Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
CUNA to continue designating BSA compliance specialists
MADISON, Wis. (9/9/11)--The Credit Union National Association’s (CUNA) Bank Secrecy Act Compliance Specialist (BSACS) certification will be available in October. Attendees of CUNA’s Bank Secrecy Act Conference, to be held Oct. 30-Nov. 2 in San Diego, can become certified by completing the Bank Secrecy Act (BSA) 101 session Oct. 30 and passing the exam. Established in 1970, the BSA was enacted by Congress to help in the investigations of money laundering, tax evasion and other criminal activity. Comprising a combination of various statutes that require credit unions to record and retain certain records and report certain financial transactions to the federal government, the act has become an essential piece of regulation for all credit unions to know. The BSACS certification and the CUNA Bank Secrecy Act Conference are designed to help professionals stay current on the changing laws and regulations that make up the BSA and help safeguard credit unions. For the first time, CUNA’s conference will conduct a study session to prepare past certified professionals for recertification as BSACS. Renewal is required every three years. Previously certified professionals can renew their BSACS certification by attending the conference in October and successfully passing the recertification test. Attendees of the CUNA Bank Secrecy Act Conference will also hear from the Financial Crimes Enforcement Network, the National Credit Union Administration and the Office of Foreign Assets Control on what can be expected in the next year.


RSS print
News Now LiveWire
Today's the last day to complete @CUNA's Home Depot data breach survey http://t.co/UcB8G9bVXe #StoptheDataBreaches
48 minutes ago
Brenda Davis of Cross Roads Ministries will walk through 83 communities during the Ending Hunger Walking tour. (2 of 2)
1 hours ago
The Ending Hunger Walking tour, coordinated by the Maine CU League, kicked off at Old Maine CU in Augusta today. (1 of 2)
1 hours ago
Darwin Brokke of Citizens Community CU represented the #CU Association of Dakotas at a housing summit hosted by @SenatorHeitkamp
2 hours ago
.@TheNCUA says its employees report high job satisfaction in the 2014 Federal Employee Viewpoint Survey. http://t.co/1nLUwrEqnA
3 hours ago