Session/Time

Title/Topic

Speaker

Registration &

Continental Breakfast

 7:30 – 8:30

General Session 1

 8:30 – 9:30

The Changing World of Credit Unions Through the Eyes of a Veteran CEO

According to veteran CEO and the new Executive Director of the National Credit Union Foundation, Bucky Sebastian, we need to look harder at where member loyalties are being built. This is one of many issues facing credit unions today that will be addressed as Bucky gives us both a historical and prospective view of our economic realities. Bucky’s passion for credit unions will be evident as he takes an energized look at where we are headed and what your credit union must do to stay in front of the pack.

Bucky Sebastian

General Session 2

 9:30 – 10:30

The State of the Credit Union Industry – A Financial Perspective 

Mike Sacher takes us on a rocky tour of the key trends and developments that are emerging in the credit union industry.  Included will be a mountaintop view of both failed and successful strategies, and some wisdom as to how to best weather this storm. 

Mike Sacher

Break

 10:30 – 11:00

General Session 3

 11:00 – 12:00

The Trail to Better Corporate Governance for Credit Unions

Hitch your wagon to this discussion on how Supervisory Committees and Board Members can execute their responsibilities both effectively and efficiently.  In this session, Mike will translate the current Rules and Best Practices into clear and concise action items that can be easily accomplished by the average Supervisory Committee.

Mike Lozoff

Lunch

 12:00 – 1:30

Lunch Provided (and luncheon speaker)

Enjoy lunch…and then the witty musings of Eddie Brill, the warm-up comedian and regular guest on the David Letterman Show. Eddie once said that comedians are the “truth tellers of the world”.  Be prepared to hear the truth!

Comedian (Eddie Brill)

Workshop 1

 1:30 – 2:30

 2:45 – 3:45 

Making Sense of IT Security

Information Technology (IT) is a critical part of your credit union's operational strategy.  Find out why IT matters to you, the members, the auditors, and the regulators. This workshop will give you a view of the basics, and make IT security understandable for those of us who don't live in an IT world.

Hugh Chakler

Workshop 2

 1:30 – 2:30

 2:45 – 3:45

The Hair-pulling Challenge of Regulatory Compliance

Credit unions of all sizes are faced with an increasingly complex regulatory environment, and enforcement actions are not a myth.  In this workshop, you will get no nonsense, practical advice on the controls your credit union should have in place, as well as advance warning on some areas the regulators are focusing their attention. This discussion will leave you well prepared to ask some meaningful questions to help gain assurance that your credit union is responsibly addressing regulatory compliance issues.

Workshop 3

 1:30 – 2:30

 2:45 – 3:45

The Allowance for Loan Losses – Techniques to Help Corral that Right Answer

Spend an hour with the master technician in slicing and dicing the components that make up the allowance for loan losses.  Mike will present the basics of this very complex area in a practical and understandable manner.

Mike Sacher

Workshop 4

 1:30 – 2:30

 2:45 – 3:45

For New Committee Members – How Did I Get Here and What Do I Do Now?

Whether you were elected, recruited, or just plain tricked, you are now on the Supervisory Committee and have immense fiduciary responsibilities.  This session will cover the Committee structure, meetings, minutes, regulations, and more. This is a must-attend workshop for new Committee members as well as those that just want a “refresher”.

Dan Moulton

Break

 3:45 – 4:00

Workshop 5

 4:00 – 5:00

Credit Union Mergers and Acquisitions – Truly a New Frontier

With both the opportunity and inevitability of credit union mergers evolving, so have the rules that deal with these opportunities. This workshop explores the cultural and regulatory environment, and how the landscape has changed from both a financial and accounting standpoint.

Allen Carver and John Murnane

Workshop 6

 4:00 – 5:00

The Pony Express to Now – How Well Do You Protect Member Information?

A lot has changed since information was transported on horseback and you saw the “information thieves” at gunpoint.  In this workshop, learn about the techniques today’s criminals use to steal your member information and common mistakes credit unions make in not protecting the many areas of vulnerability where your member data resides.

Dan Juneau

Workshop 7

 4:00 – 5:00

Who’s the Boss – Managing and Making the Most of Your Internal Audit Function

The importance of the Committee’s role in directing the internal audit function is often understated or overlooked.  Join this workshop of other Committee members and internal audit veterans to share tips and techniques for keeping the internal audit function vibrant, efficient, and relevant.

Workshop 8

 4:00 – 5:00

Advanced Supervisory Committee Responsibilities – Hands On Workshop

For Committee veterans, this workshop will explore the issues of the day with no subject off limits. Included in the discussions will be topics such as the share insurance fund, member verifications, auditor selection, internal audit reporting, and any unique and challenging issues you have faced in fulfilling your role.

Moulton and Orth

Session/Time

Title/Topic

Speaker

Continental Breakfast

 8:00 – 8:30

General Session 4

 8:30 – 9:30

Tales From the Regulatory Battlefield

Bringing the unique perspective of a retired and highly respected NCUA veteran, Allen Carver will provide an entertaining and practical approach on how the Supervisory Committee and Board of Directors can get the most out of their relationship with the credit union’s examiner. Included will be tips on what the examiners look for when evaluating credit union management and officials.

Allen Carver

General Session 5

 9:30 – 10:30

How do Oil Spills and Senate Bills Affect Your Credit Union?

With ever-increasing consumer outcries, Congress is beating the drum, and financial regulators have issued several advisory letters on risk.  Could the crisis have been prevented if these items had been previously implemented?  Although audit and examination is imperative, Emily will entertain the question of which processes are critical and which are excessive? 

Emily Hollis

Break

 10:30 – 11:00

General Session 6

 11:00 – 12:00

What Have We “Not” Learned

After a day and a half, we have had speakers and workshops cover a wagon full of industry topics, but you can never get enough of a good thing. This session will be your chance to bring up additional topics or to just get a clarification of issues previously discussed.  Our expert panel may not have all the answers…but they will take their best shot at your questions.

Expert Panel

Lunch on Your Own

(Explore the Resort)

 12:00 – 1:30

Workshop 9

 1:30 – 2:30

 2:45 – 3:45

What the Supervisory Committee Should Know About Examiner Findings

A primer for Boards, Committees, and Executive Management, this session targets how to approach, understand, and negotiate the terms of Documents of Resolution “DOR’s” and Letters of Understanding and Agreement “LUA’s”.  Included will be an overview of the examiner’s perspectives and objectives under NCUA guidelines, and some guidance in addressing examiner findings head on.

Mike Lozoff

Workshop 10

 1:30 – 2:30

 2:45 – 3:45

How to Read, Interpret, and Mine That Key Financial Data

The financial statements can reveal a wealth of intelligence about your credit union’s performance and risks. Join Doug in this workshop as he reveals the tricks to “mining” for those important nuggets of information that will help you know when and how to ask the right questions.

Doug Orth

Workshop 11

 1:30 – 2:30

 2:45 – 3:45

What do Texas Rangers and Lori Carmichael Have in Common? (They Know About Bad Guys)

Although not in law enforcement, Lori has seen her share of credit union “bad guys” and knows the areas most appetizing and vulnerable to the fraudsters.  This workshop will reveal some recent scams and embezzlements and explore the controls needed to shut them down.

Lori Carmichael

Workshop 12

 1:30 – 2:30

 2:45 – 3:45

How Investment Strategies Can be Used to Position Credit Unions for Success

The economic atmosphere is conducive for high demands of deposits.  Therefore, an investment strategy that includes allocations and volatility targets set by balance sheet risk tolerance guidelines should be adopted and adhered to. Join Emily as she explains what that all means and what we should be doing about it!

Emily Hollis