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CUNA Mutual Group schedules 2014 credit union protection webinars

MADISON, WI (December 20, 2013) —  CUNA Mutual Group has announced its slate of 2014 Credit Union Protection Webinars, 11 risk management sessions exclusively for fidelity bond policyholders.

Webinars are conducted by CUNA Mutual Group risk management specialists and address top risks facing credit unions and how to mitigate losses, said Theran Colwell, director of Credit Union Protection Risk Management.

“Attendees will gain valuable insights and recommendations to reduce losses and help protect their credit unions against a wide variety of risks. The one-hour webinars are provided as a no-cost, value-added benefit for policyholders, who can participate without stepping away from their desk, or with their mobile device if they’re on the go,” Colwell said.

Webinars are one hour long, beginning at 10 a.m. Central time, and conclude with a live Q&A session. Following are dates and session summaries:

Managing the Risk of Payment Cards – Jan. 15: Losses involving payment cards pose significant challenges. Learn about the most recent trends in card fraud, what’s causing it and how to respond.

Understanding Automated Clearing House (ACH) Risk – Feb. 19: ACH risks can be confusing and can vary with each type of electronic transaction. Hear about emerging problems with online account takeover fraud and unauthorized origination of outgoing funds; risks of originating debits as deposits or loan payments; and operational issues for the receiver of fraudulent credits/debits.

Uncover Hidden Lending Risks – March 19: Real-life losses and claim scenarios will prompt discussion of hidden lending risks and how to minimize impact on credit unions and members.

Lessons Learned for Being Prepared – April 16: Disaster preparedness is critical to quickly and successfully recover from an unforeseen disaster. Learn lessons from real-life credit union scenarios to best prepare for the unexpected.

When Robberies & Violence Occur – May 21: From robberies gone awry to bullies in the workplace, financial institutions are not exempt from violent situations. Discover recent challenges facing credit unions and how to respond when stressful situations arise.

Questions Your Supervisory Committee Should Ask – June 18: The Supervisory Committee ensures that proper financial processes, internal controls, and risk identification methods are in place. Find out the questions that should be asked to better protect your credit union.

Employment Practices Trends & Increased Risks – July 16: Employee-related risks are among the most damaging exposures for credit unions, including financial losses and irreparable damage to an organization’s reputation or brand. Sexual harassment, wrongful termination and discrimination will be discussed.

ATM Risks – What You Don’t Know Can Hurt You – Aug. 20: ATMs pose hidden challenges from fee notice signage, to ADA compliance, to continuing fraud. Understand the latest schemes, trends and key steps to help reduce ATM risk.

Don’t Wait to Address Employee Dishonesty and Internal Controls – Sept. 17: “It won’t happen to us!” These famous last words often describe complacency which can lead to insufficient internal controls and correlating losses from dishonest employees.

Mobile Banking Risks Knocking at Your Door – Oct. 22: With growing use of mobile device technology for shopping and financial transactions, credit unions must mitigate and protect against evolving risks.

Risk Management “Around the Horn” – Nov. 19: This quick-paced roundtable of CUNA Mutual Group risk managers will provide insights on the hottest risk management issues and how to better protect against risk trends.

For registration information, go to the Credit Union Protection Resource Center: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.

To learn more, follow @CUNAMutualGroup on Twitter, circle +CUNA Mutual Group on Google+, or visit http://www.cunamutual.com/pressroom.

CUNA Mutual Group insurance, retirement and investment products provide financial security and protection to credit unions and their members worldwide. With more than 75 years of true market commitment, CUNA Mutual Group’s vision is unwavering: To be a trusted business partner who delivers service excellence through customer-focused products and market-driven insight. More information on the company 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, Wisconsin.

 


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