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Session Materials for Download

Going Green!
Download session materials now!
Friday, March 14
 
5:00-7:00 p.m. Registration and Networking
Sponsored by Invest in America
   
Saturday, March 15  
7:00 a.m. Registration
7:00-8:00 a.m.   

Breakfast Buffet
Sponsored by CUNA Mutual Group

8:00-8:45 a.m.

Welcome & League Update
Ken Ross
Sponsored by CUNA Mutual Group

8:45-10:00 a.m. Opening Keynote:
Reinvention Made Easy:
Changing Strategy to Change Results

Jim Mathis
Sponsored by Invest in America
Every credit union leader can reinvent themselves and it starts now at this personally challenging and value-changing presentation that makes reinvention easy. With recent events, the realities of the credit union and member interaction have changed permanently. Now is the time to focus on outcomes that will produce positive actions and hear stories about organizations that have reinvented themselves.
10:00-10:15 a.m. Break
10:15-11:30 a.m. Concurrent Sessions
 

Change Happens
Jim Mathis
Change happens, so it is important to regularly take a step backward to get a big picture perspective and ask vital questions. What do members VALUE in a credit union? What does it take to LEAD in the credit union movement? Where can MORE members be found? Which is better: FREQUENT or LOYAL members? How does HIRING reflect responsibility over authority? This presentation on change will help attendees discover realities that others see clearly, develop a market-oriented environment that brings the credit union closer to consumers and helps to start marketing the value members are valuing today.

 

How Credit Unions Can React and
Respond From New Payment Systems

Ron Galloway
Money is a medium of exchange. The “exchange” is still taking place but the mediums are changing. 240 million people in China use the “QQ” virtual currency to buy and sell. Paypal has nearly 200 million people using its payment systems, forming a brand new, widely accepted ecosystem of payments. Google and Amazon, sensing a huge new market, are entering the P2P payments business. The threat to credit unions is that all of these new P2P schemes circulate money outside the traditional financial system, and those circulatling dollars have to come from somewhere. This session explains the competitive threats to credit unions these new payment systems pose, how to react to them and even prosper from them by adapting some of their procedures and techniques.

 

New! Enterprise Risk Management for
Directors - Part 1 (VAP 432)
Shawn Wolbert
In this new CUNA Volunteer Achievement Program course, developed in partnership with The Rochdale Group, credit union directors will learn the concept and scope of Enterprise Risk Management (ERM) and how it relates to the credit union movement. This module will also define the roles of the directors and how they can monitor the ongoing incorporation of this into operations for the benefit of the credit union. (Part 2 continues in the afternoon.)

 

Collateral Assignment Split Dollar Panel Discussion
John Kolhoff, Chuck Holzman and Robin Hoag
Sponsored by Holzman Corkery PLLC 
For life insurance products, the DIFS’ Office of Credit Unions is adopting the December 07, 2004 Interagency Statement on the Purchase and Risk Management of Life Insurance (issued jointly by the OCC, FRB, FDIC and OTS) which outlines important due diligence and risk management considerations and practices.

11:30-11:45 a.m. Break
11:45 a.m.-1:00 p.m. Concurrent Sessions
  Future Money: Potential Fraud and Security Implications
Ron Galloway
Money is changing from the physical to the virtual. The financial system is based on faith, and increasingly people have faith in institutions outside the traditional financial system to conduct financial transactions. For many people PayPal is their entire financial ecosystem. For millions of others, the Walmart money card is their entire financial ecosystem. All of these types of payments make an end run around the traditional banking system dominated by the written check or interchange. The rate at which virtual currencies are scaling up is impossible for regulators to keep track of. For instance Zynga's game "Empires and Allies" went from 0 users to 30 million users in 17 days. Facebook now has more than 700 million users. Added to this is the problem of mobile money, a central repository for all of someone's real and virtual money. This presentation identifies the new types of virtual money and payment systems that are appearing, and illustrates how each of them amplifies the opportunities for fraud in the financial system.
  Financial Literacy
Robin Wybenga
Sponsored by Mortgage Center
Take this time to learn about key financial reports with easy to follow explanations of the statement of financial condition. Board members will learn about important aspects of trend analysis and how to calculate significant ratios to make managing a credit union’s finances less overwhelming by consistently using several comprehensive asset liability management tools.
 

