August 3, 2014
- August 6, 2014
EST / 8:00am
City: Point Clear, AL Location: Grand Hotel Marriott Resort, Golf Club & Spa
>Contact: Becki Payne, Associational Services Support Specialist >Phone: 866.231.0545 Ext. 2129 >Email: firstname.lastname@example.org
Southeast Supervisory Committee Conference Come Join us for this year’s Southeast Supervisory Committee Conference, formerly the LSCU & Affiliates Supervisory Committee Conference, located at the beautiful Grand Hotel Marriott Resort, Golf Club & Spa, Sunday, August 3rd – Wednesday, August 6th!
Whether you are a new Supervisory Committee or Board Member; or you are a ‘seasoned’ volunteer; attendance at this group-live event will most definitely enrich your contributions to your credit union. We’ll have a full agenda of the latest information and updates regarding credit union auditing, compliance, and fraud. With a wide variety of speakers and topics, you’ll better your knowledge to help keep your credit union secure and strong. Some knowledge of the credit union industry is assumed and no pre-requisites are required.
Who Should Attend Supervisory Committee Members, Board Members, Credit Union Managers, Internal Auditors, and Compliance Officers
Grand Hotel Marriott Resort, Golf Club & Spa
One Grand Boulevard
Point Clear, Alabama 36564-0639 www.marriottgrand.com
Room Rate: $169
Room Rate Cut Off: Thursday, July 10, 2014 Reservation Code: LSCLSCA
Recommended Arrival Date: Sunday, August 3, 2014 Recommended Departure Date: Wednesday, August 6, 2014
Business casual dress is appropriate. Remember to bring a jacket or sweater as room temperatures vary.
Schedule Sunday, August 3, 2014
12:15pm – 3pm Pre-Conference Workshop Registration Pre-Conference Participants Only
12:45pm – 2:45pm Pre-Conference Workshops - (Select One) Additional fee $75 per person
Directors Institute A: V301 Auditing 1 – instructed by LSCU & Affiliates Cooperative Initiative Team This course presents specific steps that might be considered during the initial audit visit. You will learn how to evaluate internal controls and examine work papers for cash, travelers checks, and money orders; the trial balance of member share and loan accounts and the trial balance of the General Ledger. A comprehensive list of credit union auditing and accounting terms is included in this course.
Directors Institute B: V427 Basics of Internal Control – instructed by LSCU & Affiliates Cooperative Initiative Team This course will define the supervisory committee's roles and responsibilities for an effective internal control environment. You will get a list of seven internal control objectives and learn to understand scenarios of how the internal control objectives may be applied. This course will also give you current examples of situations with ineffective controls.
3pm - 5pm Pre-Conference Workshops (Select One) Additional fee $75 per person
Directors Institute A: V301 Auditing 1 – instructed by LSCU & Affiliates Cooperative Initiative Team A repeat of the previous pre-conference workshop session.
Directors Institute B: V427 Basics of Internal Control – instructed by LSCU & Affiliates Cooperative Initiative Team A repeat of the previous pre-conference workshop session.
3:30pm - 6pm Conference Registration Pick up your conference materials, sign-in for CPE credits and ask questions here.
5pm – 6pm Welcome Reception Join us for beverages & appetizers while you say hello to fellow conference participants and the Southeast Supervisory Committee Conference team. Attendees and registered guests welcome.
Monday, August 4, 2014 7:30am – 3:45pm Conference Registration
7:30am – 8:15am Breakfast for Attendees & Registered Guests
8:30am - 10am Opening General Session
Welcome & The Ten Disciplines of Exceptionally Strategic Credit Unions - Patrick La Pine, CEO, LSCU & Affiliates & Jeff Rendel, President, Rising Above Enterprises Who is guiding your credit union? The Supervisory Committee? The CEO? The Board? What is the role of the CEO and Board in the Audit Process? What is the role of the CEO and the Board overall? Do all the major Governance players, Board, Supervisory Committee and CEO, know where there responsibilities start and end? Should we be evaluating ourselves as a Committee and should we be evaluating how effectively the Board is carrying out its governance function? These are important questions we all must clarify for the credit union to be efficient, effective and the best at serving its members. While the Board’s role is to set the course of the credit union, it is the CEO’s role to steer the ship. At the same time, it is the Supervisory Committee’s role to ensure risk is understood, monitored and managed. This session discusses why the distinction between these three roles can lead to a successful voyage, or to the dashing of your ship against jagged rocks. And you’ll find out just how important the Supervisory Committee is in this whole process.
