RELEASE DATE: APRIL 7, 2025
ANTICIPATED DURATION: 60 MINUTES

The Contracts 101 course is not your basic introduction to contracts.  Instead, we’re going to discuss key contractual provisions that should appear in nearly all service provider contracts, such as language that can be used to ensure that vendors:

• Comply with state and federal law;
• Have and maintain any required licenses;
• Have and maintain appropriate insurance; and
• Detect, prevent, and mitigate the risk of identity theft. 

Beyond this, we’ll also discuss other key contractual elements, such as:

• Language that will preserve your right to dispute invoices;
• Business continuity and disaster recovery clauses;
• Language that should be included in contracts for mortgage loan origination services;
• Issues regarding taxation;
• Complying with due diligence requirements;
• What you need to know about warranty disclaimers; and
• How to avoid pitfalls when price increases are tied to the Consumer Price Index (CPI).

Finally, we’ll cover what you should know about the following important topics:

• Attorney’s Fees provisions;
• Arbitration;
• Force majeure clauses; and
• Governing law and venue.

SUBJECT MATTER EXPERT

As Managing Partner of Okun Loritz LLP, attorney Dan Loritz assists the firm’s clients with bond/insurance claims, business and consumer deposit and lending documentation, contract review and negotiation, regulatory compliance, employment law and personnel issues, and privacy matters. Dan is a frequent speaker at credit union industry events concerning legal and compliance topics and is the author of numerous publications. Prior to practicing law, Dan worked as a personal banking officer at a major California bank. He is a member of the State Bar of California and the Financial Institutions Committee of the State Bar of California.

LEARNING METHOD This training is available as an on-demand webinar, organized into chapters. Learners can choose to watch individual chapters or complete the entire program. Unlimited testing is provided as the last chapter. 

EXPIRY NOTE eTrain reserves the right to expire program links that may include information no longer valid such as regulation and rule changes. In most cases, we will expire a program no more than 4 weeks prior to an updated version being released. Expired programs will still appear in your My Account details area with EXPIRED and the year of the release in the title field. However, you will not be able to view the training or access the handouts.

RELEASE DATE: APRIL 14, 2025
ANTICIPATED DURATION: 60 MINUTES

Understanding the key components of a strong vendor due diligence program is essential for managing third-party risk in credit unions. This webinar will explore the critical elements your program should include, such as risk assessments, planning, due diligence, ongoing risk monitoring, and policies, all within the framework of NCUA guidance. We will also discuss how to identify critical vendors. This session will provide valuable insights into structuring an effective due diligence framework. Ensure your credit union is equipped to manage vendor risks while maintaining operational resilience.

SUBJECT MATTER EXPERT:

Tiffany Villagomez is a Compliance Officer with ViClarity. Her credit union career started in 2013 and she has held many roles within the industry, from frontline teller to executive administrative assistant, to compliance specialist and compliance officer. She has also supported the credit union movement by serving as a Chapter Board Member and Young Professional alum for the league in the great state of Texas. Tiffany has extensive knowledge in board governance, operations, BSA and regulatory compliance. She currently provides state and regulatory compliance assistance and training to ViClarity’s affiliated leagues and partners, helping credit unions nationwide.

ViClarity (formerly PolicyWorks) serves credit unions by assisting them in maintaining regulatory compliance, soundness, and overall strength. With its comprehensive features in technology, compliance, audit, and risk management, ViClarity is a pivotal resource for credit unions seeking excellence in their operations.

LEARNING METHOD This training is available as an on-demand webinar, organized into chapters. Learners can choose to watch individual chapters or complete the entire program. Unlimited testing is provided as the last chapter. 

EXPIRY NOTE eTrain reserves the right to expire program links that may include information no longer valid such as regulation and rule changes. In most cases, we will expire a program no more than 4 weeks prior to an updated version being released. Expired programs will still appear in your My Account details area with EXPIRED and the year of the release in the title field. However, you will not be able to view the training or access the handouts.

