Online Training

September 30, 2020 Add to Calendar 2020-09-30 14:00:00 2020-09-30 14:00:00 Why Are Some Americans Taking a Chance and Skipping Insurance? About the Webinar While Americans are mandated to protect material possessions with insurance, why is it that so many do not insure their most important asset – themselves? Insurance is something that many Americans put on the back burner. Some do not want to think about the reasons why they would need it in the first place. Some are just intimidated by the process of securing insurance, finding forms long and confusing. Some aren't aware of the importance of insurance, while others may have some misconceptions about its affordability. Register for the Webinar Web NAFCU digital@nafcu.org America/New_York public

Why Are Some Americans Taking a Chance and Skipping Insurance?

September 30, 2020 Add to Calendar 2020-09-30 14:00:00 2020-09-30 14:00:00 The FraudClassifier℠ Model: Better Fraud Data and Defense The lack of an accepted and consistent manner for categorizing payment fraud losses has created industry-wide challenges with collecting fraud data, identifying trends and mitigating risks in a timely manner. In 2019, the Federal Reserve convened industry stakeholders from across the payments ecosystem to create the Fraud Definitions Work Group and address these challenges. This diverse group of industry professionals developed the FraudClassifier model along with a roadmap to encourage industry adoption. In this session, a Federal Reserve executive will discuss the final deliverables of the work group, the long-term industry values of this model and steps your organization can take to join this effort toward fighting fraud smarter and quicker. Key Takeaways The FraudClassifier model was built by a cross-industry work group comprised of payments fraud experts. The key advantage of the FraudClassifier model is the ability to classify fraud independently of payment type, payment channel or other payment characteristics. The adoption roadmap recommends two actionable paths to adoption and includes plans to socialize the model and evolve the model in response to industry changes. Register NowRegistration is complimentary, but you must register to attend.One registration gives your entire credit union access to the on-demand recording until September 30, 2021.Already registered? Go to the Online Training Center to view live. Who Should Attend? NAFCU Certified Compliance Officers (NCCOs) NAFCU Certified Bank Secrecy Officers (NCBSOs) NAFCU Certified Risk Managers (NCRMs) Compliance, BSA and Risk titles Education Credits NCCOs will receive 1.5 CEUs for participating in this webinar NCBSOs 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: The FraudClassifier model was built by a cross-industry work group comprised of payments fraud experts. The key advantage of the FraudClassifier model is the ability to classify fraud independently of payment type, payment channel or other payment characteristics. The adoption roadmap recommends two actionable paths to adoption and includes plans to socialize the model and evolve the model in response to industry changes. 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: Group Internet-Based 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

The FraudClassifier℠ Model: Better Fraud Data and Defense

Credits: NCCO, NCRM, NCBSO, CPE

October 13, 2020 Add to Calendar 2020-10-13 14:00:00 2020-10-13 14:00:00 Effective Member Risk Management: Identification and Minimization of Risk to Your Credit Union With constantly changing technology and expanding membership bases in the credit union industry, risk to which your credit union may be exposed is constantly changing. Identifying and addressing risk exposure is vital to the operations of all credit unions, regardless of size. Since a “one size fits all approach” is not appropriate, credit unions must develop and execute a risk assessment and management approach that is right for that credit union based upon its size, membership composition and available resources. Learn how your credit union can address and manage the various risks to which it may be exposed. Key Takeaways Discuss the elements involved in assessing risk for your credit union Review applicable NCUA regulations and guidance Understand necessary policies, procedures and agreements Analyze products, services, vendors and member accounts Learn how to deal with members and/or products that pose unacceptable risk to the credit union Discuss analysis of insurance issues Register Now$295 Members | $395 Nonmembers (Additional $50 for CD)One registration gives your entire credit union access to the on-demand recording until October 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 Chief Operating Officers (COOs) Risk 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: Discuss the elements involved in assessing risk for your credit union. Review applicable NCUA regulations and guidance. Understand necessary policies, procedures and agreements. Analyze products, services, vendors and member accounts. Learn how to deal with members and/or products that pose unacceptable risk to the credit union. Discuss analysis of insurance issues. 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: Management Services  – 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

Effective Member Risk Management: Identification and Minimization of Risk to Your Credit Union

Credits: NCCO, NCRM, CPE

October 15, 2020 Add to Calendar 2020-10-15 14:00:00 2020-10-15 14:00:00 What You Need to Know About State and Federal Notice of Cyber Breaches With cyber laws and guidance being released both at the state and federal level, it can be challenging to interpret and implement notice of breach provisions and ensure they are followed by both your institution and its third-party vendors. This aspect of vendor management and operational risk should be front-and-center because the consequences for failing to comply can be costly. Key Takeaways Discuss what is at stake with notices of breach from regulatory agencies Understand why state statutes for notice of breach provisions are important Review how the state statutes can align or conflict with federal guidelines Learn best practices on working with other departments for effective implementation Walk through a primer on notification processes: what, when and how to disclose in terms of data Gain an understanding of the role of vendors as part of the notification process Register Now$295 Members | $395 Nonmembers (Additional $50 for CD)One registration gives your entire credit union access to the on-demand recording until October 15, 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) NAFCU Certified Bank Secrecy Officers (NCBSOs) Compliance staff BSA staff Risk 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. NCBSOs 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: Discuss what is at stake with notices of breach from regulatory agencies. Understand why state statutes for notice of breach provisions are important. Review how the state statutes can align or conflict with federal guidelines. Learn best practices on working with other departments for effective implementation. Walk through a primer on notification processes: what, when and how to disclose in terms of data. Gain an understanding of the role of vendors as part of the notification process. 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: Information Technology – Technical and 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

