> Compliance Update & Roundtable: 10 Fraud Areas Affecting Credit Unions

Thursday, February 20, 2014
10:00 AM Eastern Daylight Time
3:00 PM


Join us for a two-for-one session! This full-day session will provide a thorough examination of the effect of fraud and the risk that credit union leaders manage on a short and long-term basis. The presentation will take an in-depth look at 10 tendering fraud areas affecting the credit union market place today. The areas discussed will include the following:

Vendor Due Diligence, Technology, Employee Dishonesty, Employment Practices Liability, Security, Funds Transfer, Plastic, Lending, Social Media, Reputation

BONUS: A Roundtable discussion will immediately follow the Fraud presentation.

We’ll discuss potential loss scenarios, risk mitigation techniques and industry trends for each of these areas. This should be a topical, interactive session addressing relevant, timely exposure areas for credit unions of all sizes. This session is for all credit union leaders; CEOs, compliance professionals, human resources, IT/IS, risk management/security, operations…

Facilitator: Nicola Foggie, CUCE, Director of Compliance, New Jersey Credit Union League

Speaker: Carlos Molina, Risk Management Consultant, Credit Union Protection Risk Management, CUNA Mutual Group

Carlos Molina is a risk management Consultant in Credit Union Protection’s Risk Management Division for CUMIS Insurance Society, Inc., the property and casualty company of CUNA Mutual Group. In this role he assists credit unions in identifying areas of risk in their operations and recommends appropriate controls to reduce loss exposures. He also is responsible for updating the Employment Practices Liability analysis, identifying exposures in credit union employment policies and procedures, as well as the Security Analysis, identifying exposures in physical security and employee safety.

Molina began his career with CUNA Mutual Group in 2004 as a risk management specialist. He was promoted to a risk manager III in 2008. Prior to joining CUNA Mutual Group, Molina was a criminal investigator with the Public Defender’s Office in Essex County, N.J. Molina graduated from Pace University in 2000 with a bachelor’s degree in criminal justice. He received a Certified Fraud Examiner (CFE) designation in January 2009.

Locations: NJ Credit Union League "live" and via Video Conferencing at Atlantic FCU and Members 1st of NJ FCU.

NJCUL                                Atlantic FCU                    Members 1st of NJ FCU
299 Ward Street                 37 Market Street               37 West Landis Avenue
Hightstown, NJ 08520       Kenilworth, NJ 07033     Vineland, NJ 08360

Time: 10:00 a.m. – 2:00 p.m.


Over $150 Million                         $209.00
$50 Million to $150 Million       $149.00
Under $50 Million                      $  69.00

Note: A 50% discount is available for all CUs under $10 million in assets. Contact Mary Zelinsky at mzelinsky@njcul.org or 800-792-8861 ext. 100 for details.

To register and pay by check, send an email to Mary Zelinsky at mzelinsky@njcul.org and your credit union will be invoiced. To register and pay online, click here.