Anna Donaldson, Cornerstone Resources
Compliance with the Bank Secrecy Act (BSA) and the Office of Foreign Assets Control (OFAC) remain an important issue for examinations and credit union liability. A substandard compliance program may expose your credit union to unwanted regulatory scrutiny and extensive penalties.
- BSA Compliance Requirements and Hot Spots
- OFAC Compliance Requirements
- Anti-Money Laundering Issues
- Specially Designated Nationals and Blocked Persons
- Member Identification Program
- Currency Transaction Report Requirements
- Suspicious Activity Report Requirements
About Anna Donaldson
Credit Union advocate with 10 years compliance experience, Anna is a Risk Management and Compliance Consultant for Cornerstone Resources. Prior to joining the Cornerstone team, she held positions as Team Lead and Compliance Specialist for an Alabama based credit union. Anna earned her bachelor’s degree at McDaniel College, has a NAFCU Certified Compliance Officer (NCCO) and CUNA Bank Secrecy Act Compliance Specialist (BSACS) certification. Anna is a self-proclaimed ‘foodie’ and has a passion for traveling. She currently resides in Plano Texas with her two pets, a cat named Tony and a dog named Charleson.
Mike Beall, CU Strategic Planning
Every year credit union boards are burdened with additional responsibility and risk in an increasingly complex financial services world. Learn more about what your legal duties are to the credit union—even as an unpaid board member—and how you can be sure that you both fulfill your duties and protect the credit union from potential liability.
About Mike Beall
About Mike Beall
Margot Strong, Cornerstone League
About Margot Strong
Margot Strong is the ALM & financial analysis director for the Cornerstone League. Strong has more than 20 years of experience in business development and over 10 years of experience working with credit unions while at Catalyst Corporate Federal Credit Union and ALM First. Originally from Ohio, she came to Texas by way of TCU, where she received her Bachelor of Science degree. She lives in Dallas with her 16-year-old twin boys and their dog, Angus. When not attending sporting or school events for her boys, she enjoys working out, getting together with friends, reading, and house projects.
Brian Hamilton, CU Direct
Uncertain economic times create a myriad of challenges for lenders – especially when margins are already razor thin. In this session we explore keys to developing a sustainable lending strategy that not only protects the balance sheet but promotes sound growth during an economic downturn. We consider imperatives for strategic alignment within the organization; the importance of distinguishing frequency from severity of loss; how to find growth opportunities based on the characteristics of a downturn; and the incremental adjustments that can be made in lending programs which collectively have a positive and sustainable impact.
About Brian Hamilton
Brian Hamilton has 28 years’ experience with financial institutions, contact centers, and fintech startups. Hamilton has managed consumer lending operations and developed groundbreaking online applications, remote delivery, custom scorecards, and loan origination systems. He joined CU Direct in 2017 as vice president of innovation & insights, leading research on emerging trends and product innovation and managing the advisory services consulting division. Previously, Hamilton was vice president of lending at several large credit unions, senior vice president at Placer Sierra Bancshares, and chief credit officer at BlueYield. He holds a Bachelor of Science in management and a Master of Business Administration in digital innovation and information systems.
Justin Lutes, Catalyst Corporate FCU
Dive into the payments landscape, exploring trends, real-time payments, and fraud. Credit union leaders are required to make key decisions based on a continually shifting payments industry while ensuring members are served and disruption to business operations is minimal. Join Justin Lutes as he reviews payment trends and explores fraud, as well as recent schemes and how to keep your credit union and your members from becoming fraud victims.
About Justin Lutes
Justin Lutes oversees Catalyst Corporate Federal Credit Union’s member services team, wire transfer, ACH, card services (ATM/debit), and vault cash operations. He was VP of operations risk management before transitioning into his current position. Before joining Catalyst in 1999, Lutes worked in internal audit and IT security. Lutes earned a master's degree in business administration at Amberton University and a bachelor's degree in business administration from Texas A&M University-Texarkana. He is a member of Catalyst Corporate’s Enterprise Risk Assessment Advisory Group and Operations Risk Management Committee, as well as the NACHA Risk Management Advisory Group and the Western Payments Alliance (WesPay) Compliance Council and Risk Management Council. Lutes is a certified Accredited ACH Professional and National Check Professional.
Mike Beall, CU Strategic Planning
Often credit union directors—and staff—think of strategic planning as an annual, and sometimes arduous exercise. But strategic planning is not just a day, it’s a process. Learn more about how your credit union can use strategic planning to leverage its effectiveness, improve the member experience, and remain nimble in a rapidly changing environment.
About Mike Beall
About Mike Beall
Monica Johnson, Speaker & Author
To stay on top of your game of keeping employees and customers, you will need to understand what engagement looks like. Understand the level of psychological investment to the organization by distinguishing engagement from workaholism. This session will help you cultivate an authentic culture to know when employees are engaged, connect to their sense of purpose and energy, and help them direct initiative, effort, and persistence toward the organization's success.
About Monica Johnson
Monica Johnson is an author, mentor, educator, TED presenter, and business professional with 26 years' experience in cost, taxation, and operational management with a Fortune 100 company, United Parcel Service. Johnson empowers women to discover how to reach their highest potential. She uses her engaging personality, contagious energy, and coaching experience to spur people to action, reclaim themselves, conquer their problems, pursue their dreams, and find their sparkle and shine. She speaks the truth in love without holding anything back and has written her first book, "Shift from Broken to Breathtaking: Don't Let What Happens to You Break You.”
Scott Adams, Ser Tech
In this session, we’ll discuss how Smart Marketing and Credit Data Solutions can help your credit union target members and potential members interested in your loan products. By blending consumer behavior messaging and targeted data, your credit union can deliver personalized pre-approval offers while members are actively looking for credit. Whether you provide offers through direct mail marketing, email marketing, or digital delivery, ensure your marketing dollars go toward members that meet your credit union’s unique qualifications.
About Scott Adams
Scott Adams is a Sales Manager at Ser Technology with over 35 years’ experience in the financial services industry, including 25 years at Equifax prior to joining Ser Tech in 2019. His roots however are firmly planted within the credit union industry. He began his career as a teller for Ft. Wayne Community Schools FCU (now ProFed) and subsequently spent eight years in lending and management for credit unions of varying sizes. It was in this environment where he learned the importance of client service and satisfaction. This valuable experience carried over into a sales career which allowed Scott to cultivate great relationships while helping many financial institutions across the Midwest, Florida and Texas grow their business through loan acquisition. Scott’s current role allows him to work with credit unions across the country helping them market loan products to members and non-members, manage existing portfolios and enable digital solutions through on-line and mobile banking. Scott currently sits on the Advisory Council at Forum Credit Union in Indianapolis.