Attend Feb. 17 virtual BSA/OFAC Training, learn basics of compliance

Does your credit union compliance program fully comply with the Bank Secrecy Act and Office of Foreign Assets Control? If not, it may expose your credit union to unwanted regulatory scrutiny and extensive penalties.

Join compliance expert Steve Gibbs for a live webinar on Feb. 17, from 12 to 1 p.m. CT, to learn BSA/OFAC compliance basics. Following the session, the League will issue certificates of attendance for those present.

Topics covered include:

• Specially Designated Nationals and Blocked Persons
• Member Identification Program
• Currency Transaction Report Requirements
• Suspicious Activity Report Requirements

To register.

Presenter: Steve Gibbs
Steve Gibbs manages Risk Management and Compliance for Cornerstone Resources. His career, which spans more than 35 years in the financial industry, includes service with three regulatory agencies. Gibbs holds CUNA’s Credit Union Compliance Expert, Credit Union Enterprise Risk Management Expert, and Bank Secrecy Act Compliance Specialist certifications. Previously, he served the Texas Credit Union League as director of the Southwest CUNA Management School, director of Information Central, and as a lobbyist/legislative analyst.

Who should attend?
CEOs, managers, supervisors, front-line staff, and all credit union staff required to complete BSA and OFAC training annually will benefit from this session. Register today to take advantage of this team-training opportunity.

For more information.

Questions?
Please contact Brandon Walker at 800-442-5762, ext. 6426 or bwalker@cornerstoneleague.coop.