Drakes Monday Bootcamps - Guidance through Compliance Minefields webinar series

  • Overview

  • Detail

  • Speakers

  • Also Available

  • About CUNA Webinars


Feb. 10 - Aug. 11, 2014

2:00-3:00 PM CDT

Credit union compliance often feels like a combat zone. The endless line-up of traps, pitfalls and hidden risks can be challenging to even the most experienced. In this seven-part series, Frank Drake, a 30-year industry leader in practical compliance will guide you through specific compliance landmines to help you avoid unwanted exposure to legal claims. You’ll walk away with practical tools and the knowledge you need to enter the combat zone!

What you can look forward to during this webinar series:

  • The speaker will be collecting questions throughout the sessions to use in session follow-ups
  • Personalized training will be provided as the speaker will reach out to attendees after the sessions to answer questions they may have
  • Detailed session notes will include specific examples and model forms to follow

SAVE $413! Purchase this seven-part bootcamp webinar series and save $413 over the regular price of $219 for each individual session.

Who Should Attend

This webinar series is designed for credit union operations, lending and compliance staff. Affiliation with CUNA/League is required for attendance.

Buy Now $1,120.00
Please view cart for pricing
and product options


Feb. 10 - Aug. 11, 2014

2:00-3:00 PM CDT

Class 1: February 10, 2014

Member’s Power of Attorney

  • Distinctions between “durable” and “non-durable” POAs
  • Risks associated with “home-made” POAs
  • Special rules applicable to “military” POAs
  • OFAC, MIP, red-flag and AML considerations with POAs

Class 2: March 10, 2014

Deceased Members and Probate Matters

  • Distinctions between “executors”, “estate administrators”, heirs and survivors
  • Totten trusts
  • Share liens vs heirs’ claims
  • Primary and ancillary estates
  • Heirs vs CU: Who has first claim to collateral?

Class 3: April 14, 2014

10 Steps to Proper Chattel Lien Reinforcement

  • Creation, attachment and perfection of chattel liens
  • Can unfiled liens still be enforced?
  • How to deal with multiple owners
  • The Rapson Rule
  • The 60% Rule
  • Dual resale notice requirements
  • ”Public auction” vs “private sale to the public’

Class 4: May 12, 2014

Traps and Tripwires in Reg X and the UCC

  • New QWR rules and deadlines
  • How a cross-collateral clause can be destroyed with one letter
  • How a statutory lien on shares can be destroyed with one letter
  • How members can use the CU’s money to cure the member’s loan delinquency
  • How a single flawed notice can sacrifice a repossession deficiency

Class 5: June 9, 2014

NPI Redaction and Wages of Sin

  • Unexpected examples of NPI
  • NPI violations in small claims court and county land records
  • NPI violations in bankruptcy court & Rule 9037(a)
  • NPI violations in probate Proofs of Claim
  • Penalties for NPI violations

Class 6: July 14, 2014

3rd Party Vendors and Regulatory Compliance Demands

  • What is your lawyer’s NPI policy?
  • Can you demand a disaster recovery plan from your core processing provider?
  • Confidentiality minimums imposed by Part 748
  • Car dealerships and CTRs
  • Damage limitation provisions in 3rd party servicing contracts

Class 7: August 11, 2014

Bargaining with the Devil – Understanding Vendor Contracts

  • Vendors’ take-it-or-leave-it attitudes
  • The dreaded venue restriction
  • Useless damage limitation provisions
  • Arbitration clauses and jury trial waivers
  • Unequal indemnity agreements
  • The “draftsman’s rule” of contract interpretation
Buy Now $1,120.00
Please view cart for pricing
and product options


Feb. 10 - Aug. 11, 2014

2:00-3:00 PM CDT

Frank Drake

Frank DrakeFrank is a partner at the Raleigh-based firm of Smith Debnam Narron Drake Saintsing & Myers LLP where he concentrates his law practice in the areas of creditors' rights, creditors' bankruptcy and commercial litigation.

Combining 30 years of practical legal experience with a robust, energetic communication style, Frank lectures from his sizeable repertoire of topics, typically of interest to those in the financial industry. Whether leading a basic training on bankruptcy or teaching a seminar on hot compliance issues, Frank has a flair for presenting technical material in an entertaining way sending his audience away with useful tips and practical resources.

Frank has worked with credit unions, banking and financial institutions, consumer and commercial lenders, and student loan agencies to enforce contracts, minimize losses, and fight fraud. As federal regulatory compliance has become increasingly complex, he also assists lenders with difficult compliance issues.

Buy Now $1,120.00
Please view cart for pricing
and product options


Feb. 10 - Aug. 11, 2014

2:00-3:00 PM CDT

Recorded Event

All live event registrations include credit union access to the recorded event. You may also purchase the recorded event separately. Click here to see more about purchasing the recorded event. Recorded events can be accessed by anyone at a registered credit union through My Programs.


Only interested in a specific topic? Select individual sessions are available as webinars for $219 each.

See a complete list of Drake's Monday Bootcamps - Guidance through Compliance Minefields Webinar Series Sessions.

See a full list of upcoming events.

Buy Now $1,120.00
Please view cart for pricing
and product options


Feb. 10 - Aug. 11, 2014

2:00-3:00 PM CDT

CUNA is a leading provider of webinars to the credit union movement. Just like face-to-face classes, CUNA webinars allow you to see and hear a presentation, ask questions of the speaker and refer to handouts. With topics spanning all credit unions' business areas, CUNA Training Bundle affordably provides unlimited access to all CUNA webinars, eSchools and audio conferences for all staff, managers and board members.

Registration includes credit union access to the recorded event through My Programs.

Connecting to Your Webinar

CUNA webinars use Adobe Connect to provide an interactive and convenient online learning environment. Whether you are a first-time Adobe Connect user, or simply need a refresher, take a short tour. You'll learn how to effectively interact with the speakers and your peers during live webinars.

You need a phone and a computer with an Internet connection. Event connection details will be emailed to registered attendees 24-48 hours prior to the event. If you register for an event on the day it is being held, please call 800-356-9655, ext. 4249 or email for assistance.

Recorded Event

All registrations include credit union access to a recording of this event. Recorded events are available within 48 hours of the live event. Recorded events can be accessed by logging into My Programs using your CUNA website username and password.


CUNA Council members and CUNA Volunteer Network members receive a $50 discount. Credit unions with less than $50 million in assets receive a $50 discount by applying promo code CUSMALL during checkout. Your final price will be visible at checkout. Only one discount applies.

100% Guarantee

CUNA is committed to providing a quality learning experience. If for some reason you are not fully satisfied, contact us and we'll provide you a full tuition refund or credit.


Cancellations received in writing (via fax 608-231-4327) seven or more days before the start of the program are eligible for a refund of the amount paid minus a $30 administrative fee. No refunds will be granted if cancellation is received six days or less before a program begins. Substitutions are accepted anytime prior to the start of the program at no additional cost. Simply fax event and contact information, listing the new participant and who they will be replacing. Cancellation fees do not apply for free or complimentary programs.

Buy Now $1,120.00
Please view cart for pricing
and product options