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Monday, May 7
1:00 p.m. - 3:00 p.m.
2:00 - 5:00 p.m.Pre-Conference Workshop*
NCVE, CPE, Financial Literacy Training Certificate, Supervisory Committee Training Certificate
Presented by Anthony Demangone, NCCO, Executive Vice President and COO, NAFCU
Earn or recertify your NAFCU Certified Volunteer Expert (NCVE) designation.
Being a credit union official is no easy task. And it usually doesn't come with a job description. Both new and seasoned directors and supervisory committee members can find themselves working through issues without a firm understanding of the rules of the game. This interactive workshop, presented by NAFCU Executive Vice President and COO Anthony Demangone is designed to help you better understand your role and how the credit union system works. Demangone has spent more than a decade studying credit union boards, risk, regulation and the credit union industry.
This training session is the perfect way to show your examiner that your credit union's board takes its fiduciary duties seriously. As part of the workshop, you'll also receive the new Credit Union Director Handbook.
All workshop attendees have the opportunity to earn their NCVE designation with an exam at the end.
Additional Workshop Fee: $199 member; $280 nonmember
Additional Exam Fee: $49 member; $69 nonmember
Add the workshop and exam during registration. If you've already registered, contact us to add one or both to your existing registration.
6:00 p.m. - 8:00 p.m.Networking Reception at Rosecliff Mansion
Presented by BFB Gallagher and CUNA Mutual Group
Enjoy heavy hors d'oeuvres and cocktails while connecting with fellow credit union board members at Newport's famous Rosecliff Mansion. Constructed in 1902 as a party pavilion for one of the leading society hostesses of the Gilded Age, this snow-white fantasy in terra cotta has become a popular Hollywood stage set. It has doubled for Jay Gatsby's home in The Great Gatsby with Robert Redford, a foreign embassy in True Lies starring Arnold Schwartzeneger, and even as the White House for Steven Spielberg's Amistad, among other films.
Join us for what is sure to be a memorable occasion! The famous heart-shaped staircase welcomes you to the entrance hall. Many statues and fountains adorn the grounds. You'll also enjoy a breathtaking view of the ocean from the terrace, a panoramic vista.
Tuesday, May 8Program begins at 8:00 a.m. and adjourns at 2:00 p.m.
7:00 - 9:15 a.m.
7:00 - 8:00 a.m.Networking Breakfast
Brought to you by BFB Gallagher
8:00 - 9:15 a.m.
9:15 - 1:15 p.m.
8:00 - 8:05 a.m.
8:05 - 8:35 a.m.Washington Update
NCCO, NCRM, CPE
There's been a lot of change in Washington, D.C., and that also affects the Federal Reserve and Consumer Financial Protection Board (CFPB). Discuss the potential impact on your credit union and learn about the economic and operational trends you’ll need to pay attention to in 2018 and beyond.
8:45 - 9:45 a.m.
10:00 - 11:00 a.m.Financial Literacy Mastery
Financial Literacy Training Certificate, CPE
Satisfy your NCUA financial literacy requirement by taking your knowledge of financial statements to the next level. You’ll learn how to read balance sheets, key ratios, and income statements, plus explore asset liability management (ALM) principles and bonding requirements.
11:00 - 12:00 pm
12:00 - 1:00 pm
Our experts will breakdown what compensation looks like today based on research and data collected during the industry-wide Executive Compensation Survey conducted in partnership between NAFCU and BFB Gallagher. We will discuss trends around the country including increasing salaries, vacancies, recruiting, and NCUA regulations. Looking ahead, we explain why your credit union should be conducting market surveys and what the best practices, process, and deliverables should be. Finally, we will walk through a recent case study where a credit union board chair want to see if their new CEO was being competitively paid.
1:00 - 1:45 pm
Due to FinTech, payments, and the expectations of millennials, our industry has never been in more flux. Explore and define the questions your credit union needs to be asking—and answering—to ensure it stays relevant in the face of three important principles:
- Change is always happening
- The great organizations embrace change
- The best organizations do everything they can to control their future
2:00 - 5:30 p.m.
Wednesday, May 9Program begins at 8:00 a.m. and adjourns at 2:00 p.m.
7:00 - 8:00 a.m.
7:45 a.m. - 8:45 a.m.
8:45 a.m. - 3:00 p.m.
8:00 - 9:00 a.m.
Have you always been jealous of Marty McFly? Here’s your chance to travel through time and look at credit unions in the year 2025 – no DeLorean needed. Our industry is subject to the actions of and reactions to global banks, bond issuers, local competitors, interest rates and the complex counter party web draped across the whole money system. Before you think it’s all doom and gloom, Filene’s extensive analysis paints an overall optimistic picture and will show you:
What credit union products and services consumers will use in 2025
Which channels consumers will primarily use to access products and services
How many credit unions will be there and what the overall ecosystem that supports them will look like
How growth will be divided among credit unions of different asset sizes
What impact economic changes will have on lending
At your landing back in the present, you’ll be armed with a better understanding of what it takes to prepare for that not-so-distant future.
