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2016 Compliance Alert Seminars – Alert! New BSA Regulations
Friday, August 12, 2016 6:25 AM

New Customer Due Diligence (CDD) regulations are effective July 11, 2016, and credit unions must comply by May 11, 2018. These regulations affect many areas of the credit union, especially new member account opening processes. Small and large FIs alike must comply with these new rules.

Join us in October for a special Compliance Alert Seminar to look at the new CDD and BSA regulations and their impact.

Four elements to the new CDD regulation affect legal entities and three elements affect consumer accounts. It will take credit unions a year or so to see how to retain beneficial owner information, where to store it on their system, and how to document legal entity accounts. It will be an integrated process that will require understanding about how the new regulations interconnect with your BSA program, new member process, and ultimately tracking member activity based on the risk-rating questions.

Houston, Oct. 3
Early Bird Deadline: Aug. 25
Regular Rate Deadline: Sept. 19

Doubletree Hotel Houston Hobby Airport
8181 Airport Boulevard
Houston, TX 77061
Register Now

Dallas, Oct. 4
Early Bird Deadline: Aug. 25
Regular Rate Deadline: Sept. 19

Doubletree Dallas by the Galleria
4099 Valley View Lane
Dallas, TX 75244
Register Now

Who will benefit from this seminar?
Membership service representatives, deceased accounts representatives, share operations, compliance officers, BSA officers, training facilitators, and all branch managers and personnel.

Presenter:  Deborah L. Crawford
Deborah CrawfordPresident of Gettechnical Inc., Deborah L. Crawford specializes in the education of credit union employees and officers in the areas of deposit account laws, new account documentation, complex compliance regulations, and IRAs. Crawford is well known within the industry for her humorous delivery, personal accounts, and promise to reach each and every attendee in her seminar.

Grant assistance
The Cornerstone Credit Union Foundation is accepting grant applications for League training events based on financial need. Applications must be received by application deadlines. Please visit the Foundation’s website to view all grant applications, guidelines and deadlines. Contact Emily Moreno, Foundation Grants Manager, at 469-385-6483 for more information.

Contact Cookie Dorsey at 469-385-6635, or 800-442-5762, ext. 6635, or email