MADISON, Wis. – Stay ahead of possible swine flu issues by creating thorough, quickly implemented credit union pandemic plans with advice from a newly added audio conference from CUNA.

On Friday, May 15, Pandemic Planning – Is Your Plan Ready to Go? helps credit unions prepare for business as usual with a skeleton crew on a moment’s notice, should the need arise. The audio conference will discuss what is critical to have in the pandemic portion of a credit union’s business continuity plans and how to quickly put plans into action that will keep staff safe while continuing to provide service to members. The difference between pandemic plans and other disaster plans will also be covered.

And based on credit union feedback, topics were recently selected for the May 21 Pressing Credit Union Compliance Issues audio conference. The agenda is divided into two parts, to address immediate and upcoming issues, and allows participants the opportunity to ask questions about the topics discussed after each section.

Part I: Areas currently requiring special attention by credit unions, features:

• Impact from the Federal Reserve’s final Regulation Z open-end credit rule on multi-featured open-end lending plans;
• How the National Automated Clearing House Association's International ACH Transaction Rule will help credit unions comply with Office of Foreign Assets Control regulations;
• Update on Financial Crimes Enforcement Network’s FIN-2009-G001: the 50 percent annual gross revenue limitation for phase II exemptions, and FIN-2009-A001: reporting loan modification/foreclosure rescue scams on the suspicious activity report;
• Examiner issues with credit union's disaster recovery and business continuity programs;
• New Regulation Z disclosure requirements for mortgage loans, effective July 30, 2009; and
• Regulation Z amendments to advertising rules for mortgage loans, effective Oct. 1, 2009.

Part II then offers a quick overview of other compliance issues coming down the pike. It will explore proposed amendments and notable legislative and regulatory developments on overdrafts, credit cards, mortgages, the Fair and Accurate Credit Transactions Act, deposit insurance, Internet gambling, the Community Reinvestment Act, and more.

Tuition price for the live audio conferences is $89 and also includes access to the archived event for six months. For more information or to sign up, visit training.cuna.org, and select the
“Audio Conferences” link.