2016 Compliance Alert Seminars

Alert! New BSA Regulations

New Customer Due Diligence (CDD) regulations are effective July 11, 2016. You must comply by May 11, 2018. These regulations affect many areas of the credit union especially new member account opening processes. There are four elements to the new CDD regulation which affect legal entity and three elements that affect consumer accounts. It is going to take you a year or so to see how to retain beneficial owner information, where to store it on your system, and how to document legal entity accounts with 25% beneficial owners and on all accounts, how to ask transactional questions to risk rate your member for the purpose of monitoring for anti-money laundering. This is going to be a very integrated process and we want to begin to understand how this is all interconnected in your BSA program, new member process, and ultimately tracking member activity based on the risk rating questions. If you are a small or large institution you must comply with these new rules.

Who Should Attend

Membership service representatives, deceased accounts representatives, share operations, compliance officers, BSA officers, training and all branch managers and personnel

Date & Location

Houston, October 3

Early Bird Deadline: August 25
Regular Rate Deadline: September 19

Doubletree Hotel Houston Hobby Airport
8181 Airport Blvd.
Houston, TX 77061
713-645-3000
Book a Room
Group Code: CCU
Room Rate Deadline: September 12
Register

Dallas, October 4

Early Bird Deadline: August 25
Regular Rate Deadline: September 19

Doubletree Dallas by the Galleria
4099 Valley View Ln.
Dallas, TX 75244
713-645-3000
Book a Room
Group Code: CAS
Room Rate Deadline: September 8
Register

Business casual dress is appropriate. Bring a jacket or sweater as room temperatures vary.

Schedule (for all locations)

8:30 a.m. - 9:00 a.m. Registration & Continental Breakfast
9:00 a.m. - 12:00 p.m. Seminar
12:00 p.m. - 1:00 p.m. Lunch (provided)
1:00 p.m. - 4:00 p.m. Seminar

*includes 2 refreshment breaks

Deborah CrawfordPresenter - Deborah L. Crawford

President of gettechnical inc. She 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.

Continuing Education Units

Requests for certificates of attendance are processed after the event. Contact Janine McBee, CUDE, Sr. Training Director at 800-442-5762 ext. 6634 or email jmcbee@cornerstoneleague.coop for additional information or questions.

Educational Investment

Fee Per Person

Early Bird - $259
Regular Rate - $289
Late Rate - $329

Walk-ins accommodated on a space available basis. Your investment includes instruction, extensive handouts, continental breakfast, lunch, and two refreshment breaks.

Registrant Cancellation Policy

Substitutions are always welcome. Registration fee refunds (less a $50 processing fee per person/per seminar) are granted for cancellations received in writing two weeks prior to the seminar.

Seminar Cancellation Policy

Locations with less than twenty (20) registrants two weeks out may be cancelled. In the event of cancellation, all registrants will be notified.

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.

Questions?

Call 800-442-5762 ext. 6635 or 469-385-6635 or email Cookie Dorsey at cdorsey@cornerstoneleague.coop.

If you have physical, medical, or dietary needs requiring special attention, please contact us for proper arrangements to be made. For more information regarding administrative policies, such as complaint or refund, please contact us at 800-442-5762 ext. 6630.