EVENT TYPE / COST: CUWT CD-ROM & unlimited on-demand access, $175

ADDED BONUS:  When you order this CD ROM, you will also receive a complimentary web link for unlimited on-demand viewing of this presentation from February 5 through August 31, 2010

The Federal Reserve is in the last stages of restructuring its check-processing districts.  On February 26th the Fed will eliminate the use of the non-local check timeframes and holds.  What does this mean to your credit union and your member?

This presentation will look at required new disclosures, how to instruct your frontline staff, why credit unions will use exception holds almost exclusively, and how to manage the risk associated with fraudulent checks.  We will address your cash availability procedures and teach you how to manage the 4:00 p.m. return deadline notifications.  This important session will also cover your credit union’s liability if you fail to place proper holds, fail to properly notify members, or if checks are wrongfully returned.  Learn the operational issues of Regulation CC from the frontline to the bottom line.

HIGHLIGHTS

• How check restructuring affects risk
  
• How to work with your new disclosures
  
• How to prepare your frontline staff
  
• Why case-by-case holds will not be as useful
  
• What members do we notify of holds?  What are the timeframes?
  
• Using Reg CC holds in the restructured check world
  
• Implementing cash rules – does it make sense now?
  
• One-time hold notices – a new tool?
  
• Other key components of Reg CC (i.e. large item return timeframes)
  

WHO SHOULD ATTEND?
This informative session is a must for compliance officers, security officers, trainers, branch administration, head tellers, tellers, and anyone involved with Regulation CC at your credit union.

SPEAKER – Deborah Crawford is the President of gettechnical inc., a Baton Rouge-based firm, specializing in the education of financial institutions across the nation.  Her 20+ years of experience began at Hibernia National Bank in New Orleans.  She graduated from Louisiana State University with both her bachelor’s and master’s degrees. 

Debbie specializes in the education of financial institution employees and officers in the area of deposit account laws, new account documentation, insurance, complex compliance regulations and IRAs.