10am - 10:15am Break
10:15am – 11:45am Breakout Sessions
A. Understand the Three Main Financial Statements & Delineate the Most Important Factors in Your Audit of Financial Statements and Daily Operations – Jeff Rendel, President, Rising Above Enterprises How does your credit union earn revenue, support operations, and manage liquidity? What portions of the balance sheet add to your revenue stream and finance your operations? And what ratios tell you the status of your credit union’s current and potential financial well-being? For supervisory committee members, this sessions explains the end results of the accounts you oversee, allowing you to gauge the big picture of your credit union and its responsibility to its members.
B. Working Together to Mitigate Risk – Mark McDuffie, CRM, CFE, Risk Management Consultant, CUNA Mutual Group Who owns risk at your credit union? Does your credit union consider risk when making business decisions? In this session we will discuss risks of today and tomorrow as well as learn about a risk management framework that can be used to better manage risk.
11:45am - 12:45pm Group Luncheon for Attendees & Registered Guests
1pm - 3:30pm Guest Session: Island Paint Party
(Paint Party will be held in the card room located in the main building. Beverages and light snacks are included. Art options are listed below and may be selected upon arrival)
1pm – 2:15pm Breakout Sessions
A. I’m On The Supervisory Committee… Now What? – LSCU & Affiliates Cooperative Initiatives Team This session is designed to acquaint the Supervisory Committee volunteers with the basic functions and responsibilities of the job. It will provide an excellent overview of who should be on the committee, what the job entails and when action is called for. This will be a perfect session for new volunteers, as well as seasoned committee members that want to renew their knowledge about the nature and functions of the Supervisory Committee.
B. Top Fraud Trends: Is Your Credit Union Prepared to Prevent Today’s Top Fraud – Mark McDuffie, CRM, CFE, Risk Management Consultant, CUNA Mutual Group An open discussion on the top fraud trends that credit union’s across the country are experiencing. What is happening at your credit union? Is your credit union culture able to bounce and adapt to the constantly changing risk environment?
2:20pm – 3:45pm General Session
Economic Update: The Changing Face of Banking and the CU Industry – Dr. Stephen Happel, Emeritus Professor of Economics, Arizona State University W.P. Carey School of Business Dr. Happel will begin with a brief review of the U.S. economy at the moment using the Blue Chip Forecasts for 2013 and 2014. Next, going back to 1980 a discussion of the banking and CU industries is given that highlights major pieces of legislation along with trends in the number of institutions and their asset holdings, with particular focus on credit unions. Major demographic and market trends shaping financial institutions are then analyzed and conclusions are drawn about how the banking and CU industries are likely to change over the next decade. There will be time for extensive questions at the end of the presentation.
Tuesday, August 5, 2014 7:30am – 8:15am Breakfast for Attendees & Registered Guests
8:30am - 10am General Session
NCUA Update – Myra Toeppe,Regional Director, Region III, NCUA Learn about the current administration priorities and hot button issues.
10am - 10:15am Break
10:15am – 11:45am Breakout Sessions
A. Bank Secrecy Act Compliance Training for Officials – LSCU & Affiliates Cooperative Initiatives Team BSA training is required for all credit union employees and officials! This session will meet that need. Learn the essentials of BSA programs and goals, the official’s role in BSA Compliance, applicable NCUA Rules and Regulations, an overview of daily compliance operations, and enforcement actions.
B. Enterprise Risk Management – A Practical Guide to Organizational Performance – Brian Hague, CFA, Senior Consultant, The Rochdale Group, Inc. Too many credit unions focus on the risk and compliance components of enterprise risk management (ERM), and not on the opportunities the process can present. ERM provides the means for capitalizing on strategic opportunities by using in-depth knowledge of the credit union’s risk profile to improve overall decision-making capabilities. Tearing down the silos that typically exist in a compartmentalized approach to risk management allows a holistic view of the credit union’s risks and opportunities, and allows for better alignment with its strategic objectives to achieve optimal performance.
11:45am - 12:45pm Group Luncheon for Attendees & Registered Guests
1pm – 2:30pm Best Practices Roundtable Discussions Join peers of a similar asset size to share best practices, challenges, success stories and lessons learned in a casual open dialogue.
