Compliance, Risk & BSA

NAFCU Certified Compliance Officer (NCCO) Program

NAFCU Certified Bank Secrecy Officer (NCBSO) Program

NAFCU Certified Risk Manager (NCRM) Program

July 13, 2020 Add to Calendar 2020-07-13 14:00:00 2020-07-13 14:00:00 How to Strengthen Your Credit Union’s Compliance Culture The compliance culture of an organization is very important. It’s not about purely ticking the box to appease regulators. It’s something, that if done right, can have real positive impact for your organization. If done wrong, the culture and regulatory impact can be severe. Don’t get into this predicament. During this webinar, we’ll discuss best practices for strengthening your credit union’s compliance culture. PROGRAM UNDERWRITTEN BY   Key Takeaways Identify enhancement opportunities in your compliance culture through a needs analysis Create different strategic approaches that can have a big impact on your compliance culture Design an atmosphere that reduces the amount of risk in your organization Ensure effectiveness measurements are created to identify problematic areas and learn from lessons past Register Now$295 Members | $395 Nonmembers (Additional $50 for CD)One registration gives your entire credit union access to the on-demand recording until July 13, 2021.Already registered? Go to the Online Training Center to view live. Who Should Attend? NAFCU Certified Compliance Officers (NCCOs) NAFCU Certified Risk Managers (NCRMs) Compliance staff Risk staff Legal staff Audit staff Education Credits NCCOs will receive 1.5 CEUs for participating in this webinar. NCRMs will receive 1.5 CEUs for participating in this webinar. CPA credit information is below; recommended 1.5 CPE credits. CPA Certification Credit Information Reviewer: Josie Collins, Associate Director of Education, NAFCU Learning Objectives: Identify enhancement opportunities in your compliance culture through a needs analysis. Create different strategic approaches that can have a big impact on your compliance culture. Design an atmosphere that reduces the amount of risk in your organization. Ensure effectiveness measurements are created to identify problematic areas and learn from lessons past.  Program Level: Basic Prerequisites Needed: None Advance Preparation Needed: None Delivery Method: Group Internet-Based Recommended CPE Credits: 1.5 credits Recommended Field of Study: Regulatory Ethics - Technical National Association of Federal Credit Unions (NAFCU) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. Learn more. About Our Webinars Our webinars are streamed live from NAFCU headquarters near Washington, D.C. Your audio/video feed of the presenters includes presentation slides and downloadable handouts. You can easily submit your questions to the presenters at any time during the live broadcast, with no dialing over the phone! The audio and video stream directly through your computer. Web NAFCU digital@nafcu.org America/New_York public

How to Strengthen Your Credit Union’s Compliance Culture

Credits: NCCO, NCRM, CPE

July 14, 2020 Add to Calendar 2020-07-14 14:00:00 2020-07-14 14:00:00 Real Estate Collections in the Pandemic World: Being Proactive While Protecting the Bottom Line Do you hear that sound in the distance?  It is the approaching real estate delinquency wave and it is heading right for us!  It is almost impossible to underestimate the impact of COVID-19 to the lives of your members and ultimately to your credit union’s operations.   Once you have mastered your new virtual workflow and all of the accompanying technology issues, you need to fully embrace the personal impact of the pandemic is having on your members’ lives and ultimately their ability to pay. While almost all federal and state regulatory guidance encourages credit unions to work with borrowers who are negatively impacted because of the effects of COVID-19, the credit union must tread carefully. There’s a fine line between member service and safety and soundness and you need to be able to recognize it. At some point the forbearances and other extraordinary assistance will end and some of your members will realize they can no longer afford their homes.  This interactive session will discuss key points in evaluating your current real estate collections program and making practical adjustments to protect both your members and your bottom line. Join recovering collections attorney and credit union veteran David Reed as he walks you through recent guidance and best practices in real estate collections. Key Takeaways Review real estate collections basics Discuss recent regulatory guidance Understand the Impact of eviction and foreclosure moratoriums Learn Allowance for Loan and Lease Losses (ALLL) considerations Review best practices for real estate collections during the pandemic Register Now$295 Members | $395 Nonmembers (Additional $50 for CD)One registration gives your entire credit union access to the on-demand recording until July 14, 2021.Already registered? Go to the Online Training Center to view live. Who Should Attend? NAFCU Certified Compliance Officers (NCCOs) NAFCU Certified Risk Managers (NCRMs) Legal staff Education Credits NCCOs will receive 1.5 CEUs for participating in this webinar. NCRMs will receive 1.5 CEUs for participating in this webinar. CPA credit information is below; recommended 1.5 CPE credits. CPA Certification Credit Information Reviewer: Josie Collins, Associate Director of Education, NAFCU Learning Objectives: Review real estate collections basics. Discuss recent regulatory guidance. Understand the Impact of eviction and foreclosure moratoriums. Learn Allowance for Loan and Lease Losses (ALLL) considerations. Review best practices for real estate collections during the pandemic. Program Level: Basic Prerequisites Needed: None Advance Preparation Needed: None Delivery Method: Group Internet-Based Recommended CPE Credits: 1.5 credits Recommended Field of Study: Regulatory Ethics - Technical National Association of Federal Credit Unions (NAFCU) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. Learn more. About Our Webinars Our webinars are streamed live from NAFCU headquarters near Washington, D.C. Your audio/video feed of the presenters includes presentation slides and downloadable handouts. You can easily submit your questions to the presenters at any time during the live broadcast, with no dialing over the phone! The audio and video stream directly through your computer. Web NAFCU digital@nafcu.org America/New_York public

