Record attendance for AuditLink’s second Conversations on Compliance symposium
GRAND RAPIDS, MI (June 7, 2016) — AuditLink, the audit and compliance division of the West Michigan-based CUSO CU*Answers, recently held its second Conversations on Compliance event in Grand Rapids, Mich.
“We had an amazing turnout this year,” said Marsha Sapino, AuditLink Assistant Manager. “We filled our training room to its capacity. Turnout was so high in fact that next year we will be moving the event off-site and will open up the invitation to individuals outside the CU*Answers client network as well.”
The full day schedule included discussions on regulatory updates, profitability & mergers and overdraft protection regulatory & legal risks. In addition to AuditLink professionals Jim Vilker, manager, and Marsha Sapino, guest speakers were on hand to provide their own insights on the changing regulatory environment.
Special guest Steve Van Beek of Howard & Howard Attorneys PLLC was on hand to talk about the risks associated with overdraft protection programs. Charles McQueen of McQueen Financial kicked off the afternoon with a discussion on profitability in a low interest rate environment as well as navigating mergers.
Mr. Vilker added: “There’s clearly an appetite among credit unions for information relating to regulatory updates and compliance in general. We’re looking forward to the event next year and to opening it up to credit unions outside the CU*Answers network.”
CU*Answers offers expertise in implementing technical solutions to operational needs, and is a leader in helping credit unions form strategic alliances and partnerships. CU*Answers provides a wide variety of services for credit unions including its flagship CU*BASE® processing system (online and in-house) and Internet development services featuring It’s Me 247 online and mobile banking. Additional services include web development, network design and security, and image check processing. Founded in 1970, CU*Answers is a 100% credit union-owned cooperative CUSO providing services to credit unions representing over 2 million members and $21.5 billion in credit union assets. For more information, visit www.cuanswers.com.