This session will focus on two key areas: Vendor Management and Deposit Account Agreements.
NCUA is asking credit unions to implement a written policy as part of this year’s examination focus. The Vendor Management portion of the session will include how to implement a vendor management policy, how to select and monitor vendors and also how to negotiate contracts with vendors.
The often overlooked but important deposit account agreements such as signature cards are the focus of this "nuts and bolts" program. These documents are often out-of-date, incomplete, filled-out incorrectly or simply do not exist. The information presented is designed to help you review your agreements and answer the following questions: What information must you have, what information should you have and what are the problems that arise from incomplete or no agreements. Also included will be a discussion of the trend to incorporate deposit agreements into multi-purpose forms along with membership application agreements, TIN certifications and marketing materials. Don't miss it!
Speaker: Peter Liska, LLC, Attorney at Law
Peter J. Liska specializes in representing depository institutions and business clients. He represents over two dozen credit unions from the smallest to the largest in the State of New Jersey. In addition to representing financial institutions, he also represents service organizations providing automobile leasing, securities and insurance products and other consumer financial services. He represents CUMAnet, the largest mortgage credit union service organization in the United States. A frequent lecturer and public speaker he participates in his clients' strategic planning sessions, board and senior management programs and provides workshops for employees. An extensive writer, he has prepared over 200 legislative updates on the financial services industry for his clients, as well as numerous policy manuals and guides.
Note: This Session qualifies as an “in-person” session for the Compliance
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. – 3:00 p.m.
$150 million & above $209.00
$33.8-150 million $149.00
Under $33.8 Million $ 69.00
To register and pay by check, send an email to Mary Zelinsky at firstname.lastname@example.org and your credit union will be invoiced. To register and pay online, click here.