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THE PREMIER CONFERENCE FOR CREDIT UNION OVERSIGHT, AUDITING & COMPLIANCE

www.nacusac.org

SAN ANTONIONACUSAC 2015 CONFERENCE & EXPO

JUNE 17-20, 2015 • HYATT REGENCY • SAN ANTONIO, TEXAS

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THIS IS A MUST-ATTEND

CONFERENCE FOR:

“A very good conference, very informative, very good instructors.”

“Excellent conference! As a first timer I am leaving this conference with answers to many questions, as well as ideas for consideration and implementation.”

NACUSAC CONFERENCE REVIEWS:

CONFERENCE BENEFITS ALSO INCLUDE: Up to 22 CPE credits available for auditing/accounting professionals

Financial course for Volunteers to satisfy NCUA Financial Literacy Requirement

Bank Secrecy Act (BSA) training for annual compliance

Optional One Day Training Seminar for New Supervisory Committees

Join NACUSAC this June as we meet along San Antonio’s verdant oasis of waterways known as the River Walk. Whether you are involved in oversight, auditing, compliance or operations, you have an important role in ensuring the safety and soundness of your credit union. At NACUSAC’s 2015 Annual Supervisory Conference, you’ll get all the information and specialized training you need while experiencing the vibrant culture and tradition of one of Texas’ most exciting destinations.

Supervisory/Audit Committees

Internal Auditors

Compliance Officers

CEOs/Board Members

Anyone involved incredit union oversight

SAN ANTONIO

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WEDNESDAY, JUNE 17, 20158:00 am – 6:00 pmConference Registration

8:30 am – 3:30 pmSupervisory Committee Training Seminar & Lunch (Optional)Tim Harrington, CPA, President, TEAM ResourcesGet in-depth training in key areas of the supervisory/audit committees’ duties, including tips for hiring an external auditor. You’ll also gain a greater understanding of your credit union’s financial statements and key ratios to satisfy NCUA’s Financial Literacy requirement.NACUSAC University: Level 1 (Required prior to taking Level 2 courses)CPE Field of Study: Specialized Knowledge & Applications

12:00 – 3:00 pm Focused Networking Forum for Committees & Luncheon (Optional)Sit down with a group of your peers in a highly-interactive, moderated session to discuss issues that are unique to your role as a supervisory/audit committee member. A networking luncheon is included.CPE Field of Study: Specialized Knowledge & Applications

5:00 – 6:00 pm“Welcome to San Antonio” Networking ReceptionResource Center Grand Opening & Prize Raffle

Learning objectives online at www.nacusac.org

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THURSDAY, JUNE 18, 20157:00 – 7:45 amContinental Breakfast [Resource Center Open]

8:00 – 9:00 amOpening General Session & Keynote Address:Malware, Mules & MoneySteve Stasiukonis, President, Secure Network TechnologiesFinancial crimes using the Internet have skyrocketed. Cyber-criminals now use sophisticated applications in their attacks, making it easier for them to breach security. Hear actual cases where these applications, along with social engineering and hacking techniques, have been used to perpetrate attacks. Learn actionable and practical strategies for protecting your credit union’s data from being compromised.CPE Field of Study: Specialized Knowledge & Applications

9:00 – 9:20 amRefreshment Break [Resource Center Open]

9:30 – 10:20 amGeneral SessionWhat to Do When Things Go Wrong – A Step-by-Step ApproachTim Harrington, CPA, President, TEAM ResourcesWhen something goes wrong at your credit union, it’s important to know when the Supervisory Committee should step in and how far it should go. Sometimes it is simply including a comment in the monthly report, other times it might include seeking outside guidance or help, and at the very worst of times it could include suspending directors. We will talk about step by step processes the Committee members should be aware of in order to best serve the members. CPE Field of Study: Behavioral Ethics

CONFERENCE AGENDA

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10:30 am – 12:10 pmConcurrent Sessions

Increased Complexity of IT Systems and its Impact on Internal ControlsJoe Zito, CPA, MBA, Shareholder, Doeren MayhewWith more sophisticated product delivery systems and back office integration, credit unions have become more complex. Gaining a thorough understanding of system access and information flow is essential in assessing the internal controls with these IT systems. Cyber security threats and the importance of privacy of credit union and member information make assessment critical. CPE Field of Study: Computer ScienceNACUSAC U: Internal Controls or IT Security (Required)

