Seminars

TOPICS & OBJECTIVES

Today’s Economy & the Risks for Your Credit Union

Hear from one of CUNA’s senior economists about the state of the economy and trends that will affect your credit union. Find out about the state of the mortgage market. And more importantly, find out how these circumstances and forecasts affect your credit union’s risk assessment and management strategies.

Red Flags Workshop

Hear about how your credit union should be handling the complications of "Identity Theft Prevention Programs" and the "Red Flags and Address Discrepancy Rules" that implement sections of the Fair and Accurate Credit Transactions Act (FACT Act).

Current Compliance Issues: A Rundown of the Highest Priority Compliance Issues of the Year

Keep on top of the most critical changes in the realm of compliance. Learn what questions to ask of management about the regulations and the current focus of examiners. You need to hear about the hot-button issues in order to provide critical oversight. Here’s your chance.

Credit Union Performance Metrics

Everyone is aware of top level credit union performance metrics like Return on Assets or Expenses as a percent of Assets. In addition to explaining the most common metrics, this session will look at more than 60 leading and lagging performance indicators. You’ll leave this session with a better understanding of the business drivers of the credit union movement and how they are measured.

Sustainability: Building Effective Corporate Governance

Corporate governance is a system by which organizations are controlled, directed, and held accountable to its stakeholders. The recent declining economy, declining market valuation, increased unemployment, and increased possible fraudulent financial schemes have highlighted increased pressures on organizations. As a result of these pressures, organizations are focused on designing sustainable business strategies. These strategies seek not only to provide a return on investment or assets, but to also generate shared value for society and promote business model sustainability. We will discuss corporate governance best practices and a corporate governance framework that encompasses the elements that drive corporate governance and long-term sustainability.

Speed Training

Ethical Considerations for the Supervisory Committee
Ongoing Third Party Oversight/Due Diligence Concerns
Raising the Bar on Audit Committee – Internal Audit Communications

IT Audits & What to Pay Attention To

What exactly is an IT security audit? The concept of these audits have different meanings to individuals within a credit union depending on what part of the organization you work in. Some of these audits have to be performed to maintain a compliance standard while others permit management to sleep better at night. What do they mean to you? Is our member data secure? Is my employee information secure? Is the credit union protected from external hackers? 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.

Current Trends in Financial Institution Fraud

In this presentation we will discuss current statistics and trends as they relate to financial institution fraud. Examples of recent frauds along with related best practices to prevent, deter, and detect future occurrences will be discussed.

INSTRUCTORS
Denny Graham
Denny is the founder, president, and CEO of FI Strategies, LLC. He is a popular speaker at credit union events and he has been an instructor for CUNA’s Advanced Sales and Service Culture Institute and the Branch Operations Institute. Denny has more than 30 years of experience in the financial industry as a sales manager, senior vice president of human resources, senior vice president of consumer banking, management committee member at United Postal Savings, CEO of the Institute of Financial Education, and national sales manager for the Bank Administration Institute.

Eileen Iles
Eileen has over twenty years experience in the financial services industry. She has spent the most recent eight years with Crowe Chizek delivering risk management services to financial institution clients ranging from de novo to $9 billion in total assets.

Torpey J. White, CPA
Torpey is the director of a regional accounting and consulting firm’s Risk Advisory Practice, he provides consulting advice and attest services to smaller public, middle market, and not-for-profit organizations. Torpey’s areas of expertise includes: internal control assessments, operational reviews, SAS70 examinations, Sarbanes-Oxley section 404 project administration, internal auditing, accounting assistance, financial reporting and analysis, strategic planning, business process analysis, business process documentation and re-engineering. Torpey has more than 22 years of experience in both public accounting and private industry performing reviews of computer systems to assess internal controls, data analysis to identify trends, increase efficiencies and detect potential defalcations, operational and business process audits and pre-implementation reviews of software installations.

Mike Schenk
Mike is vice president of economics and statistics for Credit Union National Association. He conducts economic and financial research and provides support for CUNA Governmental Affairs and Public Relations efforts. His analyses regularly appear in publications such as CUNA’s Credit Union Magazine and CU360 Newsletter. Mike has 20 years of experience in the financial services industry. Before joining CUNA in 1992, he was the director of research for Financial Research Corporation, where he conducted economic analyses, competitor evaluations, and product-line planning for mutual fund companies.

Woody Hodgdon, CUCE, BSACS
Woody is a Credit Union Compliance Expert (CUCE), Bank Secrecy Act Compliance Specialist (BSACS), and is the national compliance manager for Addison Avenue Federal Credit Union (formerly HP Employees FCU) in Palo Alto, California. Addison Avenue FCU serves employees of Hewlett Packard, Agilent Technologies, Philips Electronics, and several other related employers in the United States and Puerto Rico. Prior to accepting his current job, Woody spent 17 years at HP Rocky Mountain Federal Credit Union in Loveland, Colorado which eventually merged with the other HP credit unions to form Addison Avenue FCU. He spent three years as an agent for CUNA Mutual in northern Colorado prior to starting his management career with credit unions. Woody has been involved in credit union management, operations, marketing, and compliance issues for more than 30 years. He is a graduate of Western CUNA Management School in Pomona, California. He is a 1980’s graduate of CUNA's Regulatory Compliance School and attends annual update sessions to stay current. Woody has lectured to many groups about bankruptcy, the Americans with Disabilities Act, financial counseling, home banking, and risk-based lending. Woody is a charter member of the National Credit Union Institute and earned the Dean's List with Highest Honors designation.

E. Michael Thomas
E. Michael Thomas is a partner in Crowe Horwath LLP’s Financial Institution Risk Consulting practice in the Southeastern United States. He has more than 30 years of broad-based experience, specializing in the financial services industry. Mike’s responsibilities include advising clients in areas such as risk management, fraud prevention, and quality assurance assessments. In addition, he coordinates contract services for internal audit, loan review and compliance outsourcing at financial institutions, as well as working with clients to re-engineer their internal audit and risk management operations. Prior to joining Crowe Horwath LLP, Mike was an internal audit services director for PricewaterhouseCoopers LLP and served as vice president & audit group manager for SunTrust Banks, Inc., a $180 billion bank holding company.

2009 Seminars

Supervisory Committee & Internal Audit Conference - Day 2