Event Calendar

April 2013 – June 2014

Apr 16 Tue
Operations Institute @ League Education Center
9:30 am – 12:00 pm

Operations Management

Establishing ownership on a new account is one of the basic functions in opening an account, but it can also be one of the more complex parts of the process. This program will provide a refresher on the basics of account ownership.

Areas of review include:

  • Joint and single accounts
  • Minor accounts
  • Trust accounts
  • Custodial accounts
  • Power of Attorney
  • Death of a member

 

Attendees are invited to send questions and/or additional topic areas prior to the program to bbass@culct.coop.

Click to download the Flyer with Registration Form.

To Register

Event Registration

 


Contact Susan O’Loughlin by phone at (203) 608-7061 or email to 
soloughlin@culct.coop or fax to (203) 294-4882.

Apr 17 Wed
BSA and Red Flag Training @ Credit Union League of Conecticut
5:00 pm – 7:00 pm
BSA-resourcesFACILITATORS

Nick Moalli, VP Credit Union Services, CT League
Judy Britt, Training & Compliance Coordinator, CT League

PROGRAM

BSA
All credit union personnel and volunteers are required to receive BSA training on an annual basis.  Attendees will be provided with an anti-money laundering overview on the following topics:  BSA purpose and applicability; Minimal NCUA/FinCen requirements for BSA compliance; Member Identification Programs; Member Due Diligence; Situations covered by SARs; Tips on completing CTRs and SARs; SAR confidentiality; Penalties for failing to comply with SAR and CTR requirements; Recommendations for designing BSA; USA PATRIOT Act; and OFAC policies. 

RED FLAG
Topics will include: Designing Red Flag policies and procedures; Maintaining internal logs and reports; and Tips and trends for identifying Red Flag activity to determine if reports should be filed.

Click here  for the flyer and Registration Form.

A Certificate of Achievement will be distributed to attendees of League-affiliated CUs.  A light dinner will be provided.

Event Registration

May 14 Tue
Payment Systems – Speaker Workshop Series @ Ashlar Village
9:30 am – 3:30 pm
Payment Systems - Speaker Workshop Series @ Ashlar Village | Wallingford | Connecticut | United States

Morning – Melanie Gluck, MasterCard

Afternoon – Tucker Foote, MasterCard

Morning Session: The Next Generation of Payments: The Future is Now

There is an urgent need for U.S. Payment Providers to position EMV and Mobile technology as strategic imperatives.

Have any of the following questions been addressed at your credit union?

  • What is EMV?
    • How is it used outside of the U.S.?
    • Why are we talking about it now?
    • What are the liability shift timelines for issuers and merchants?
    •  What are the key benefits (reduced fraud and loyalty/usage uptake)
  • What is our strategy related to EMV?
  • Do we agree it’s important?
  • Do we think the time is right to think about reissue on a mass or rolling basis?
  • How long would it take to be ready?
  • Have we discussed a mobile payments strategy?
  • Are we concerned about losing transactions?

To address these issues, we are pleased to present a Retail Payments Strategy Discussion. The program will feature an overview of EMV and Mobile Technology and how they will affect your short- and long-term retail strategies.

Afternoon Session: Payment Systems Legislation & Regulatory Compliance

Given the current credit regulation tenor and speculation on the possibility of heightened oversight, this workshop will address how to protect your debit and credit card operations from further
legislative intervention.

Specific legislative topics will include:

  • The merchant community’s lobbying efforts to expand interchange regulations;
  • Future restrictions on prepaid products; and,
  • Data security legislation with a specific focus on notification procedures and breach liability requirements.

Event Registration

 

Sep 18 Wed
Affordable Care Act @ League Education Center
9:30 am – 11:30 am

Affordable Care Act: What You Need to Know

Topics:

  • Global Overview of Healthcare Changes
  • Challenges for CUs of All Employee Sizes
  • Issues for CUs to Consider When Reviewing Healthcare
  • Information on CT Network Options

Click for the Registration Flyer!

Nov 5 Tue
Enterprise Risk Management – Speaker Workshop Series @ Ashlar Village
9:00 am – 12:00 pm

alloya-corporate-federal-credit-union-logoWorkshop Leader:
John Collins
Alloya Corporate FCU

Taking risk, and balancing it with returns, is one of the most fundamental things
all financial institutions – including credit unions – do.
While all organizations understand that balancing risk versus return is vitally important, few evaluate risk as a whole across their organization. Understanding systemic risk and how it can be mitigated allows organizations to better manage this critical process.

