CUNA Mutual Group announces 2015 Credit Union Protection Webinars
Risk Management Specialists to Discuss Top Risks Affecting Credit Unions and Mitigation Tips for Reducing Losses
MADISON, WI (December 11, 2014) — CUNA Mutual Group Fidelity Bond policyholders can become versed on the most pressing risks facing their credit unions and get loss-avoidance recommendations by participating in the insurer’s 2015 Credit Union Protection webinar series.
CUNA Mutual Group risk management specialists will conduct seven webinars throughout the year as a no-cost, value-added benefit for policyholders who can attend without stepping away from their desk, or with their mobile device if they’re on the go.
Nearly 6,500 credit union officials participated in a CU Protection webinar in 2014. Nine out of 10 participants surveyed indicated they were “likely” or “very likely” to recommend CU Protection webinars to a peer, and almost 40 percent reported the webinars helped them minimize and/or recover from a loss. (CUNA Mutual Group internal data, 2014)
“The CU Protection webinar series is extremely popular with credit unions because they offer actionable insights on relevant topics in a very time-efficient manner,” said Theran Colwell, director of Credit Union Protection Risk Management. “The webinars are one of our most valuable and recognized risk management tools that help safeguard credit unions and differentiate CUNA Mutual Group from other fidelity bond providers.”
Following are dates and session summaries for the 2015 live webinars, which will be recorded and stored along with previous webinars for credit union staff to conveniently access in the CU Protection Resource Center on cunamutual.com:
Conducting Your Vendor Due Diligence – Jan. 14, 10 a.m. CST: Choosing a trustworthy third-party service provider is more important than ever before. Minimize risk by making sure your vendors’ support, strategic direction, and contracts align with the credit union’s risk appetite.
Managing Risks for Emerging Payments – Feb. 11, 1 p.m. CST: Ensure your payment methods are fast, reliable, and secure—whether members are at the point of sale, online, or using mobile technology. Learn about emerging payment risks and ways to protect the credit union and its members.
Growing Loans Safely Through Lending Oversight – March 18, 10 a.m. CDT: Credit union growth strategies likely include increasing loans—consumer, indirect, real estate, and/or business lending. Learn how to establish policies, procedures and general oversight to manage risks and optimize growth.
Reduce Employee Risks Through Better Controls – May 13, 10 a.m. CDT: Conducting background checks on new hires and having internal controls in place help reduce risk, but may not be enough. Hear real-life scenarios to watch for warning signs and how to implement additional loss controls.
Employment Practices for Hiring, Firing and Everything in Between – June 17, 1 p.m. CDT: Forty-one percent of employer misconduct claims are for employee retaliation, according to 2014 Equal Employment Opportunity Commission statistics. It’s vitally important to have correct policies and procedures in place related to hiring, documenting, disciplining and firing.
Litigation Trends and Managing Your Risk – Sept. 16, 1 p.m. CDT: Litigation trends show no signs of slowing. This webinar will break down the credit union industry’s greatest loss trends and provide actionable insights to help better manage operational risks and class-action lawsuits.
Confront Cyber Risks Head-On – Oct. 14, 10 a.m. CDT: Some of the largest data breaches occurred in the last two years. The average cost of a data breach is a staggering $3.5 million, according to the May 2014 Ponemon Institute “Cost of Data Breach Study.” Learn how to identify cyber risk exposures, assess threats, and take steps to recover from a breach and better protect your reputation.
New for 2015 are three 90-minute deep-dive sessions designed to provide additional focus on each webinar topic and more time to participate in the live Q&A sessions. Deep-dive webinars are scheduled for February, June, and September.
To register and access the Webinar Library within the Protection Resource Center, visit www.cunamutual.com/cuprotectionwebinars. Participants must be logged in to view and register for webinars. For those without log-in credentials click on “Register for a User ID” in the My Services section of cunamutual.com.
CUNA Mutual Group was founded in 1935 by credit union pioneers, and our commitment to their vision continues today. We offer insurance and protection for credit unions, employees and members; lending solutions and marketing programs; TruStageTM-branded consumer insurance products; and investment and retirement services to help our customers succeed. More information is available on the company’s website at www.cunamutual.com.
CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Life, accident, health and annuity insurance products are issued by CMFG Life Insurance Company. Property and casualty insurance products are issued by CUMIS Insurance Society, Inc. Each insurer is solely responsible for the financial obligations under the policies and contracts it issues. Corporate headquarters are located in Madison, Wis.