Newsroom

FOR IMMEDIATE RELEASE

Denver (July 24, 2017)– Credit union professionals from across the country are gathering today to kick offthe National Association of Federally-Insured Credit Unions (NAFCU)BSA Seminarand Risk Management Seminarat the Grand Hyatt Denver. This is the first time these two NAFCU seminars are being held concurrently at the same location. Risk Management Seminar ends July 26, and BSA Seminar ends July 27.

Risk Management Seminar attendees will learn about the latest trends and considerations when developing their institutions' data and cybersecurity programs and maintaining top-notch enterprise risk management programs.

"Credit unions face a growing array of risks, particularly amid the ongoing rise in data and cybersecurity breaches, and effective enterprise risk management is essential to ensuring a sound, thriving credit union operation," said NAFCU President and CEO Dan Berger. "Risk Management Seminar attendees will learn about the latest trends in risk management and what other credit unions around the country are doing in this area, and they will leave with the knowledge they need to create and implement a risk management program that meets NCUA expectations."

The BSA Seminar will feature specific training for Bank Secrecy Act, audit, anti-money laundering and risk professionals. Attendees will learn about BSA trends and best practices, receive tools to master AML responsibilities and have the opportunity to earn theNAFCU Certified Bank Secrecy Officer, (NCBSO) a valuable designation upon taking and passing the exam.

"This is a the second year for our BSA Seminar, which provides attendees the knowledge and tools they need to guard against and flag potential money laundering threats targeting their credit unions," said Berger. "This seminar is designed by leading BSA experts and will help prepare credit union attendees to meet and exceed regulators' BSA compliance expectations."

Risk Management Seminar attendees can earn the designation ofNAFCU Certified Risk Manager(NCRM)by taking and passing an optional exam during the seminar. CurrentNAFCU Certified Compliance Officers (NCCOs)who attend will receive 16.5 continuing education units (CEUs) toward NCCO recertification.

By attending BSA Seminar, students can earn the designation of NAFCU Certified Bank Secrecy Officer (NCBSO) by taking and passing an optional exam during the seminar. CurrentNAFCU Certified Compliance Officers (NCCOs)who attend can earn 19 CEUs toward maintainingtheir NCCO designations. Additionally, current NAFCU Certified Risk Managers will automatically renew their NCRM designation. This seminar is approved by the Association of Certified Anti-Money Laundering Specialists (ACAMS) as an approved provider of 19 CAM CEUs.

These conferences are made possible by Allied Solutions. NAFCU would also like to recognize Venminder for their support.

Follow@NAFCUon Twitter with the hashtags#NAFCURiskSeminar and #BSASeminarfor the latest information on both Seminars.

The National Association of Federally-Insured Credit Unions is the only national trade association focusing exclusively on federal issues affecting the nation's federally-insured credit unions. NAFCU membership is direct and provides credit unions with the best in federal advocacy, education and compliance assistance. For more information on NAFCU, go towww.nafcu.orgor@NAFCUon Twitter.

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