9:15 -10:15 a.m.Data Security for the Credit Union Board
NCCO, NCRM, CPE
The board of directors sets the direction for the Credit Union’s use of IT. The board needs to approve IT-related policies, and other strategic objectives. To carry out their responsibilities, board members must understand IT activities and risks. This session will review the current cyber security landscape from the unique perspective of the BOD.
10:30 - 11:15 a.m.BSA 2018 Update
NCCO, NCRM, NCBSO, CPE, BSA Training Certificate
Criminals are always looking for new institutions to launder money through. Help stop them—and satisfy your Bank Secrecy Act (BSA) training requirement—with this overview of the Act itself, the requirements for credit unions, and the role you play as a board member.
11:15 a.m. - 12:15 p.m.
12:15 - 1:15 p.m.Breakout Session: Supervisory Committee - Examiner Expectations for the Supervisory Committee
NCCO, NCRM, CPE, Supervisory Committee Training Certificate
Solidify your knowledge of supervisory committee duties and get your supervisory training certificate. You'll take an in-depth look at topics such as: the NCUA exam, work planning, minutes and meetings, the committee charter, and member verification. You'll also cover monitoring the annual audit and addressing member complaints.
12:15 - 1:15 p.m.Breakout Session: Board Members - Readying Your Board for the Future by Challenging the Governance Status Quo
There are so many articles and books on how to govern yet so much disappointment expressed by board members and executive leadership. Are we so caught up in "doing" things right that we forget the complexity of being a board of leaders? What are some credit unions doing to advance their level of thinking and dialogue? What are evidenced-based practices in preparing for a productive board meeting? What should be the role of the Board in strategic planning? Myers shares recent research from academics that have been practically applied, some with minimal success and others with outstanding success.
1:30 - 2:30 p.m.Breakout Session: Supervisory Committee - Emerging CU Risks of the Future
NCCO, NCRM, CPE, Supervisory Committee Training Certificate
Credit union risks are evolving. Is your credit union ready for a negative news story, or a new FinTech competitor poaching your most profitable members? It's important you be prepared to manage them from a supervisory committee perspective. You'll learn the latest in cybersecurity, rules impacting compliance risks, and more.
1:30 - 2:30 p.m.Breakout Session: Board Members Board Governance? It’s More Than a Free Lunch! How You Can Become a Better Board.
NCCO, NCRM, CPE
A board member’s duties can seem overwhelming and far reaching. In this course you'll learn the fundamental duties of a board and the best ways to carry them out. You'll also cover functions that boards often become involved in that have little benefit, or even have a negative impact on the credit union. Tips on improving efficiency in governance will be identified. Conversely, you'll explore what very effective boards do to make the best use of their time and how they guide their credit unions to become most beneficial for the membership.
3:00 - 4:30 p.m.
Thursday, May 10Program begins at 8:00 a.m. and adjourns at 11:30 a.m.
7:00 - 8:00 a.m.
8:00 - 9:00 a.m.Organizational Communication - How to Ensure Your Mission is Communicated Throughout Your Organization
Successful credit union leaders know the importance of creating a strong shared vision and mission for their teams. A compelling vision and mission inspires leaders to press forward. And, when confidently communicated to the team, an inspiring vision and mission becomes a rallying cry for all stakeholders to reach for and accomplish more. This session will provide credit union leaders with guidance on how to imagine and communicate a shared vision and mission to all levels of their organization.
9:15 - 10:15 a.m.
CEOs are requesting game-changing competencies from their board members. Board chairs are focusing on high-performing practices and conducting complex and challenging work. How can boards manage these critical challenges without becoming overworked and undervalued? Are assessments valuable? If so, what kind is best, and how should they be managed? How can a board’s agenda most effectively reflect the needs of the membership? How can a credit union’s CEO help its board stay in its lane? What is consequential governance? What is the real story behind doing away with or retaining term limits? What is the best way to structure onboarding for new board members? The speakers presents a fresh look at boardrooms that will increase optimism and lead to high-performing board practices. Five levels of board consciousness are shared in a practical application to support boards in their continuous leadership challenge for consequential governance.
10:30 - 11:30 a.m.
This is a tentative schedule, subject to change as the program develops.
*Additional fees apply. See registration page for pricing.
- Attending all courses earns you all CEUs to maintain your NCVE.
- This program qualifies for 5 credits for NAFCU Certified Compliance Officers (NCCOs).
- This program qualifies for 5 credits for NAFCU Certified Risk Managers (NCRMs).
- This program qualifies for 1 credit for NAFCU Certified Bank Secrecy Officer (NCBSOs).
5 total CPE credits for Certified Public Accountants (CPAs). Learn more.
Session Credit Information
- Program Knowledge Level: Basic
- Recommended Field of Study: See Session Descriptions
- Prerequisites: None
- Advanced Preparation: None
- Delivery Method: Group Live