A. SAS Roundtable (50M and Under) – facilitated by David LeNoir, Member Relations Consultant, Cooperative Initiatives, LSCU & Affiliates
B. Mid-size Roundtable (50M to 100M) – facilitated by Adena Whitman, Senior Member Relations Consultant, Cooperative Initiatives, LSCU & Affiliates
C. Large-size Roundtable (100M and Over) – facilitated by Laura Vann, VP, Cooperative Initiatives, Cooperative Initiatives, LSCU & Affiliates
Wednesday, August 6, 2014 7:30am – 8:20am Breakfast for Attendees & Registered Guests
8:30am – 10am Closing General Session
Visionary Volunteers – Becky McCrary, Certified Speaking Professional When your credit union reaches out to involve volunteers in boards, committees and councils, as your employees step out into the communities and assume leadership roles, as you work to enhance a cross-training environment where staff members step up and say “Sure, I’ll do that,” the unknown factor is usually their vision.
Sally Koch said, “Great opportunities to help others seldom come, but small ones surround us every day.” When volunteers serve an organization, the attitudes they bring to their servant roles directly affect the success of the group and the mission of the organization.
Learn the value of Learning and Listening, balance the Requirement of Commitment and Action, embrace the Diversity of Talents and Opinions, and adopt an Attitude of Servanthood. Your volunteer group and your credit union may never be the same!
Speakers Adena Whitman, CUDE Senior Member Relations Consultant, LSCU & Affiliates Adena has been with LSCU for nine years. During her time there, she has worked in the governmental affairs arena, as well as with the cooperative initiatives department.
Becky McCrary, CSP Certified Speaking Professional Becky McCrary is a highly sought-after keynote speaker, trainer, and author who energizes and inspires association and corporate audiences. She combines her exquisite wit with her years of service in the business world, using personal experiences, side-splitting humor, and unimaginable insight to guide audiences to a profound belief in their own abilities, passions, and power.
Becky has earned the prestigious Certified Speaking Professional (CSP) credential. Becky is one of only 232 women in the worldwho hold this credential.
Becky inspires individuals to deliver fabulous service, build lasting relationships, and have more fun. One of her core messages is, “People are going to talk about you. The good news is you get to write the script.”
Brian Hague, CFA Senior Consultant, The Rochdale Group, Inc. Brian has more than 25 years’ experience in financial institutions and the capital markets, and has devoted 21 years to serving credit unions through various roles at CNBS, LLC, a FINRA-member broker/dealer and SEC-registered investment advisor serving credit unions, most recently serving as its President and CEO for 15 years. He has been a frequent speaker and writer in the credit union market, having delivered more than 100 presentations and training sessions to credit unions, the Federal Home Loan Banks and regulators nationwide. He has taught at various schools for CNBS, CUNA and NASCUS, and has authored numerous industry white papers and trade publication articles, as well as two books for CUNA.
Prior to CNBS, Brian worked in the Capital Markets Division of a $16 billion thrift institution, where he was responsible for trading interest rate futures to hedge the mortgage derivatives portfolio and valuing the portfolio across numerous interest rate and market risk scenarios.
Brian began his career with the Federal Home Loan Bank of Indianapolis, where he established himself as the region’s resident expert in risk-controlled arbitrage strategies. He also works as an adjunct instructor in the MBA program at the University of St. Mary.
David LeNoir Member Relations Consultant, LSCU & Affiliates David joined the League in 2008, where he provides strategic and operational assistance to credit unions in Alabama and Florida. David began working in the financial services industry in 1978. He served as manager of Little Flower Federal Credit Union, in Mobile, for 14 years. He also served on the board of directors. David has a broad range of experience in retail and mortgage banking, training and development, marketing, and sales.
Jeff Rendel, CSP President, Rising Above Enterprises With experience as a federal regulator, financial executive and Congressional lobbyist, Jeff knows business and, especially, the financial services marketplace.
As President of Rising Above Enterprises, Jeff works with financial services providers that want elite results in leadership, sales, and strategy. His company researches, synthesizes, and articulates indispensable achievement elements to help corporations profit – financially and inside their corporate culture – in their pursuit to fulfill their missions and strategic endeavors.
A highly sought after and accomplished speaker; he is a professional member of the National Speakers Association (NSA). In 2007, the NSA presented him the
Certified Speaking Professional (CSP) designation. Fewer than five percent of the world’s speakers hold this achievement.
