Executive Leadership

NAFCU Certified Risk Manager (NCRM) Program

Certification Credits for CPAs

July 16, 2020 Add to Calendar 2020-07-16 14:00:00 2020-07-16 14:00:00 Benefit Liability Management: Offsetting Employee and Executive Benefit Expenses About the Webinar Benefit Liability Management isn’t a new concept in the credit union industry, but the current financial environment is prompting many credit unions to take a second look at it. Sometimes called Benefits Pre-funding, it is simply purchasing an otherwise impermissible investment to offset employee and executive benefit expenses. Before implementing Benefit Liability Management, several key questions must be considered. While there is no right or wrong answer, it’s important to note that each credit union must carefully decide what’s appropriate for their particular situation and their membership. Join this webinar for an overview of Benefit Liability Management and discussion of these key considerations: 1.    Which otherwise impermissible investment is right for my credit union? 2.    What investment options are available? 3.    What is the accounting treatment? 4.    What compliance review is needed? 5.    Is it necessary to use a firm to implement benefit liability management? Register for the Webinar Web NAFCU digital@nafcu.org America/New_York public

Benefit Liability Management: Offsetting Employee and Executive Benefit Expenses

July 22, 2020 Add to Calendar 2020-07-22 11:00:00 2020-07-22 11:00:00 NAFCU Roadshow: Issues Facing Midwest Credit Unions During COVID-19 Please join us as we host a special webinar for North Dakota, South Dakota, Minnesota and Iowa-based credit unions. During the webinar, NAFCU Senior Member Experience Strategist Allyson Gale will discuss what credit unions should expect in the coming months amid the COVID-19 pandemic and what NAFCU is doing to help credit unions during this difficult time. COVID-19 isn’t stopping NAFCU from what we do best; engaging with credit unions.  PROGRAM UNDERWRITTEN BY   Key Takeaways Review the Small Business Administration’s Paycheck Protection Program; Discuss regulatory relief; Learn more about what’s happening on your behalf in meetings with the NCUA and CFPB; Walk through market specific performance trends; And more! Note: The information in this webinar is tailored to North Dakota, South Dakota, Minnesota and Iowa-based credit unions. Register NowRegistration is complimentary, but you must register to attend.One registration gives your entire credit union access to the on-demand recording until July 22, 2021.Already registered? Go to the Online Training Center to view live. Who Should Attend? North Dakota, South Dakota, Minnesota and Iowa-based credit unions Education Credits This webinar doesn't qualify for any continuing education credits recognized by NAFCU or NASBA. 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

NAFCU Roadshow: Issues Facing Midwest Credit Unions During COVID-19

July 22, 2020 Add to Calendar 2020-07-22 14:00:00 2020-07-22 14:00:00 NCUA Fidelity Bond Policy for BODs: Reading Between the Lines About the Webinar  This presentation will break down the NCUA fidelity bond rule changes that took effect last October. Key takeaways from this session include:  The impact of these compliance changes on a board of directors' processes  Best practices that are not explicit but implied   Ways to leverage these changes to better protect your credit union and the larger industry Prolonged Q&A to ask remaining questions about these regulations Register for the Webinar Web NAFCU digital@nafcu.org America/New_York public

NCUA Fidelity Bond Policy for BODs: Reading Between the Lines

July 23, 2020 Add to Calendar 2020-07-23 14:00:00 2020-07-23 14:00:00 Excise Tax Update: Recent IRS Changes and Proposed Regulations About the Webinar The 2017 Tax Cuts and Jobs Act included a new Section 4960 that levied an excise tax on tax-exempt entities like credit unions. The excise tax, paid by the credit union, applies for covered employees on (1) remuneration in excess of $1 million and (2) excess parachute payments for highly-compensated employees. As expected with such wide and sweeping legislation, there were points of Section 4960 that needed further clarification. Until final regulations could be issued, the IRS allowed an organization to use its own reasonable, good faith interpretation of the statutory rules and guidance provided in IRS Notice 2019-09.  Recently, the IRS issued proposed regulations which provide needed clarifications and some new exceptions. While the proposed regulations are consistent with much of the previously issued guidance, the nuances of the new guidance and general complexity of the rules warrant careful review to ensure a credit union is fully prepared for compliance. Join us as we walk through the proposed regulations to understand the impact on your credit union’s bottom line.  Register for the Webinar Web NAFCU digital@nafcu.org America/New_York public

Excise Tax Update: Recent IRS Changes and Proposed Regulations