Bank Secrecy Act for Directors This webinar (July 2019) spends 56 minutes discussing the board’s BSA oversight role to help meet the annual training requirement. It provides a general overview of the Bank Secrecy Act and outlines the various board responsibilities with BSA compliance, as well as an update on the latest in BSA-related news.
CU Webinar Network developed a series of six webinars designed just for boards of directors. The best part is — the modules are 20-40 minutes long, so they are short enough to do during a board meeting without much interruption to your meeting schedule. You can also plan to do them on your own time as an independent training to get up to speed on a particular topic.
The topics are timeless, necessary knowledge for all directors and include the following modules:
Board Essentials Modules
- The Board’s Role with BSA
- The Board’s Role with Cyber Security
- The Board’s Role with Risk Management
- Restrictions on Loans to Directors
- Board Membership Basics
- Director Liability
The modules are presented by two of their finest speakers: Ann Brode-Harner and Elizabeth Fast, and follow-up contact information for the speakers is available if questions arise.
The Credit Union National Association (CUNA) offers many learning opportunities for credit union volunteers. Below are a few of their in-person schools. Other opportunities can be found on their website.
Director Financial Literacy is required for all credit union board members within six months of joining the board, and suggested periodically as a refresher. Tim Harrington of TEAM Resources provided the three sessions below and we encourage you to take advantage of the training individually, or as a board.
Effective Board Meeting Series NCUA produced a four-part series on the elements of an effective board meeting. The short video segments are available at no cost on the Agency’s YouTube channel.
Learning Management System The online Learning Management System has a whole channel dedicated to Governance topics. All training is free, and new topics are being added regularly.
Supervisory Committee Training Series NCUA produced short video segments to help supervisory committee members understand their important role better. These short videos are free to watch and recommended for any new committee member, or as a refresher for the whole committee.
OFAC Compliance is a 30-minute session that goes with the email series listed below or can be used on its own for training.
