Education

Virtual BSA Workshop

BSA Workshop

The Bank Secrecy Act (BSA) Virtual Workshop is designed to provide those in credit unions that handle the day-to-day aspects of BSA with up-to-date information important to their jobs while fulfilling the training requirement under the regulation.

LSCU

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LSCU has partnered with two credit unions leagues in the U.S. to provide a Virtual BSA Workshop on May 4 and 5.

Speakers

Speakers
Bill Berg
Bill Berg

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Tony Moore
Laura Gober

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Sarah Thomas
Sharon Murphy

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David Pace
David Pace

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David Reed
David Reed

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Tony Roberts
Tony Roberts

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Andrew Sanders
Andrew Sanders

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Kela Wingard
Kela Wingard

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Day One: What All Employees Need to Know

This half day session will cover the basics of BSA and is designed to meet the mandatory BSA training requirement under the regulation. Including BSA requirements for specific job functions such as tellers, member service and lenders.

May 4
*Times are based on EST

Time Event
9:00 a.m. - 9:15 a.m. Welcome
9:15 a.m. - 10:15 a.m. What Makes Up a BSA Program: The 5 Pillars
Kela Wingard
10:15 a.m. - 10:20 a.m. Break
10:20 a.m. - 11:20 a.m. CTRs and SARs
David Pace
11:20 a.m. - 11:25 a.m. Break
11:20 a.m. - 12:25 p.m. Your Job and BSA: AML, OFAC, and other Suspicious Activity
Laura Gober
Day Two: What BSA Officers Need to Know

In this full day session BSA Officers, those responsible for BSA, including those that work in an area that is responsible for BSA will learn how to create an effective BSA Program, why information sharing is important, if and when you should file a SAR. You will hear from BSA experts on what expectations are and what resources are available to help keep you and your BSA Program up to date.

May 5
*Times are based on EST

Time Event
9:00 a.m. - 9:15 a.m. Welcome
9:15 a.m. - 10:00 a.m. How to Build an Effective BSA Program
Blil Berg
10:00 a.m. - 10:55 a.m. To SAR or Not to SAR: That is the Question
David Reed

That is the question indeed. We have all been there, you look at a suspicious set of facts over and over again and you cannot decide if it rises to the level of a SAR. Your credit union needs to have an effective process of identification, evaluation and reporting of suspicious activities and we are under more scrutiny than ever. But once you get past the enumerated events which require a filing, you enter a vast wasteland of possibilities. This session will review the primary components of the SAR decision, while also uncovering the hidden landmines with real world experience, regulatory examinations and FINCEN guidance.
10:55 a.m. - 11:00 a.m. Break
11:00 a.m. - 11:45 a.m. Recent FinCEN Guidance
David Reed

No Bank Secrecy Act professional can be successful unless they fully understand, appreciate and keep up to date with the guidance provided by the Financial Crimes Enforcement Network (FinCEN). From Advisories to Notices and Bulletins to Manuals, the FinCEN website is filled with the insight needed to do your job effectively. This session will highlight recent FinCEN guidance, best practices and uncover the resources necessary to keep your credit union‘s BSA/AML program fully compliant.
11:45 a.m. - 12:30 p.m. Lunch Break
12:30 p.m. - 1:00 p.m. 314B Information Sharing and Why it is Important to Your Credit Union
Sharon Murphy
1:00 p.m. - 1:45 p.m. How to Build a BSA Risk Assessment
Tony Roberts
1:45 p.m. - 1:50 p.m. Break
1:50 p.m. - 2:30 p.m. OFAC Update
Andrew Sanders
Registration

Day One: $79/person
Day Two: $149/person
Both Days: $199/person

REGISTER NOW

Cancellation Policy

All cancellations must be submitted in writing and received by 5:00pm on Tuesday, April 27. No refunds will be issued after this time. Substitutions are always welcome. Please submit cancellations and substitutions to education@lscu.coop.

Small Asset Sized (SAS) CU Initiative Account

SAS credit unions ($50 million in assets or less) may apply a portion of their $500 SAS CU Initiative Account to the registration fee for this event or any LSCU or League Service Corporation product and/or service. As LSCU bills your credit union for the events/services used, your credit union can simply write on the invoice that it is to be paid out of your LSCU Small Credit Union Initiative Account. The League’s accounting staff will keep track of the expenditures from your account.

CPE Sponsor Information

CPE Sponsors

The League of Southeastern Credit Unions (LSCU) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website.

In accordance with the standards of the National Registry of CPE Sponsors, CPE credits will be granted based on a 50-minute hour.

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