The program will explore Enterprise Risk Management (ERM) through an interactive presentation and dialog. The morning session will cover the basics of what ERM is and why it is important to credit unions, the regulatory requirements surrounding ERM, and how some have implemented ERM in their organization. It will also cover policy, procedure and governance.

The afternoon session will review a model program and provide a template for attendees to develop ERM programs that can be tailored to their individual credit unions. Attendees will leave the session with the necessary tools to develop and implement an ERM program at their shop.

The program presented will address the following questions:
• What is ERM?
• Why is ERM important?
• Are there any regulatory requirements for ERM?
• What are people in the credit union industry doing for ERM?
• What would model ERM program look like?
• What would an ERM policy look like?

Sponsored by CUNA Mutual Group

Nov 20 Wed
Don’t Tax My Credit Union Campaign
9:45 am
Don't Tax My Credit Union Campaign

Credit unions promote the economic well being of their members, especially those of modest means, through a system that is member-owned, volunteer-directed and not-for-profit.

The credit union mission has always been to ensure secure financial choices at lower costs for their members. That’s why credit unions offer financial products that provide better returns on savings, reduced rates on loans and lower or no fees on services.

While credit unions are regulated by the federal and state governments, they are also governed by volunteer boards elected by their membership. Credit unions don’t answer to stockholders, but to each of their 96 million members.

Credit unions invest in people by helping those who have been traditionally underserved by banks. Groups like seniors on fixed incomes, single working moms, minority communities needing greater community investment, and small business owners struggling to raise capital all rely on credit unions for important financial services at reasonable costs.

While the big banks have abandoned small businesses in droves because they just can’t make enough money, credit unions promote their small business members in a struggling economy by providing low cost credit alternatives. This credit union investment means millions of jobs across America.

Unfortunately, the big banks and some in Congress want to raise taxes and impose new fees on 96 million credit union members who represent 40% of all Americans, yet represent only 6% of the assets in financial institutions. And, they want to do this despite the fact that credit unions are not-for-profit and meeting their core mission every day.

That’s wrong and will imperil the credit union movement that so many have come to depend on for real financial choice.

Don’t let Congress raise taxes on 96 million credit union members. Don’t let Congress eliminate real financial choice. Don’t let Congress destroy our credit unions.

To learn even more about credit unions in your community, or join a credit union please visit http://www.asmarterchoice.org/.

Dec 18 Wed
Prize-Linked Savings Webinar
10:00 am

Please join us for a webinar to discuss Prize-Linked Savings (PLS) opportunities in Connecticut on Wednesday, December 18, 2013 at 10:00 a.m.

To register please contact Susan O’Loughlin at soloughlin@culct.coop.

During the 2013 legislative session, the CT General Assembly passed a bill that allows credit unions to offer savings promotion raffles – savings products that offer prizes in order to incent increased savings activity.  Connecticut is the 8thstate to pass similar legislation, following in the footsteps of Nebraska, Rhode Island, Washington, North Carolina, Maryland, Maine, and Michigan.As financial institutions, you are acutely aware of the importance of savings as part of someone’s financial portfolio.

The webinar will feature Doorways to Dreams Fund, a national non-profit that has been providing technical assistance, advice, and evaluation for PLS products around the country.  In this webinar, we will cover:

  • The basics of PLS
  • Overview of Connecticut law
  • Success/Impact in other states
  • Implementation considerations/how-tos

Please join us for a great conversation. Attending this webinar is not considered to be an indication of commitment to offer the product – the goal of the meeting is to get a shared understanding of the opportunity, discuss options in Connecticut, and see what credit unions would like to explore a prize-linked savings product. Please share this invitation with any relevant staff or other credit union partners.

For more information about savings promotion raffles/prize-linked savings products, the experience in Michigan with Save to Win, and additional new research, please visit

http://www.d2dfund.org/prize_linked_savings

Jun 5 Thu
Board Financial Training @ League Education Center
5:00 pm – 7:00 pm

Follow this link to learn more and register.