New! Enterprise Risk Management for
Directors - Part 2 (VAP 432)

Shawn Wolbert
In this new CUNA Volunteer Achievement Program course, developed in partnership with The Rochdale Group, credit union directors will learn the concept and scope of Enterprise Risk Management (ERM) and how it relates to the credit union movement. This module will also define the roles of the directors and how they can monitor the ongoing incorporation of this into operations for the benefit of the credit union. (Part 1 is being presented in the morning.)

  Consumer Financial Protection Bureau
Glory LeDu and Sarah Stevenson
Get the latest about the recently effective CFPB mortgage regulations, including an overview of the ability-to-repay, loan originator compensation, valuations and appraisal requirements, escrow rules and mortgage servicing. This presentation will provide details to help board members ensure their credit union is compliant with the new rules.
1:00-2:00 p.m. Lunch
 2:00-3:00 p.m. Optional Bonus Sessions!
10 Things to Know Before Expanding a Branch
Network

Doug Clark
Sponsored by Case Group
Get ready to discuss the ten most important areas that will impact the performance of ground-up and existing credit union branches. This is a mid- to high-level conversation that board members, CEO’s and upper management will want to be aware of and will provide information to work with other team members to set and accomplish goals. From understanding what makes a successful branch, to ongoing branch management, this session will help maximize the investment in branches.
 

Supervisory Committee Duties and Responsibilities
(VAP 300)
Robin Wybenga

Supervisory committee members must have a clear understanding of procedural requirements and keep abreast of legislative and regulatory changes that may affect the scope of their responsibilities. This session investigates the ongoing review and evaluation responsibilities of the supervisory committee, including data processing, the use of outside auditors and planning for the annual audit. Attendees will get a brief overview of the audit work program, how to conduct the audit and the highlights of the audit report.

2:00-4:00 p.m.    Optional Guest and Participant Activity
Painting With a Twist
(Ticketed; seating is limited.)
It is not fine art, it is fun art! Get ready for Painting with a Twist®, where attendees will join together with an experienced and enthusiastic local artist (and a bit of wine or beverage) to receive step-by-step instruction to create a one-of-a-kind work of art. Supplies are provided and finished projects may be taken home! Join the fun and register early!
6:00 p.m. Doors Open for Dinner
6:30-8:30 p.m. Dinner Banquet & Entertainment Featuring
THREE MEN and a TENOR

Sponsored by CU Solutions Group
(Ticketed.)
This high-energy, musical comedy group puts a smile on everyone's face and gets the crowd on their feet. It is sure to be a memorable evening that will have everyone talking about such a great event!
   
Sunday, March 16  
7:30-8:30 a.m. Breakfast Buffet
Sponsored by Sprint
8:30-10:00 a.m. Concurrent Sessions
  Board CEO Relations (VAP 405)
H. Vance Vargo
Revisit the importance of why the board and management must work together as a cohesive unit and why the strength of an individual credit union depends on this relationship. This session emphasizes team building, and it describes the elements needed to build a strong working relationship with the credit union CEO/manager.
  Compliance Update
Shawn Wolbert, Glory LeDu and Sarah Stevenson
Gather those nagging compliance questions and join this informative session that will highlight key regulatory issues and answer pressing concerns.
 

Potential Fraud Issues for Small Asset Size Credit Unions
Robin Hoag and Jack Tracy
Sponsored by Doeren Mayhew
Take this opportunity to learn about how credit union losses are frequently caused by trusted insiders. This session provides a practical approach for directors and executives to effectively monitor controls and systems, through understanding what actual situations can cause small and large losses. This is a great opportunity to learn how to prevent and detect internal fraudulent activity.  Boards and supervisory committees need to trust, but verify.

  Bank Secrecy Act for Board Members      
Barb Boyd
As a credit union leader, one of the many responsibilities is overseeing the important regulatory compliance of the Bank Secrecy Act, which requires financial institutions to assist U.S. government agencies by keeping certain records of transactions and by reporting suspicious activity that might signify tax evasion or other criminal activities. BSA compliance is a common weakness being identified in credit unions during compliance audits.

 

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