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Dear Credit Union Colleagues,,
We are pleased to
announce that NCOFCU has added two new educational courses to
the First
Responder Credit Union Academy (FRCUA).
Both courses
include a study manual, a 10-question knowledge assessment, and a
certificate of completion.
1.
Understanding FinCEN Special Measures
Explains how
FinCEN protects the financial system from money laundering, how
special measures may affect credit unions, and when potential
compliance concerns should be escalated.
Who should take
it: BSA officers, compliance personnel, operations staff,
management, and supervisory committee members.
2.
Understanding and Documenting Vendor Residual Risk
Explains how to
identify vendor risks, evaluate safeguards, document remaining
exposure, and determine whether those risks are acceptable.
Who should take
it: CEOs, vendor relationship managers, compliance and IT
personnel, directors, and supervisory committee members.
Why is this
important?
Regulatory
compliance and vendor oversight require knowledgeable staff and
informed volunteer leaders. These courses provide practical education
to help protect your credit union and the members you serve.
We encourage CEOs
and board chairs to share these educational opportunities with their
staff, directors, and supervisory committee members.
These courses are
just two of the many educational resources available through NCOFCU membership.
Our Institutional
Membership provides access to the First Responder Credit Union
Academy for your credit union's directors, supervisory committee
members, management, and staff.
If your credit
union is already a member, we encourage you to take advantage of
these new courses.
If you're not yet
a member, we invite you to join NCOFCU and discover how our
educational programs can help strengthen your credit union.
Visit www.ncofcu.org/frcua to learn more.
Educating our leaders.
Protecting our credit unions. Strengthening our future.
Grant Sheehan
CEO, NCOFCU
National Council of First Responder Credit Unions
ceo@ncofcu.org
305-783-3544
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