Laura Vann, CUDE Vice President, Cooperative Initiatives, LSCU & Affiliates Laura has more than 30 years of experience working with not-for-profit organizations in communications, fund-raising, and business develop­ment positions. Laura works with Alabama and Florida credit unions in the areas of member relations, the small asset size credit union pro­gram, chapter development, financial education, and the international partnership with Costa Rica.
Mark McDuffie Risk Management Consultant, CUNA Mutual Group Mark McDuffie is a Risk Management Consultant in the Commercial Products Division of CUNA Mutual Group. He is responsible for assisting credit unions in identifying areas of risk in their operations and recommending appropriate controls to reduce loss exposures. Mark is also responsible for ensuring the completion of the Fidelity Analysis Program, designed to detect ongoing embezzlements in credit unions. Based in Longwood Florida, Mark serves credit unions in Florida.
Mark began his career with CUNA Mutual in May of 2000. Prior to joining CUNA Mutual, Mark was President/CEO of Members Choice Credit Union in Deland, Florida and an internal auditor with Fairwinds Credit Union in Orlando, Florida.
Mark was awarded a Bachelor of Science (BS) in business administration from the University of Central Florida. He holds the Certified Risk Manager (CRM) and Certified Fraud Examiner (CFE) designations.
Myra Toeppe Regional Director, Region III, NCUA Myra joined the NCUA in April 2011 as an associate regional director of operations after an almost 25-year banking regulatory career at the Office of Thrift Supervision (OTS) and its predecessor agency. Myra has also served as NCUA’s acting director of supervision. Myra began her financial institution regulatory career in 1986 as an examiner with the FHLB-Atlanta and later became an examiner/commercial loan special­ist for OTS.
Patrick La Pine, CCE, CUDE President/CEO, LSCU & Affiliates Patrick has been the president/CEO of the LSCU & Affiliates since August 2009. The League represents the interests of the states 278 credit unions and their approximately 6.5 million members. Before joining LSCU and Affiliates, Patrick was with the Michigan Credit Union League for 11 years rising to the level of executive vice president of association services.
Dr. Stephen Happel Emeritus Professor of Economics, Arizona State University
Dr. Stephen Happel is an Emeritus Professor of Economics at the Arizona State University W.P. Carey School of Business, where he has taught since 1975. His research focuses on applied microeconomics and demographic issues. He has written two textbooks and over 100 articles in both professional journals and popular outlets, including the Wall Street Journal, the Cato Journal, the Christian Science Monitor, and the Arizona Republic. Dr. Happel has received many teaching awards at ASU, including the ASU Distinguished Teaching Award, the Burlington Northern Award, and Arizona Professor of the Year selected by the Council for the Advancement and Support of Education. He has recently taught both large undergraduate classes in macroeconomics and MBA classes in managerial economics. Dr. Happel is also a long-time instructor at the Pacific Coast Banking School in Seattle and the Arizona Tax Institute. He speaks throughout the U.S. on the domestic economy and international trends, paying particular attention to generational spending patterns, to recent Federal Reserve policy, and to current tax/spending proposals by the White House and Congress.
CPE Credits Pre-conference workshop participants can earn up to 4.5 CPE creditsin Specialized Knowledge and Applications.
Conference participants can earn up to 14 CPE creditsin Specialized Knowledge and Applications.
Amount of CPE credits and fields of study are subject to change.
League of Southeastern Credit Unions 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 the 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:
It is always recommended that individuals retain a copy of the materials, from each educational event attended, for verification purposes.
Registrant Cancellation Policy All cancellations must be in writing and received 5 business days prior to the event. No refunds will be issued after this date. Substitutions are always welcome.
Scholarships Through the Southeastern Credit Union Foundation, credit unions in Alabama and Florida can apply for scholarships to attend educational events. The scholarships will be rewarded to those individuals who best exemplify the credit union philosophy, and whose attendance at approved programs would be beneficial in the perpetuation of credit union goals and ideas on an as-needed basis. To apply for a scholarship please
click here or contact
Laura Vann, LSCU VP, Cooperative Initiatives, 866.231.0545 x2181.
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.
Questions Contact Association Services Specialist, Becki Payne, at 866.231.0545 x2129 or
Special Needs If you have physical, medical, or dietary needs requiring special attention, please contact Brandy Norvell at 866.231.0545 x2172 or
email@example.com for proper arrangements to be made.
For more information regarding administrative policies, such as concerns, refund, and program cancellation please contact us at 866.231.0545 x2110.