RELEASE DATE: MAY 5, 2025
ANTICIPATED DURATION: 60 MINUTES

Our subject matter expert is working on creating a program description for this title. Please check back soon for more details.

SUBJECT MATTER EXPERT

Moore, Brewer & Wolfe, a Professional Corporation specializes in serving the legal needs of credit unions and credit union service organizations throughout the United States. With over 400 clients, the firm represents credit unions with assets ranging from less than one million to more than ten billion dollars, and organizations ranging from start-ups to established multi-state enterprises. With our robust team of attorneys, ours is one of the largest law firms dedicated to providing legal services to credit unions and credit union service organizations.

LEARNING METHOD This is an on-demand e-learning program requiring learners to interact and actively engage throughout the training.  

EXPIRY NOTE eTrain reserves the right to expire program links that may include information no longer valid such as regulation and rule changes. In most cases, we will expire a program no more than 4 weeks prior to an updated version being released. Expired programs will still appear in your My Account details area with EXPIRED and the year of the release in the title field. However, you will not be able to view the training or access the handouts.

RELEASE DATE: MAY 5, 2025
ANTICIPATED DURATION: 60 MINUTES

Building on the topics covered in Contracts 101, the Contracts 102 course covers additional key contractual provisions, including performance, warranties, limitations of liability, and termination of contracts.   This is a “high-level” course that will provide suggested language and valuable examples.

Specifically, we’re going to cover:

• The importance of term and termination clauses;
• Termination for cause and termination for convenience (full and limited);
• Deconversion costs and limitations;
• The “ins and outs “of Service Level Agreements, including remedies;
• The importance of including a Performance Warranty;
• The right way to allow for product/service testing, correction, and acceptance of deliverables;
• Whether you need source code escrow for licensed software;
• What software warranties a vendor should provide;
• Limitation of liability issues; and
• Understanding the need for and the differences between indemnity, mutual indemnity, infringement indemnity, and third-party claims indemnity.

SUBJECT MATTER EXPERT

As Managing Partner of Okun Loritz LLP, attorney Dan Loritz assists the firm’s clients with bond/insurance claims, business and consumer deposit and lending documentation, contract review and negotiation, regulatory compliance, employment law and personnel issues, and privacy matters. Dan is a frequent speaker at credit union industry events concerning legal and compliance topics and is the author of numerous publications. Prior to practicing law, Dan worked as a personal banking officer at a major California bank. He is a member of the State Bar of California and the Financial Institutions Committee of the State Bar of California.

LEARNING METHOD This training is available as an on-demand webinar, organized into chapters. Learners can choose to watch individual chapters or complete the entire program. Unlimited testing is provided as the last chapter. 

EXPIRY NOTE eTrain reserves the right to expire program links that may include information no longer valid such as regulation and rule changes. In most cases, we will expire a program no more than 4 weeks prior to an updated version being released. Expired programs will still appear in your My Account details area with EXPIRED and the year of the release in the title field. However, you will not be able to view the training or access the handouts.

RELEASE DATE: MAY 5, 2025
ANTICIPATED DURATION: 120 MINUTES

 Our subject matter expert is working on creating a program description for this title. Please check back soon for more details.

SUBJECT MATTER EXPERT

Moore, Brewer & Wolfe, a Professional Corporation specializes in serving the legal needs of credit unions and credit union service organizations throughout the United States. With over 400 clients, the firm represents credit unions with assets ranging from less than one million to more than ten billion dollars, and organizations ranging from start-ups to established multi-state enterprises. With our robust team of attorneys, ours is one of the largest law firms dedicated to providing legal services to credit unions and credit union service organizations.

LEARNING METHOD This is an on-demand e-learning program requiring learners to interact and actively engage throughout the training.  

EXPIRY NOTE eTrain reserves the right to expire program links that may include information no longer valid such as regulation and rule changes. In most cases, we will expire a program no more than 4 weeks prior to an updated version being released. Expired programs will still appear in your My Account details area with EXPIRED and the year of the release in the title field. However, you will not be able to view the training or access the handouts.