Detailed agenda for online

Southeast Directors and Supervisory Conference Sunday, August 2 12:15pm - 3:00pm

Director's Institute Registration

12:45pm - 2:45pm

DI Session - Director's Liability (V406M) Laura Lee Vann, CUDE, vice president of cooperative initiatives, LSCU One of the main goals of the board is to avoid any situation or action that could give rise to a lawsuit. This course will help you gain a greater understanding of the legal duties and responsibilities directors owe the credit union and their fellow members. It is intended to make you aware of some of the regular practices of the credit union that may be taken for granted, which could give rise to a lawsuit.

DI Session - Understanding Audit Reports (V428M) David LeNoir, CUDE CCUFC, member relations consultant, LSCU This course will help you understand the history of the NCUA, and outline the four NCUA mandates that the Supervisory Committee must enforce. You will get a list of the four types of audits that the NCUA permits, and who is eligible to perform. By the end of this course, you will be able to identify the reports necessary for each audit option, and understand the information contained within them.

3:00pm - 5:00pm

DI Session (repeat) - Director's Liability (V406M) Laura Lee Vann, CUDE, vice president of cooperative initiatives, LSCU DI Session (repeat) - Understanding Audit Reports (V428M) David LeNoir, CUDE CCUFC, member relations consultant, LSCU

5:00pm - 6:00pm Monday, August 3 8:30am - 9:45am

10:00am - 11:30am

Reception

Opening Remarks & State of the Union Address Steve Swofford, president / CEO of Alabama CU Breakout: Emerging Risks You Need to be Aware of Today Ken Otsuka, senior consultant of risk management, CUNA Mutual Group Running a credit union is different now. Economic drivers, the current regulatory and social climate, and technology advances have all increased exposures for credit unions and the people who run them. In this session the presenter will talk about current loss and litigation trends and give insights into emerging risk from the insurance perspective and how they fit into the credit union’s overall risk environment. The pace of change is moving faster than ever. You will obtain recommendations on how your credit union can address these emerging issues.

Breakout: BSA for Directors April N. Ales, CCUFC, CUDE, BSACS, member relations consultant, LSCU Bank Secrecy Act (BSA) compliance remains high on the examiners list for all credit unions, so credit union volunteers need to be familiar with BSA requirements. This second edition course provides a comprehensive overview of BSA for directors. Topics include the specific actions that your board must take to keep in front of this issue.

11:45am – 12:45pm

Lunch

1:00pm - 2:15pm

Breakout: Nothing's More Devastating Than Internal Dishonesty Ken Otsuka, senior consultant of risk management, CUNA Mutual Group The more complete the internal controls, the less tempted an employee will be to commit a dishonest act. Internal controls should constitute a system of checks and balances that hold individuals accountable for their actions and limit the potential impact of employee dishonesty.

Discussion based on key insights, real-life case studies, warning signs, and implementing loss controls will help you cover your bases.

Breakout: Supervisory Committee - What You Need to Know Laura Lee Vann, CUDE, vice president of cooperative initiatives, LSCU and David LeNoir, CUDE CCUFC, member relations consultant, LSCU 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 course 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.

You'll also get an overview of the audit work program, conducting the audit, and the audit report.

2:20pm - 3:45pm

NCUA Update Mark Cantor, director of special actions, NCUA Region III, Atlanta Learn about the current administration priorities and hot button issues.

Tuesday, August 4 8:30am - 10:00am

Economic Update Steve Rick, chief economist, CUNA Mutual Group

10:15am - 11:45am

Breakout: Malware, Mules, & Money Steve Stasiukonis, president, Secure Network Technologies Financial crimes using the Internet have skyrocketed. Cyber-criminals now use sophisticated applications in their attacks, making it easier for them to breach security. Hear actual cases where these applications, along with social engineering and hacking techniques, have been used to perpetrate attacks. Learn actionable and practical strategies for protecting your credit union’s data from being compromised.

Breakout: Board Governance & Risk Management Mark Cantor, director of special actions, NCUA Region III, Atlanta 12:00pm - 1:00pm

Lunch

1:15pm - 2:30pm

SAS Roundtable Mid-size Roundtable Large-size Roundtable Best practices roundtable discussions – Join peers of a similar asset size to share best practices, challenges, success stories and lessons learned in a casual open dialogue.

Wednesday, August 5 8:30am - 10:00am

Principles for Credit Union Leadership John Tippets, former CEO of American Airlines FCU, Former Interim CEO of North Island CU John Tippets had two successful runs as a credit union CEO including one stint where he was recruited out of retirement to rescue a credit union on the verge of collapse. While the situations John faced throughout his career as a credit union CEO changed the principals remained constant and focused mainly around passion and caring.