May 13, 2014

BoD and Supervisory Committee Conference opens

May 14, 2014 – Credit union volunteers will get an in-depth understanding of board fiduciary responsibilities and the role of the supervisory committee and networking opportunities with their peers during NAFCU's 2014 Board of Directors and Supervisory Committee Conference, which kicks off today and runs through Friday in Maui, Hawaii.

"With the continuing challenges facing credit unions, it is vital that board and supervisory committee members have the information this conference offers so they can help protect their institutions' bottom lines," said NAFCU President and CEO Dan Berger. "The program's sessions and speakers will help attendees prepare to lead their credit unions soundly into the future."

The conference kicks off today with a keynote message from Tim Harrington of TEAM Resources, to be followed with a "Washington Update" from NAFCU's Berger. Former NCUA Board Member Geoff Bacino will lead a two-part session on emerging risks for credit unions.

Also speaking today:

  • Randall Romes and Greg Schwartz of CliftonLarson Allen LLP, on fraud prevention and detection;
  • Mike Mossell of McGladrey, Frank Serina of Members 1st FCU and Susan Geear of DDJ Myers, on enterprise risk management and the role of the supervisory committee; and
  • NAFCU Executive Vice President and COO Anthony Demangone on the Bank Secrecy Act, fiduciary duties and interest rate risk.

NAFCU members and nonmembers are welcome at this conference, and attendees can earn NAFCU financial literacy, supervisory committee and Bank Secrecy Act training certificates. Attendees can also earn continuing professional education credits for CPAs.

Next year's conference will be held May 11-13 at Marriott Louisville Downtown in Louisville, Ky. Get email updates on the conference.