> Quick Bite: Servicemembers Civil Relief Act (SCRA)

Thursday, November 15, 2012
11:00 AM (GMT-05:00) Eastern Time (US & Canada)
12:00 PM

 

Even though this law hasn’t substantively changed since 2003 (although there have been a few minor amendments), SCRA and the entire subject of how you treat your military members and their families is an extremely hot topic these days. All you need to do is go to the new Consumer Financial Protection Bureau’s (CFPB’s) website and read many articles and blog postings about the new regulator’s efforts in protecting servicemembers. Plus the mainstream press has had stories of banks foreclosing on military members overseas, a definite no-no. What should you know about the SCRA, and what is coming? Listen to this session to find out. Among the topics we’ll discuss:

  • General requirements of SCRA: interest rate reduction, prohibited activities, and so forth
  • Who is entitled to the protections and how can you tell?
  • Recommended compliance approaches and tasks when the spotlight is on SCRA
  • Coming CFPB actions (using our crystal ball)

Speaker: Carl Pry JD, is a Certified Regulatory Compliance Manager and Certified Risk Professional who works in Lending Compliance for KeyBank in Cleveland, OH. Prior positions have included Manager in the Finance & Performance Management service line for Accenture and Vice President at Kirchman Regulatory Services. Through his working career, as well as through his experience as a banking attorney and officer, he has provided a variety of regulatory compliance and financial performance services to financial institutions and other clients throughout the country. He has written extensively regarding consumer and commercial compliance, tax, audit and financial institution legal issues.

Location: Via Telephone

Time: 11:00 am - 12:00 pm EST

Educational Investment: $109.00 per telephone connection. Unlimited Listeners and Free Audio Archive

****You must be registered for this session to hear the audio-recorded version and receive handouts.****

AUDIO ARCHIVE! Can't tune in today? This session will be available on-line for 30 days after activation.

To register and pay by check, email mzelinsky@njcul.org and your credit union will be invoiced. To register and pay online, click here.