Director and Supervisory Committee Conference
Topics & Objectives

Please note that the Topics/Objectives listed below are subject to change.

What's Next with the Economy & How Will It Affect Your Credit Union? Steve Rick

Hear from a CUNA senior economist about the wild ride that has been our economy of late. Get some perspective about recent events and developments to see how your organization fits into the picture, and how it (and your members) may be affected.

IT Audits & What to Pay Attention To, Torpey White

This session will cover the different types of IT Security audits that can be performed and whether they are appropriate for your organization. In addition, the benefits your organization can derive from having these audits performed will be discussed to show why they should be included in your audit plan.

How Does the Auditor Become Your Best Friend? Torpey White

This session will encompass ways you can evaluate your current relationship with your audit firm and make it better. Although it may not always be peaches and cream, the relationship with your auditor can be more than just a compliance effort. Attend this session to discover what your auditor can do for you and how you can assist them in turn. You might become best friends.

Is Data Leaking Out of Your Organization? Torpey White

What data is currently "protected" within your credit union? How well is it protected? Is it the proper data to have secured? What’s missing from your data? These questions and more will be covered in this session to allow you to understand that "data" encompasses more than you might think. You can’t assume that "someone" within your credit union has secured all of the data being maintained. The points of leakage of data are important to understand so, as an organization, you can assess the risk associated with securing the many types of data you hold.

Top Ten Issues Facing Supervisory Committees, Dave Cowles

The Supervisory Committee is the watchdog of the credit union, keeping an eye on areas of potential risk. This session will explore some of the latest compliance issues facing credit unions and also address a list of top ten issues facing the committee.

Fair & Accurate Credit Transaction Act (FACT Act) & "Red Flag" Identity Theft, Dave Cowles

Effective November 1, 2008, credit unions must have in place an identity theft program (ITP). This session will discuss the relationship between FACTA and "Red Flag". We’ll also cover what is required in the ITP.

Effective Governance: An Overview Training on Demand, PCUA Staff

It’s the board’s job to set a course and mission for the credit union. Making sure that the mission is accomplished is the essence of governance. But this is no mean feat. Effective governance is the cornerstone to the success of the board.

Board Succession Planning: Preparing for Change

Just as CEO succession requires detailed planning to maintain qualified leadership, so too must the board plan for its replacements. However, there are a number of problems associated with board succession that that are unlike other succession planning, among them: continuing election and retention of veteran volunteers; amplified regulatory supervision; increased responsibilities, and; larger penalties for wrongdoing. Such issues complicate planning and create an easy inertia that is detrimental to the long-term goals of the credit union and is ultimately less benefit to the members.

CEO Landscape

Do you know how many credit union CEOs are set to retire in the next five years? You’d better! Find out what the situation is for the credit union industry so that you can create effective succession plans, develop talent, and position your organization to remain a strong player in times that are changing.

CEO Oversight

The board has only one employee, a very high profile employee, the CEO. As such, the board’s role in overseeing the CEO is one critical to the mission and objectives of the credit union. Here we’ll look at hiring and keeping the CEO, total compensation packages, executive employment agreements. We’ll also assess the CEO with goal setting and monitoring techniques, learn to give appropriate feedback, and learn to communicate effectively.

NCUA Update

Hear from an NCUA official about current administration priorities and hot-button issues. The financial services sector has gone through significant turmoil recently and this is an opportunity to hear directly from the regulators what is going on and how that may affect your organization.