February – March 2014
WHAT YOU NEED TO KNOW TO
BE COMPLIANT AND MITIGATE LOSSES
Stay up-to-speed on the ACH Exception Process with NEACH’s upcoming session
ACH Exception Handling for RDFIs
February 11, 2014
2:00 PM – 3:00 PM
When an ACH payment is unable to be processed, the result is an “exception item”. This session is an in-depth view of the ACH exception process from the view of the RDFI. For RDFIs, improper handling of exception items may lead to losses or major compliance violations. This session will review the various and numerous exceptions for RDFIs and address the proper steps in handling each item.
|HOW TO REGISTER for NEACH Education:
NEACH members: Register at the member price of $195 for single events.
Non-NEACH members that are affiliated with the League: Register at the reduced price of $220, a $75 discount off the non-NEACH member price of $295. Registration can be completed on the NEACH website, non-members must use promotion code-CTLEAGUE to receive the discount, and a link to the registration form is also is included in the email.
Register online at www.neach.org/education or download the registration form and fax to 781-338-9627.
Summary of Event Fees:
• NEACH Members – $195 per event
• Non-NEACH Members(CT CU League Member) – $220 per event
• Non-Members – $295
CUNA Governmental Affairs Conference
One Cause. One Voice.
Plan to attend the nation’s capital for the 2014 CUNA Governmental Affairs Conference (GAC) to Unite for Good.
Rally for the powerful credit union cause and connect with leaders from across the United States.
CUNA GAC is the biggest week of the year for credit unions. More than 4,000 credit union people come together to:
• Hear from influential legislators, policymakers and credit union experts on the political landscape and its effect on credit unions
• Identify new strategies for building and maintaining America’s awareness and trust
• Network with credit union leaders
• Attend breakout sessions on the hottest issues in the movement
• Tour the largest vendor showcase in the financial services industry
• Tell Congress our story at state Hike the Hill visits
Please wait for word from Kelly Fuhlbrigge for registration information!
This past year, CUNA and the leagues launched a shared strategic vision for credit unions nationwide: Americans choose credit unions as their best financial partner.
To make our vision a reality, we must come together to remove barriers – like the threat to the credit union tax status - create awareness and foster service excellence. We all need to Unite for Good.
We have an opportunity to accomplish a lot for the movement this year, and need your involvement to make it happen. Come to Washington, D.C. to tell our shared story and protect the credit union difference.
The Compliance Network is a group of CEOs and compliance professionals gathering once a quarter to discuss pertinent issues from a regulatory standpoint. The meetings are facilitated by Judy Britt, League Training and Compliance Coordinator. Attorney Jay Hershman will join us as subject matter expert and participant, providing great opportunity to challenge our understanding of the issues discussed at the meetings. This networking provides an opportunity to share best practices and exchange ideas on meeting the ever growing compliance expectations. You are encouraged to come to one or all the meetings. We look forward to seeing you!
The date for the first networking meeting is February 25th.
Fill out this form and send to Sue O’Loughlin at firstname.lastname@example.org to register.
Click here for the February 25th Agenda
CULCT’s Strategic Partner Cooperative Systems is back to provide an update to one of last year’s more popular sessions on Cybercrime. Presenters will provide an overview of the current environment, what issues are trending and what the credit union can do to ensure they take necessary measures to protect the credit union.
In 2013 the League surveyed credit unions on areas of collaborative interest. The primary area of interest involved IT solutions. We reached out to our Strategic Partner Cooperative Systems and asked them if they would be interested in creating a pricing schedule based on multi-credit union collaboration. This meeting is the beginning of that collaboration discussion. Any credit union that is interested in participating in an IT package collaboration is invited to attend this meeting, which will provide an overview of the concept and look at what the next steps in the process may be.
March 4th, League Education Center, Meriden
We are pleased to announce the 2014 Compliance Training Workshops and Webinar series. Hosted by the Credit Union League of CT and facilitated by the experts at M&M Consulting, LLC, these training workshops and webinars will provide comprehensive understanding of upcoming regulatory changes and assist in providing exciting solutions to the regulatory difficulties Connecticut credit unions are faced with.
This year, in an effort to maximize the benefits of this invaluable guidance, the league will provide the opportunity to attend the webinar portion of the series from the convenience of your credit union. As always, the league is happy to provide the webinars at our office in Meriden at no cost to our affiliated credit unions. If however, you are interested in attending from your credit union, the registration fee is $89.00 per webinar/per incoming telephone line. You may have as many employees who wish to take advantage of any particular webinar attend from your credit union provided they are on the same telephone line for this small cost. Registration to attend either option is required.
M&M Consulting, LLC experts will also serve as facilitators in the Workshop portion of this series. These experts are secure in their knowledge, and confident of their ability to convey pertinent compliance information. Affiliated credit unions will leave our Workshop training sessions with an understanding of how to meet the challenges they face in today’s regulatory environment. The workshops are available to our affiliated credit unions at no additional cost. Dates will be announced and registration is required.
The first webinar in the series focuses on the confusion around the new mortgage regulations. It is scheduled for Wednesday, March 5th 9:00 am – 11:00 am and will provide comprehensive understanding on how these rules affect the mortgage products and services you provide your members, as well as how to comply with the regulations. This is a great opportunity to obtain additional guidance now that the rules have taken effect and the need for implementation grows with more intensity.