WIXLIB

THE PREMIER CONFERENCE FORCREDIT UNION OVERSIGHT,AUDITING & COMPLIANCENACUSAC 2015 CONFERENCE & EXPOSAN ANTONIOwww.nacusac.orgJUNE 17-20, 2015 HYATT REGENCY SAN ANTONIO, TEXAS1

SAN ANTONIOJoin NACUSAC this June as we meet along San Antonio’s verdant oasis of waterwaysknown as the River Walk. Whether you are involved in oversight, auditing, compliance oroperations, you have an important role in ensuring the safety and soundness of your creditunion. At NACUSAC’s 2015 Annual Supervisory Conference, you’ll get all the informationand specialized training you need while experiencing the vibrant culture and tradition ofone of Texas’ most exciting destinations.CONFERENCE BENEFITS ALSO INCLUDE:Up to 22 CPE credits available for auditing/accounting professionalsFinancial course for Volunteers to satisfy NCUA Financial Literacy RequirementBank Secrecy Act (BSA) training for annual complianceOptional One Day Training Seminar for New Supervisory Committees2Supervisory/AuditCommitteesInternal AuditorsCompliance OfficersNACUSAC CONFERENCE REVIEWS:“Excellent conference! As a first timer Iam leaving this conference with answersto many questions, as well as ideas forconsideration and implementation.”THIS IS AMUST-ATTENDCONFERENCE FOR:“A very good conference,very informative, verygood instructors.”CEOs/Board MembersAnyone involved incredit union oversight

WEDNESDAY, JUNE 17, 20158:00 am – 6:00 pmConference Registration8:30 am – 3:30 pmSupervisory Committee Training Seminar & Lunch (Optional)Tim Harrington, CPA, President, TEAM ResourcesGet in-depth training in key areas of the supervisory/audit committees’duties, including tips for hiring an external auditor. You’ll also gain agreater understanding of your credit union’s financial statements and keyratios to satisfy NCUA’s Financial Literacy requirement.NACUSAC University: Level 1 (Required prior to taking Level 2 courses)CPE Field of Study: Specialized Knowledge & Applications12:00 – 3:00 pmFocused Networking Forum for Committees & Luncheon (Optional)Sit down with a group of your peers in a highly-interactive, moderatedsession to discuss issues that are unique to your role as a supervisory/audit committee member. A networking luncheon is included.CPE Field of Study: Specialized Knowledge & Applications5:00 – 6:00 pm“Welcome to San Antonio” Networking ReceptionResource Center Grand Opening & Prize RaffleLearning objectives online at www.nacusac.org3

THURSDAY, JUNE 18, 20157:00 – 7:45 amContinental Breakfast [Resource Center Open]8:00 – 9:00 amOpening General Session & Keynote Address:Malware, Mules & MoneySteve Stasiukonis, President, Secure Network TechnologiesFinancial crimes using the Internet have skyrocketed. Cyber-criminals now usesophisticated applications in their attacks, making it easier for them to breachsecurity. Hear actual cases where these applications, along with social engineeringand hacking techniques, have been used to perpetrate attacks. Learn actionable andpractical strategies for protecting your credit union’s data from being compromised.CPE Field of Study: Specialized Knowledge & Applications9:00 – 9:20 amRefreshment Break [Resource Center Open]CONFERENCE AGENDA49:30 – 10:20 amGeneral SessionWhat to Do When Things Go Wrong – A Step-by-Step ApproachTim Harrington, CPA, President, TEAM ResourcesWhen something goes wrong at your credit union, it’s important to know whenthe Supervisory Committee should step in and how far it should go. Sometimes itis simply including a comment in the monthly report, other times it might includeseeking outside guidance or help, and at the very worst of times it could includesuspending directors. We will talk about step by step processes the Committeemembers should be aware of in order to best serve the members.CPE Field of Study: Behavioral Ethics

10:30 am – 12:10 pmConcurrent SessionsIncreased Complexity of IT Systems andits Impact on Internal ControlsJoe Zito, CPA, MBA, Shareholder, Doeren MayhewWith more sophisticated product delivery systems andback office integration, credit unions have become morecomplex. Gaining a thorough understanding of system accessand information flow is essential in assessing the internalcontrols with these IT systems. Cyber security threats andthe importance of privacy of credit union and memberinformation make assessment critical.CPE Field of Study: Computer ScienceNACUSAC U: Internal Controls or IT Security (Required)Bank Secrecy Act (BSA) Compliance Training for VolunteersRobert Fouratt, CPA, Managing Partner, The Curchin GroupTake this session to ensure you are up-to-date on the latestBSA regulations and compliance requirements. This sessionwill include a review of recent developments and trends inBSA enforcement, as well as the important changes in NCUA’sBSA examination guide. All participants will receive a coursecertificate for completing BSA training.CPE Field of Study: Regulatory EthicsNACUSAC U: Regulatory Compliance (Required)Fair Lending: It Is Not Just a Catchy Phrase. There Are Consequences.(Morning Session Only)Terry L. Nabors, Principal, Turner, Warren, Hwang & ConradRegulators continue to increase their scrutiny of credit unions’ fair lendingpractices. Be sure you are prepared for future examinations by learningwhat fair lending is, and what should be included in your lending reviews andcompliance program related to this area.CPE Field of Study: Regulatory EthicsNACUSAC U Credit for: Regulatory Compliance (Required)12:15 – 1:15 pmNetworking Luncheon [Resource Center Open]1:20 – 3:00 pmConcurrent Sessions Repeat, PlusManaging a Third Party Risk Management Programin a Highly Regulated Environment (Afternoon Session Only)Mark Demos, Senior Manager, Crowe Horwath LLPCredit unions use third party vendors for everything from landscaping tomember communication and this interdependence can create blurred lines.In a highly regulated industry, third party risk management is paramountto successfully supervising and governing these relationships and can bechallenging to administer.CPE Field of Study: Management Advisory ServicesNACUSAC U Credit for: Risk Models (Elective)Learning objectives online at www.nacusac.org5

