Volunteers, including board members and committee participants, play an important oversight role in a credit union’s Bank Secrecy Act (BSA) compliance program. Regulators expect that
Event Details
Volunteers, including board members and committee participants, play an important oversight role in a credit union’s Bank Secrecy Act (BSA) compliance program. Regulators expect that individuals in governance and oversight positions have a general understanding of BSA/AML requirements, associated risks, and their responsibilities in ensuring an effective compliance program.
This course is designed specifically for volunteers and provides a high-level, practical overview of key BSA concepts, including:
Purpose and background of the Bank Secrecy Act
Role of government agencies in BSA/AML enforcement
Overview of money laundering and terrorist financing
Potential penalties for non-compliance
Latest developments impacting BSA requirements
Board of director responsibilities and oversight expectations
Core components of an effective BSA compliance program
Overview of Suspicious Activity Reports (SARs)
Office of Foreign Assets Control (OFAC) requirements
This session focuses on governance, risk awareness, and oversight—not day-to-day operational responsibilities—helping volunteers fulfill their duties with confidence and ensure the institution maintains a strong culture of compliance.
Join fellow credit union risk management professionals for a networking lunch designed to spark meaningful conversation and peer connection. Lunch will be provided, and the
Event Details
Join fellow credit union risk management professionals for a networking lunch designed to spark meaningful conversation and peer connection. Lunch will be provided, and the discussion topics will be guided by attendees, giving participants the opportunity to share challenges, exchange ideas, and learn from one another’s experiences in risk management.
Please RSVP to Antonia Scott as@utahscreditunions.org if you’d like to attend.
Hosted at the Association’s offices in Salt Lake City, and lunch will be provided.
This four hour session (including a 30 minute lunch break) provides an in-depth look at the issues reshaping AML/CFT compliance in 2026. Participants will work through recent regulatory
Event Details
This four hour session (including a 30 minute lunch break) provides an in-depth look at the issues reshaping AML/CFT compliance in 2026. Participants will work through recent regulatory actions, FinCEN guidance, interagency information-sharing tools, and the technologies and typologies driving examiner focus. The course balances regulatory grounding with practical application.
Topics covered in this session include: *Internet Crime Complaint Center (IC3) — IC3’s role in reporting cyber-enabled financial crime and how BSA professionals can leverage complaint data. *Proposed AML/CFT Rule — Key provisions of FinCEN’s proposed rulemaking to modernize AML/CFT program requirements. *CDD Exceptive Relief for Beneficial Ownership — FinCEN’s 2026 exceptive relief exempting credit unions from certain beneficial ownership requirements for legal entity customers. *Using Section 314(b) for Fraud — Using FinCEN’s latest guidance to expand fraud information sharing. *FinCEN Alerts, Advisories, and SAR Trends
Join fellow credit union HR and Org Development staff for a networking lunch designed to spark meaningful conversation and peer connection. Lunch will be provided, and the discussion
Event Details
Join fellow credit union HR and Org Development staff for a networking lunch designed to spark meaningful conversation and peer connection. Lunch will be provided, and the discussion topics will be guided by attendees, giving participants the opportunity to share challenges, exchange ideas, and learn from one another’s experiences.
Please RSVP to Antonia Scott at as@utahscreditunions.org if you’d like to attend.
Lunch will be provided at the Association’s offices in Salt Lake City.
As faster payment technologies emerge, it’s up to you to keep up and still look for and detect fraud. This webinar will focus on the
Event Details
As faster payment technologies emerge, it’s up to you to keep up and still look for and detect fraud. This webinar will focus on the risks of faster payments and some of the tools available to protect your financial institution.
