Coastal Supervisory Committee and Internal Audit Conference
Topics & Objectives

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

The Supervisory Committee as a Leadership Position in Your Credit Union, Tracy Mount

If you asked your members who leads the credit union, most would say either the board of directors or management team. But what about the supervisory committee? This session explores how the supervisory committee’s audit approach and can positively influence the direction and performance of the credit union.

What's Next with the Economy & How Will It Affect Your Credit Union, Mike Schenk

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.

Top 5 Issues Facing Supervisory Committees, Tracy Mount

The Supervisory Committee is the watchdog of the credit union, keeping an eye on areas of potential risk. This session explores some of the latest compliance issues and how the committee can help the credit union adequately address them. We’ll look at the top 5 – or more – topics that you, the board and management should be watching to stay ahead of the game!

IT Security Audits & What to Pay Attention To, Torpey White

What exactly is an IT Security Audit and what do they mean to you? This session will cover the different types of IT Security audits that can be performed and whether they are appropriate for your organization.

Understanding the Audit Report, Eileen Iles

The audit is done; the report is issued. How did your credit union do? Understanding all that information is key. We will go through the basic audit reports that are issued to credit unions for any type of audit, and make sure that you understand the questions to ask the auditors. Learn from an instructor that has issued over 500 audit reports for credit unions. Bring your report to class for discussion!

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.

Overseeing the Audit by an Outside Firm, Eileen Iles

Selecting an auditor is one of the most important functions of the supervisory committee. After you’ve made your decision, what can you do to make sure that your credit union is receiving the most from your audit and auditor?

Emerging Risks in an Uncertain Economy, Mark McDuffie

In these trying economic times your employees and scam artists may have a higher than normal motivation to commit dishonest acts. In this session learn how to identify and mitigate common employee dishonesty and check fraud scams.

How Your Credit Union Manages Risk: An Introduction to the Risk Management Process , Mark McDuffie

It’s a risky world out there"and it gets more so every day. There are a wide range of risks that can impact your credit union. Learn a process which will help you manage your credit union’s various risks from identifying exposures to monitoring risk.

NCUA Update, Alonzo Swann

Hear from an NCUA representative about proposed and recent changes to rules with emphasis on examination issues. Credit unions and NCUA have a great deal on their plates. Hear straight from the source where priorities should lie and gain insight into how to deal with hot topic issues.