FRIDAY, JUNE 19, 20157:00 – 7:45 amContinental Breakfast [Resource Center Open]10:30 am – 12:10 pmConcurrent Sessions8:00 – 9:00 amGeneral SessionNCUA Update: Preparing Your Credit Union forEvolving Regulations and Future ExamsJoseph D’Ambra, Jr., Supervisory Examiner, Region IV, NCUAIn 2015, NCUA will continue to focus on cybersecurity and interest raterisk. Find out what you need to watch out for in future examinationsand how to make sure your credit union is adequately prepared toaddress any areas that require action.CPE Field of Study: Regulatory EthicsUsing Collaboration to Minimize Internal Fraud LossesJoni Lovingood, CRM, CFE, Corporate P&C Sales SpecialistCUNA Mutual GroupCredit union internal fraud losses continue to be a severity issue,not a frequency issue. Although there are few twists on themethods used to commit the fraud, credit unions continue to fallvictim due to lax or nonexistent internal controls. Collaborationbetween employees, internal audit and supervisory committeemembers can help minimize your exposure to these losses.CPE Field of Study: Specialized Knowledge & ApplicationsNACUSAC U Credit for: Internal Fraud (Required)9:00 – 9:20 amRefreshment Break [Resource Center Open]9:30 – 10:20 amGeneral SessionThe Changing Face of Banking and the Credit Union IndustryDr. Stephen Happel, Emeritus Professor of EconomicsArizona State University W.P. Carey School of BusinessIn what areas can we expect economic growth and how will this impactour credit unions? Find out how major pieces of legislation sincethe 1980s have shaped today’s economy and what demographic andmarket trends are likely to change in the coming decade.CPE Field of Study: Economics6Making Sense of Financial Statements and Key Financial MetricsMichael Richards, CPA, Proprietor & Managing AssociateRichards & AssociatesThis session will provide a clear understanding of your creditunion’s financial condition and what those numbers mean. Learnsome simple ways to analyze financial information and compareyour credit union with state and federal benchmarks. Attend thissession to receive a certificate for financial literacy training.CPE Field of Study: AccountingNACUSAC U Credit for: Financial Statements (Required)Learning objectives online at www.nacusac.org

A View of Indirect Lending – Through Auditors Eyes(Morning Session Only)Daniel C. Moulton, CPA, Partner, Orth, Chakler, Murnane & Co. CPAsNo matter how you look at it, an indirect lending program meansadditional risk and opportunity for abuse. The involvement of third partyoriginators, special contracts, and fee-based underwriting means addeddue diligence and continuous monitoring of the process. Join this sessionas the intricacies of indirect lending are covered from beginning to end.CPE Field of Study: Management Advisory ServicesNACUSAC U Credit for: Risk Models/ALM (Electives)CONFERENCE AGENDA12:15 – 1:15 pmNetworking Luncheon & NACUSAC University Graduation CeremonyResource Center Conclusion1:20 – 3:00 pmConcurrent Sessions Repeat, PlusIncreased Regulations and How to Cope (Afternoon Session Only)Dan Mahalak, CPA, Cindrich, Mahalak & Co., P.C.Today’s credit unions operate in a highly complex regulatoryenvironment. Learn how to leverage your credit union’s resources andstreamline your compliance programs for maximum effectiveness.CPE Field of Study: Regulatory EthicsNACUSAC U Credit for: Regulatory Compliance (Required)7

3:15 – 3:45 pmNACUSAC Annual Business Meeting & Prize Raffle6:30 - 10:00 pmEvening at Pedrotti’s North Wind Ranch & BarbequeNo trip to San Antonio would be complete without visiting aTexas ranch for a barbeque. Pedrotti’s North Wind Ranch, locatedjust within the San Antonio city limits, has been family-ownedand operated for over 20 years. After sampling some fine Texasbarbeque, guests will enjoy a western band and line dancing.SATURDAY, JUNE 20, 20157:30 – 8:15 amContinental Breakfast8:20 – 10:00 amConcurrent SessionsChanges to the ALLL: Current Expected Credit Losses (CECL)Greg Schwartz, CPA, Principal, Fin. Inst., CliftonLarsonAllen LLPThe FASB (Financial Standards Accounting Board) is moving towarddeveloping a new loss model known as Current Expected Credit8Losses (CECL). This new model will take into account “expectedlosses” rather than the current “incurred losses.” Discover howthis new method changes the ALLL and its potential impact onthe average credit union.CPE Field of Study: Management Advisory ServicesNACUSAC U Credit for: ALLL (Elective)A New Framework for Risk-Based Capital and Strategic ImplicationsTravis Smith, Partner, Moss Adams LLPAt the beginning of 2015, NCUA issued a second proposed ruleregarding Risk-Based Capital. Learn about key changes of therevision and how it could impact your credit union from a strategic and regulatory standpoint.CPE: AuditingNACUSAC U: Audit Plans10:15 – 11:05 amClosing General SessionThe Art of MasteryNancy Noonan, Motivational Business SpeakerEngage in the process of discovering the powerful connectionsbetween the success strategies of the Master Artists andsuccessful people in the workplace. Overcome past obstacles,embrace change and unleash untapped reserves of talent andcreativity to improve morale, productivity and results.CPE Field of Study: Personal Development