tools your credit union can use to help educate members on NCUA’s share insurance coverage.

The presentation will provide you with:

• A walkthrough of NCUA’s Share Insurance calculator; 
• Options for providing share insurance information to members; 
• A review of NCUA materials available to credit unions 
• A review of the recent changes; 
• An overview of disclosure options available to credit unions; 
• A detailed look at the new font size requirements; and 
• Refresher on disclosure requirements for the NCUA Official Sign.

The presentation will cover the share insurance coverage for:

• Individual Ownership Accounts; 
• Joint Ownership Accounts; 
• Revocable Trust Accounts (including Payable-on-Death accounts); 
• Complex Revocable Trust Situations; 
• Business Accounts; 
• Retirement Accounts; 
• Noninterest Bearing Transaction Accounts; and 
• Credit Union Mergers.
  

Industry Leading Speaker 

Steven Van Beek, Esq., NCCO
Director of Regulatory Compliance
NAFCU

Steve is responsible for all aspects of NAFCU's compliance assistance program and compliance-related products and services.  He previously served as Regulatory Compliance Counsel at NAFCU, where he assisted credit unions with a variety of compliance issues, addressed regulatory topics at NAFCU events and authored compliance articles for NAFCU publications, including the popular NAFCU Compliance Blog. Prior to that, Van Beek joined NAFCU as an intern with the regulatory compliance and regulatory affairs divisions.

Van Beek is a graduate of the George Mason University School of Law and is a member of the Virginia State Bar.  He received a bachelor’s degree in economics from Hope College in Holland, Michigan.

Credit Union staff that will benefit from this webcast include:

All credit union employees interested in learning about NCUA’s share insurance coverage will benefit from this webcast including:

As always, viewers are encouraged to submit questions during the webcast. Due to the detailed nature of most share insurance questions, Van Beek will be providing a follow-up question and answer document to viewers following the webcast.

Registration Fees

On-Demand webcasts are available for up to 12 months after the live broadcast and are included in the registration fee.  All NCCO's will receive 2 CEU's for their participation in this webcast, so please download the affidavit to complete and fax it to (703) 524-1082.

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