What You Need to Know About State and Federal Notice of Cyber Breaches

Credits: NCCO, NCRM, NCBSO, CPE

October 16, 2020 Add to Calendar 2020-10-16 14:00:00 2020-10-16 14:00:00 ACH Rules and the Current Nacha Direction Nacha recently issued eight proposals related to rule changes in authorization practices, consumer unauthorized return rights and the ways that information can be captured for records in the ACH Network.  Additionally, rule implementations continue in 2020 and 2021 for the ACH Contact Registry, Same Day ACH, internet debits and data security.  While business rolls on, the industry and the world continue to deal with the impacts of the coronavirus pandemic.  Thanks to the hard work and dedication of financial institutions, the ACH Network continues to move funds for salaries, Social Security, tax refunds, veterans benefits, insurance claim payments, pension payments, expense reimbursements—and handle the influx of payments related to the CARES Act.  This session will provide attendees with the opportunity to ask questions related to ACH rules and the current Nacha direction. Key Takeaways Walk through recently passed ACH Rule changes, including those that impact the amount of time in which a consumer may claim an entry as unauthorized Discuss innovation supported in the ACH Network, such as conversational payments (i.e., Alexa) Review covid related impacts on the ACH Network, enforcement and guidance provided related to recent, related scams Register NowRegistration is complimentary, but you must register to attend.One registration gives your entire credit union access to the on-demand recording until October 16, 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, legal, paralegal, attorney, risk and accounting 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: Walk through recently passed ACH Rule changes, including those that impact the amount of time in which a consumer may claim an entry as unauthorized. Discuss innovation supported in the ACH Network, such as conversational payments (i.e., Alexa). Review covid related impacts on the ACH Network, enforcement and guidance provided related to recent, related scams.  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

ACH Rules and the Current Nacha Direction

Credits: NCCO, NCRM, CPE

October 20, 2020 Add to Calendar 2020-10-20 14:00:00 2020-10-20 14:00:00 Insurance Issues in the Time of COVID As the COVID-19 health crisis lingers, businesses continue to look to insurance for protection against losses due to revenue loss, cancelled events, government shutdown orders, and other coronavirus-related losses and resulting litigation. Join two Hunton Andrews Kurth insurance coverage attorneys, Sergio F. Oehninger and Geoffrey Fehling, as they discuss the complex issues involving insurance for COVID-19 losses. Attendees will leave this webinar with a better understanding of what policies may provide coverage for losses incurred during and after the COVID-19 pandemic; the importance of reviewing insurance policies to evaluate the adequacy of coverage both before and after a loss arises; and practical tips to navigate tricky areas such as notice, loss submissions and policy renewals. Key Takeaways Discuss the myth of “No coverage for COVID-19” that insurers and traditional media outlets are saying Review policies before a claim arises to be prepared and protected by insurance for the next loss Discuss COVID-19 claims tied to shutdown orders, business closures, loss of use of business facilities and similar suspended operations Register NowRegistration is complimentary, but you must register to attend.One registration gives your entire credit union access to the on-demand recording until October 20, 2021.Already registered? Go to the Online Training Center to view live. Who Should Attend? NAFCU Certified Risk Managers (NCRMs) Chief Operating Officers (COOs) Chief Financial Officers (CFOs) Risk staff Education Credits 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: Discuss the myth of “No coverage for COVID-19” that insurers and traditional media outlets are saying. Review policies before a claim arises to be prepared and protected by insurance for the next loss. Discuss COVID-19 claims tied to shutdown orders, business closures, loss of use of business facilities and similar suspended operations.  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: Specialized Knowledge – 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

Insurance Issues in the Time of COVID

Credits: NCRM, CPE

October 22, 2020 Add to Calendar 2020-10-22 14:00:00 2020-10-22 14:00:00 Navigating Mergers and Acquisitions During these uncertain times, credit union mergers are a hard reality to face. We strive to strengthen credit unions with as much support as possible to maintain steady growth and success. While NAFCU does not encourage credit unions to merge, we realize mergers are a part of our industry’s reality. Please join us for a discussion on must-know concepts regarding mergers and other similar transactions, including bank and credit union branch acquisitions. This “101” presentation will focus on key concepts that will let you focus on the opportunities that will work for you, and the strategies that will bring you success.  Again, NAFCU does not encourage mergers, but if you are considering one, we want you to be armed with helpful information. Key Takeaways Understand how to identify early whether merger or purchase/sale opportunities will bring material benefits Discuss strategic questions to ask your credit union whether merger is right for you (or how to stay independent) Review how to navigate major un-written rules in the application process Gain knowledge about member votes and communications Register Now$295 Members | $395 Nonmembers (Additional $50 for CD)One registration gives your entire credit union access to the on-demand recording until October 22, 2021.Already registered? Go to the Online Training Center to view live. Who Should Attend? Chief Executive Officers (CEOs) Executive Vice Presidents (EVPs) Chief Financial Officers (CFOs) 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: Understand how to identify early whether merger or purchase/sale opportunities will bring material benefits. Discuss strategic questions to ask your credit union whether merger is right for you (or how to stay independent). Review how to navigate major un-written rules in the application process. Gain knowledge about member votes and communications.  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: Finance – 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

Navigating Mergers and Acquisitions

Credits: NCCO, NCRM, CPE