National Association of Federal Credit Unions | 46th Annual Conference and Solutions Expo | July 9 - 13, 2013 | Boston

Board and Supervisory Committee Track

Bank Secrecy Act and Risk Management

Delta C

Sponsored by VantageScore Solutions

This session will cover risk management (NCUA expectations, seven major focuses and your role) and BSA compliance (OFAC, reporting goals and your responsibility) together. Board members and supervisory committee members who attend this session will gain a foundational understanding of risk management, which will help them better understand their role in managing the credit union’s BSA program. This session will help credit unions comply with NCUA training requirements regarding the Bank Secrecy Act.
Anthony Demangone, Esq., NCCO, Senior Vice President and Chief Operating Officer, NAFCU; Steve Van Beek, Esq., NCCO, Director of Regulatory Compliance, NAFCU

Credit Unions Can Buy Banks!

Delta C

GFA Federal Credit Union is in the process of acquiring Monadnock Bank, working through the regulatory hurdles, and thus it is a trailblazing initiative. The credit union formed a team of industry experts to assist in the financial analysis and legal matters. Those attending the session will gain an understanding of the best practices in analyzing the acquisition of another financial institution and the challenges and opportunities.
Tina M. Sbrega, President and CEO, GFA Federal Credit Union; Michael Bell, Attorney and Partner, Kotz Sangster; Robert Hutchinson, Head of Depository Institutions, Investment Banking, Sterne, Agee & Leach, Inc.

Top 10 Credit Union Fraud Claims and How to Prevent Them

Delta B

How does your experience with fraud stack up against other credit unions? This session will take a unique look into data provided by several major providers of credit union bond coverage. Learn about the top credit union fraud claims and the latest techniques and strategies for preventing them. Benchmark your experience against this first-of-its kind, industry-wide information share from multiple service providers.
Don Thompson, Independent Consultant, Allied Solutions, LLC

Credit Union Economics Group (CUEG) Panel

Delta C

Hear an essential discussion on the economic environment and its impact on your credit union’s operations in 2012 and beyond.
Moderator: David Carrier, Ph.D., Director and Chief Economist, NAFCU; Fred Eisel, SVP and Chief Investment Officer, First Carolina Corporate Credit Union; Dave Colby, Chief Economist, CUNA Mutual Group; John Worth, Chief Economist, NCUA

What New Directors Need to Know about the Audit Process

Delta B

According to Regulation 701.4, a credit union director is always responsible for the general direction and control of the affairs of each federal credit union. Therefore, a new director needs to know what is happening inside the credit union. But without being involved daily or micro-managing, how does a director know what is going on inside a credit union? One key way is through the auditors. This session will help you understand the full audit process to give you valuable insight into the affairs of your credit union.
Tim Harrington, C.P.A., P.C., President, T.E.A.M Resources

Advanced Asset Liability Management for Board of Directors

Delta C

In this session you will gain a clear understanding of the report construction and key pages in the Asset Liability Management analysis. You will then learn how to interpret the results and analyze these changes.
Benedict Voit, ALM Advisor, ALM First Financial Advisors

Introduction to Volunteering on Your Credit Union’s Board

Delta B

Are you new to your credit union’s board? Attend this session to get an introduction to credit union regulatory compliance, financial literacy, risk assessment, fiduciary duties and more.
Anthony Demangone, Esq., NCCO, Senior Vice President and Chief Operating Officer, NAFCU

Dealing with Regulatory and External Audits: Understanding the Issues and Questions

Delta C

This session will look at how Boards can get the most out of the audit and examination process. Learn how to get your money’s worth from the external or CPA audit and to read between the lines of the federal regulatory exam. We will look at the exit conferences and what questions directors should be ready to ask. You will walk away knowing how to ensure that management is taking corrective action on issues raised in the audit process.
Tim Harrington, C.P.A., P.C., President, T.E.A.M Resources

Understanding Financial Statements and Key Ratios

Delta B

This session will focus on the general duties of new directors, some of the frequently asked questions and how you should answer them in regards to financial statements. We will cover specific activities and risks associated with financial statements.
Benedict Voit, ALM Advisor, ALM First Financial Advisors

What Financial Statements Can and Cannot Tell You About Your Credit Union’s Sustainability

Delta C

In addition to the material changes in credit union balance sheets over the past few years, many credit unions experienced significant deposit growth at the beginning of 2012. These changes provide opportunities and challenges for credit unions. It is important for the board to understand if these changes to the financials connect with the credit union’s strategy. This session will look ahead at how changes to the credit union can impact financial statements and address how financial measures of success can be used to help assess a credit union’s sustainability.
Rob Johnson, Executive Vice President, c. myers corporation

Directors’ and Supervisory Committee Forum

Delta C

Exclusively for Board and Supervisory Committee Members
Join other credit union board and supervisory committee members to discuss the latest risks, opportunities and solutions in the credit union industry. This exclusive forum gives you the chance to interact with your peers and ask questions of NAFCU staff members about compliance, regulations and the future of the industry.
Moderated by Anthony Demangone, Senior Vice President and COO, NAFCU; and Steve Van Beek, Esq., NCCO, Director of Regulatory Compliance, NAFCU

Chairs’ Caucus

Delta D

Exclusively for Board and Supervisory Committee Members
Credit union chairs from across the country will gather to discuss the latest industry issues from a 30,000 foot view. Join in group dialogue and come away from this interactive forum with new insights and ideas that you can apply to successfully lead your credit union in 2012 and beyond!
Moderated by Karen Tyson, Senior Vice President of Marketing and Communications, NAFCU