Bank Secrecy Act (BSA) Compliance Training for Volunteers Robert Fouratt, CPA, Managing Partner, The Curchin GroupTake this session to ensure you are up-to-date on the latest BSA regulations and compliance requirements. This session will include a review of recent developments and trends in BSA enforcement, as well as the important changes in NCUA’s BSA examination guide. All participants will receive a course certificate for completing BSA training.CPE Field of Study: Regulatory EthicsNACUSAC U: Regulatory Compliance (Required)

Fair Lending: It Is Not Just a Catchy Phrase. There Are Consequences. (Morning Session Only)Terry L. Nabors, Principal, Turner, Warren, Hwang & ConradRegulators continue to increase their scrutiny of credit unions’ fair lending practices. Be sure you are prepared for future examinations by learning what fair lending is, and what should be included in your lending reviews and compliance program related to this area.CPE Field of Study: Regulatory EthicsNACUSAC U Credit for: Regulatory Compliance (Required)

12:15 – 1:15 pmNetworking Luncheon [Resource Center Open]

1:20 – 3:00 pmConcurrent Sessions Repeat, Plus

Managing a Third Party Risk Management Program in a Highly Regulated Environment (Afternoon Session Only)Mark Demos, Senior Manager, Crowe Horwath LLPCredit unions use third party vendors for everything from landscaping to member communication and this interdependence can create blurred lines. In a highly regulated industry, third party risk management is paramount to successfully supervising and governing these relationships and can be challenging to administer. CPE Field of Study: Management Advisory ServicesNACUSAC U Credit for: Risk Models (Elective)

Learning objectives online at www.nacusac.org

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FRIDAY, JUNE 19, 20157:00 – 7:45 amContinental Breakfast [Resource Center Open]

8:00 – 9:00 amGeneral SessionNCUA Update: Preparing Your Credit Union for Evolving Regulations and Future ExamsJoseph D’Ambra, Jr., Supervisory Examiner, Region IV, NCUA In 2015, NCUA will continue to focus on cybersecurity and interest rate risk. Find out what you need to watch out for in future examinations and how to make sure your credit union is adequately prepared to address any areas that require action. CPE Field of Study: Regulatory Ethics

9:00 – 9:20 amRefreshment Break [Resource Center Open]

9:30 – 10:20 amGeneral SessionThe Changing Face of Banking and the Credit Union IndustryDr. Stephen Happel, Emeritus Professor of Economics Arizona State University W.P. Carey School of BusinessIn what areas can we expect economic growth and how will this impact our credit unions? Find out how major pieces of legislation since the 1980s have shaped today’s economy and what demographic and market trends are likely to change in the coming decade.CPE Field of Study: Economics

10:30 am – 12:10 pmConcurrent Sessions

Using Collaboration to Minimize Internal Fraud LossesJoni Lovingood, CRM, CFE, Corporate P&C Sales Specialist CUNA Mutual GroupCredit union internal fraud losses continue to be a severity issue, not a frequency issue. Although there are few twists on the methods used to commit the fraud, credit unions continue to fall victim due to lax or nonexistent internal controls. Collaboration between employees, internal audit and supervisory committee members can help minimize your exposure to these losses.CPE Field of Study: Specialized Knowledge & ApplicationsNACUSAC U Credit for: Internal Fraud (Required)

Making Sense of Financial Statements and Key Financial Metrics Michael Richards, CPA, Proprietor & Managing Associate Richards & Associates This session will provide a clear understanding of your credit union’s financial condition and what those numbers mean. Learn some simple ways to analyze financial information and compare your credit union with state and federal benchmarks. Attend this session to receive a certificate for financial literacy training.CPE Field of Study: AccountingNACUSAC U Credit for: Financial Statements (Required)

Learning objectives online at www.nacusac.org

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A View of Indirect Lending – Through Auditors Eyes (Morning Session Only)Daniel C. Moulton, CPA, Partner, Orth, Chakler, Murnane & Co. CPAsNo matter how you look at it, an indirect lending program means additional risk and opportunity for abuse. The involvement of third party originators, special contracts, and fee-based underwriting means added due diligence and continuous monitoring of the process. Join this session as the intricacies of indirect lending are covered from beginning to end. CPE Field of Study: Management Advisory ServicesNACUSAC U Credit for: Risk Models/ALM (Electives)

12:15 – 1:15 pmNetworking Luncheon & NACUSAC University Graduation CeremonyResource Center Conclusion

1:20 – 3:00 pmConcurrent Sessions Repeat, Plus

Increased Regulations and How to Cope (Afternoon Session Only) Dan Mahalak, CPA, Cindrich, Mahalak & Co., P.C.Today’s credit unions operate in a highly complex regulatory environment. Learn how to leverage your credit union’s resources and streamline your compliance programs for maximum effectiveness.CPE Field of Study: Regulatory EthicsNACUSAC U Credit for: Regulatory Compliance (Required)

