MADISON, Wis. (7/2/08)--Credit union volunteers and non-compliance staff can be recognized for their successful completion of compliance training in a new Credit Union National Association eSchool beginning in August. The 10-session Compliance Certification Training for Staff e-School is a complete compliance training package for volunteers and non-compliance staff. Running from Aug. 6 - Dec. 17, the eSchool will cover mortgage and consumer lending, deposit accounts, and general operations regulations such as the Bank Secrecy Act, Bank Bribery Act, IRS information reporting and withholding requirements, various privacy regulations, and more. Also, participants will learn about the National Credit Union Administration and federal share insurance, along with agency management issues. Those who are interested may take the Regulatory Compliance Training and Certification Program (RegTraC) Level 1 exams to test their knowledge of the topics and obtain a Compliance Achievement Award. Credit union staff and volunteers can further their financial management knowledge and learn to improve the performance of their credit unions during the eight-session Financial Management e-School: Part II. Participants of this Aug. 27--Oct. 15 eSchool will gain a better understanding of how their financial management decisions affect credit union growth through the following advanced-level topics:
* Aug. 27--Capital adequacy and measuring risk-based capital; * Sept. 3--Introduction to the financial planning case study and simulation overview; * Sept. 10--Advanced asset-liability management and credit: Interest rate risk assessment and managing core deposits; * Sept. 17--Financial planning, budgeting, and building the "ideal" capital position; * Sept. 24--Forecasting and strategically planning for long-term growth; * Oct. 1--Portfolio management strategies; * Oct. 8--Financial planning issues: Case studies and simulation case presentation; and * Oct. 15--Investment options to achieve financial goals and objectives.
An e-School is a series of interactive classroom sessions that feature live, real-time instruction from industry experts via the Internet and a telephone conference call. Students also have an opportunity to interact with the instructor and other participants through online chats and live discussion. Participants may register for specific webinars or the entire series of sessions as an eSchool.