A Direct Line - A Blog addressing issues and topics of interest for Montana credit union board members
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Starting with our "Welcome aBoard" post, our weekly blog addresses issues and topics of interest for Montana credit union board members. 

Compliance Training Tools Page

One of our primary roles at the Network is helping your credit unions stay in compliance. That includes reviewing and digesting new regulations, in addition to the many rules and regs your credit union already has to comply with. It also includes providing training and resources for staff and board members. Our Compliance Training Tools page has several webinars that are available for our affiliated credit unions to download free.

Your board members might be looking to fulfill their annual Bank Secrecy Act training -- it’s there! As a state* or federal credit union, you need to be financially literate. There are two sessions there by renouned speaker Tim Harrington to help! Or, you might just want to understand some of the issues you are approving policies on, including NCUA Share Insurance, Deceased Member Issues, or Fair Lending Compliance.

Think about the Training Tools page first when you need additional knowledge, and let us know if there is a topic you want to see the Compliance Department cover.

*Remember that as of October 1, state chartered boards of directors need to have financial literacy training. That requirement has been in place for federal credit unions since 2011.

At the bottom of this page, you'll find links to past blog posts organized (loosely) into four categories. Feel free to browse. The blogs are all fairly short and provide food for thought in the areas of directors' duties and responsibilities, advocacy, working with the CEO, and ideas for strategic planning.

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