MADISON, Wis. (January 13, 2010) - In response to high demand, CUNA has announced the launch of five new job specific Training on Demand programs to help credit unions meet their Bank Secrecy Act (BSA) training challenges. These programs are designed to address the compliance requirements of credit unions by specific staff positions:

• Operations Staff - This program addresses how to spot circumstances in daily activities when a Currency Transaction Report
  (CTR) and a Suspicious Activity Report (SAR) needs to be filed. Participants will also learn the information that must be gathered
  when members request wire transfers and understand what information must "travel" with that wire.
• Consumer Lending Staff - Lending is an area that money launders have been able to successfully use to get money gained from
  illegal activity into the system and clean money back out. During this program, participants learn the red flags to spot potential
  money laundering specific to the credit union loan process.
• Member Business Loans - Business lending offers many unique opportunities and challenges for credit unions, so specialized
  knowledge of business organizations, transactions, and underwriting is essential for credit union staff in this area. During this
  program, staff will learn the importance of doing a thorough check of new business loan members using Member Identification Policy
  and Customer Due Diligence programs.
• Tellers - A credit union?s tellers have daily contact with members and are the frontline defense against BSA violations.
  This training program will provide the knowledge of when to file a CTR and SAR as well as what information needs to be contained in
  those reports.
• New Accounts Staff - While it's a pleasure being able to shake the hand of a new member, the steps leading up to that moment
  require specific BSA actions. Participants of this program will earn the importance of conducting a thorough due diligence review
  with new members so the account activity can be monitored for any possible illegal activity.

Each downloadable CUNA Training on Demand package consists of a 30-45 minute video-like training presentation, printable workbooks,
and five online exams for optional testing. The portable presentations can be saved to a computer, DVD, or USB drive and used an unlimited amount of times. The programs ensure a credit union can:

• Highlight the most important issues in 30-45 minutes
• Download training immediately
• Watch from anywhere with portable training that can be saved to a computer, CD, or USB drive
• Deliver the right information with credit union specific content
• Provide the most accurate, up-to-date information with expert instruction
• Prove knowledge of the most critical issues with printable workbooks and optional testing

Each topic sells to credit unions for $149; however, members of CPDOnline receive access to all Training on Demand courses and exams included in their membership. For more information, visit training.cuna.org, and select the "Training on Demand" link.