Real Estate Collections in the Pandemic World: Being Proactive While Protecting the Bottom Line

Credits: NCCO, NCRM, CPE

July 16, 2020 Add to Calendar 2020-07-16 14:00:00 2020-07-16 14:00:00 Cutting Expenses During a Pandemic “We need to reduce expenses by 10 percent across the board,” is what we are hearing a number of credit union senior management teams say.  The objective of containing or even reducing operating expenses can be appropriate in light of tremendous uncertainty.  However, the end result must be a stronger, more competitive organization with a compelling value proposition.  It is very likely that traditional approaches to quality member acquisition, cross-selling, and delivery of financial services has forever changed.  Hunkering down and cutting expenses without the desired strategic outcomes top of mind is a huge mistake that is entirely avoidable.  This webinar offers a process that participants can readily put into action, helping leadership drive dual objectives of containing expenses and remaining highly competitive in today’s whirlwind of ambiguity. Key Takeaways Review four key business model questions that are tough to answer, yet still need to be addressed Understand why it is essential to reach clarity and prioritize financial measures of success Discuss why the timing of pulling key financial levers is so important for senior management and the board to understand Learn a proven process that uses data, and strategic financial and capital planning, to help leadership prioritize decisions, move into action, and have the flexibility to quickly adjust to continue driving strategic strength Register Now$295 Members | $395 Nonmembers (Additional $50 for CD)One registration gives your entire credit union access to the on-demand recording until July 16, 2021.Already registered? Go to the Online Training Center to view live. Who Should Attend? Chief Executive Officers Executive Vice Presidents Chief Financial Officers Education Credits NCCOs will receive 1.5 CEUs for participating in this webinar. NCRMs will receive 1.5 CEUs for participating in this webinar. CPA credit information is below; recommended 1.5 CPE credits. CPA Certification Credit Information Reviewer: Josie Collins, Associate Director of Education, NAFCU Learning Objectives: Review four key business model questions that are tough to answer, yet still need to be addressed. Understand why it is essential to reach clarity and prioritize financial measures of success. Discuss why the timing of pulling key financial levers is so important for senior management and the board to understand. Learn a proven process that uses data, and strategic financial and capital planning, to help leadership prioritize decisions, move into action, and have the flexibility to quickly adjust to continue driving strategic strength. Program Level: Basic Prerequisites Needed: None Advance Preparation Needed: None Delivery Method: Group Internet-Based Recommended CPE Credits: 1.5 credits Recommended Field of Study: Business Management & Organization – Non-Technical National Association of Federal Credit Unions (NAFCU) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. Learn more. About Our Webinars Our webinars are streamed live from NAFCU headquarters near Washington, D.C. Your audio/video feed of the presenters includes presentation slides and downloadable handouts. You can easily submit your questions to the presenters at any time during the live broadcast, with no dialing over the phone! The audio and video stream directly through your computer. Web NAFCU digital@nafcu.org America/New_York public

Cutting Expenses During a Pandemic

Credits: NCCO, NCRM, CPE