RELEASE DATE: AUGUST 7, 2023
DURATION: 45 MINUTES
With the Board being ultimately responsible for the credit union’s Bank Secrecy Act and Anti-money Laundering and OFAC programs; and the Supervisory Committee being responsible for overseeing the board as well as audit performance, it is clear that an understanding of the credit union’s responsibilities in those areas is needed. This webinar gives a solid overview of the requirements for Bank Secrecy Act and OFAC compliance as well as the expectations that regulators have of volunteers when fulfilling their role at the credit union. Credit committee members and other volunteers will also gain valuable insight into these programs.
This webinar was created for all credit union volunteers: Board, Credit Committee, Supervisory Committee; Credit union support staff who do not handle member transactions may also benefit from the information presented here.
MEET THE PRESENTER
Mary-Lou Heighes is President and founder of Compliance Plus, Inc., which has been helping financial institutions with the development of compliance programs since 2000. She provides compliance training all over the country for various trade associations and financial institutions, and also speaks at numerous financial institution conferences throughout the country. Mary-Lou has been an instructor at regulatory compliance schools and conducts dozens of webinars for organizations throughout the country.