Event Calendar

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

 

May 21 Tue
Hartford Chapter Meeting @ Manchester Country Club
1:45 pm – 9:00 pm

Golf_shot illustrationStart the afternoon with 9 holes of golf at a terrific course for just $100 per foursome, ($35 individually), in addition to your dinner choice. Prizes for the top three lowest scores to be awarded that night.

Tee times starting at 1:45 p.m. Non-Golfers Welcome!
Contact Fred Brown to set tee time: 860-646-8870, ext. 121 or fred@nefamily.coop

Checks need to be received no later than May 9, 2013. Please include your foursome, phone number and desired tee time. Tee times will be confirmed.

  • Social Hour – 5:30 p.m. – Cash Bar
  • Dinner – 6:30 p.m.
  • Program – 7:30 p.m.

Program:
Nick Moalli, VP Credit Union Services, CU League of Connecticut, will speak on the Bank Secrecy Act. Encourage your employees to attend.

Dinner Choices:

  1. Prime Rib au jus – $36.00
  2. Breast of Chicken, Apple Stuffing – $29.00
  3. Baked Stuffed Shrimp – $35.00

Soda/Iced tea included.

***Please Bring a Raffle Prize***

*Checks should be received no later than May 9th.

Mail to:
Andres llanos
Nutmeg State FCU
521 Cromwell Ave.
PO Box 66
Rocky Hill, CT 06067.
Please reference “BSA”

More information to come….

Moran/Nixon Chapter Meeting @ J. Timothy's Taverne
5:30 pm – 9:00 pm

Agenda

  • 5:30   Cash Bar
  • 6:30   Dinner
  • 7:45   Meeting
  • 8:00  Speaker

Program
BSA Training

Speaker
Judy Britt, Training & Compliance Coordinator, CU League of CT

Buffet Dinner – $36.00 per person
Includes Baked Scrod, Tenderloin Beef Tips, and Vegetarian Lasagna.

Click for the meeting Registration Flyer. [to come]

Registration Deadline: Friday, May 17, 2013

______________________________________________________________

Young Professionals are always welcome to attend!

Seasons FCU is sponsoring the attendance of up to 5 Young Credit Union Professionals at Chapter meetings throughout 2013.

Please extend the invitation to any young professional at your credit union!
________________________________________________

Make checks payable to Moran/Nixon Chapter of CULCT.

Send to:
Barbara Thorpe
MiddConn Federal Credit Union
213 Court Street, Suite 101
Middletown, CT 06457

 

Jun 13 Thu
Board Financial Literacy Training @ Credit Union League of Connecticut
5:00 pm – 7:00 pm

NCUA’s Letter to Federal Credit Unions #11-FCU-02, issued in February of 2011, requires that directors of FCUs “must have at least a working familiarity with basic finance and accounting practices, including the ability to read and understand the credit union’s balance sheet and income statement.”

It continues, “A director must understand these financial statements to participate in a meaningful manner in the direction and control of the institution.”

This session will be for NEW DIRECTORS who have joined your board since the last required training in the fall of 2012. This will be a two-hour session from 5:00-7:00 p.m. Sandwiches will be served. There is no cost to attend.

Topics will include:
• Balance sheet and income statement basics
• What does ‘off balance sheet’ mean
• The importance of trend analysis (tables or graphs)
• Key financial ratios
• What does ‘accrual accounting’ mean
• Delinquency reporting
• What is the Allowance for Loan and Lease Losses contra asset account and how is it related to the Provision for Loan and Lease expense
• NCUA 5300 quarterly reports
• Budgeting and ALM basics
• The risks: credit, liquidity, interest rate, compliance, strategic, transaction, and reputation
• Peer analysis
• Internal controls
• Asking the right questions

Jun 18 Tue
Policy Works Compliance Webinar: Intro to Truth in Lending/Reg Z @ Credit Union League of Conecticut
9:30 am – 11:30 am

policy_works_logo

 

The Truth in Lending Act (TILA) and the implementing regulation, Regulation Z, is a significant part of lending compliance. This session will be an introduction to TILA and Regulation Z, covering definitions, open-end loan disclosure requirements, closed-end loan disclosure requirements, as well as the special requirements for mortgages and credit cards. Attendees will learn the basics about compliance with this significant lending law.

TILA-RegZThe webinar will be followed by an ‘open discussion’ at the conclusion of the program.

Click for the Registration Flyer.

These webinars will be placed on the League’s member-protected area of the website.

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!

Oct 1 Tue
New Haven Chapter Meeting @ Brothers Restaurant
5:30 pm – 8:30 pm

Topic:  Financial Reality Fairs

Speaker:  Barb Bass, VP Education & HRD, Credit Union League of Connecticut

Agenda
5:30-6:15 p.m.    Cash Bar / Appetizers
6:15-7:15 p.m.     Dinner / Buffet
7:15                     Meeting

Dinner
Buffet Style – Only $22.00 per person!
Includes Sausage and Peppers – Chicken Florentine – Baked Scrod – Sliced Roast Beef – Stuffed Shells – Caesar Salad

Click for Chapter Notice and Registration information.

Oct 3 Thu
Hartford Chapter Meeting @ The Chowder Pot
5:00 pm – 8:00 pm

Hartford Chapter Meeting

Agenda
Social Hour – 5:00 p.m. - Cash Bar
Dinner – 6:00 p.m.
Program – 7:00 p.m.

Program
“What’s Going On at Your League”

Presented by Keith Wiemert, Interim CEO of the Credit Union of Connecticut, President & CEO, Seasons FCU

Dinner Choices
1. Roast prime Rib $43
2. Chicken Marsala $33
3. Baked Stuffed Shrimp $39

Please reference your name and meal choice.

***Please bring a raffle prize***

Please mail checks by September 25th, to Andres Ilanos, Nutmeg State FCU, 521 Cromwell Ave., Rocky Hill, Ct 06416. Please reference “10/03/13″

Click for Chapter Notice event information.