Attend the Fair and Accurate Credit Transaction Act (FACTA) eSchool to learn more about the newest amendment to the Fair Credit Reporting Act (FCRA).

Recently there have been several components of the FACTA amendment to the FCRA. This webinar has been designed to give you a solid understanding of your credit union's rights and responsibilities when using credit reports.

This webinar is a part of the Fair and Accurate Credit Transactions Act (FACTA) eSchool which starts September 27, 2010. Click here for more information

For additional training, register for the CUNA Fair & Accurate Credit Transactions Act (FACTA) eSchool, which starts September 27, 2010.
Click here for more information.

Can't attend at this time? Click here for the archived version.

Fair Credit Reporting, Consumer Reports & Basics Every Credit Union Needs to Know

The following credit report questions will be answered:

• What constitutes a permissible purpose?
• Do you need a signature on a loan application before pulling credit?
• What can you do with the information once you get it, especially medical information, sharing with affiliates and prescreens?
• When should you provide an adverse action notice?
• What are the special rules for pulling credit reports on a prospective or current employee?

This webinar will provide valuable information for your credit union’s compliance, lending and operations staff members.

Affiliation with CUNA/League is required for attendance.

Valerie Moss
Valerie is director of compliance information for CUNA Regulatory Affairs in the Washington, DC office. Valerie works closely with CUNA’s Publications and Web Services Departments to deliver useful and accurate compliance information in a user-friendly format to CUNA’s members. She is the editor of both Credit Union Magazine’s Compliance Matters and CUNA’s e-Guide to Federal Laws and Regulations.



Mary-Lou Heighes, CUCE
Mary-Lou has been involved in the credit union movement since 1989. She has been involved in all areas of credit union operations: general operations, marketing, collections, lending and compliance. She is a CUNA Certified Credit Union Compliance Expert (CUCE) and is president of Compliance Plus, Inc., which provides strategic planning, training, compliance and consulting services to credit unions. Mary-Lou was the senior research and information consultant for the California/Nevada Credit Union League for seven years and since founding her company in 2000, has provided training for credit unions and leagues around the country. Prior to her tenure at the league, she spent five years in the credit union trenches.

The last day for cancellations was September 19, 2010. 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.