CONFERENCE AGENDA

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3:15 – 3:45 pmNACUSAC Annual Business Meeting & Prize Raffle

6:30 - 10:00 pm Evening at Pedrotti’s North Wind Ranch & Barbeque No trip to San Antonio would be complete without visiting a Texas ranch for a barbeque. Pedrotti’s North Wind Ranch, located just within the San Antonio city limits, has been family-owned and operated for over 20 years. After sampling some fine Texas barbeque, guests will enjoy a western band and line dancing.

SATURDAY, JUNE 20, 20157:30 – 8:15 amContinental Breakfast

8:20 – 10:00 amConcurrent Sessions

Changes to the ALLL: Current Expected Credit Losses (CECL)Greg Schwartz, CPA, Principal, Fin. Inst., CliftonLarsonAllen LLPThe FASB (Financial Standards Accounting Board) is moving toward developing a new loss model known as Current Expected Credit

Losses (CECL). This new model will take into account “expected losses” rather than the current “incurred losses.” Discover how this new method changes the ALLL and its potential impact on the average credit union.CPE Field of Study: Management Advisory ServicesNACUSAC U Credit for: ALLL (Elective)

A New Framework for Risk-Based Capital and Strategic ImplicationsTravis Smith, Partner, Moss Adams LLPAt the beginning of 2015, NCUA issued a second proposed rule regarding Risk-Based Capital. Learn about key changes of the revision and how it could impact your credit union from a stra-tegic and regulatory standpoint.CPE: AuditingNACUSAC U: Audit Plans

10:15 – 11:05 amClosing General SessionThe Art of MasteryNancy Noonan, Motivational Business SpeakerEngage in the process of discovering the powerful connections between the success strategies of the Master Artists and successful people in the workplace. Overcome past obstacles, embrace change and unleash untapped reserves of talent and creativity to improve morale, productivity and results.CPE Field of Study: Personal Development

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STAYING AT THE HYATT REGENCYThe Hyatt Regency San Antonio, located across the street from the Alamo and along the famed Riverwalk, offers world-class dining, shopping and entertainment. NACUSAC’s group room rate starts at $195 per night. Prior to May 25, 2015, make hotel reservations by calling 1-888-421-1442 and asking for the National Association of Credit Union Supervisory & Auditing Committees block of rooms. However, rooms may be filled before May 25 so early reservations are recommended.

GETTING TO SAN ANTONIOThe San Antonio International Airport serves most major airlines. From the airport to the Hyatt Regency, taxi fare is approximately $30 one-way, or use one of the shuttle services available at the airport.

BRING A GUEST WITH YOU!NACUSAC offers a full spouse/guest program for an additional cost of $395, including:• Wednesday’s Welcome Reception• Continental Breakfasts on Thursday, Friday and Saturday• San Antonio Historical Tour• Friday Evening BBQ at Pedrotti’s Ranch• Motivational Guest Speaker on Saturday

OPTIONAL PRE-CONFERENCE SESSIONSYou may also choose to register for one of the optional pre-conference sessions on Wednesday, June 17. If you are new to the supervisory committee and looking for an overview of the committee’s duties, you will benefit by attending the Supervisory Committee Training Seminar. Or, if you’d like to discuss critical topics with your peers in a moderated session, sign up for the Focused Networking Forum. Lunch is included with both events.

NOMINATE AN OUTSTANDING MEMBER FOR THEIR SERVICE NACUSAC recognizes exemplary service to credit unions through the Golden Service Award. To nominate a candidate for the 2015 Golden Service Award, email nacusac@nacusac.org. During the Conference, a special ceremony will be held to recognize this year’s award recipient.

RESOURCE CENTER FOR CREDIT UNIONSNACUSAC’s exhibit hall provides the opportunity to connect with the firms who partner with your credit union to provide valuable services in the areas of auditing, accounting, IT security and more.

CONFERENCE DETAILS

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For the Conference ProgramRecommended CPE credits:15 CPE credits availableProgram Level – OverviewNo advance preparation or prerequisites

For the optional Training SeminarRecommended CPE credits:7 CPE credits availableProgram Level – BasicNo advance preparation or prerequisites

For the optional Networking ForumRecommended CPE credits:3 CPE credits availableProgram Level – BasicNo advance preparation or prerequisites

NACUSAC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org

CPE CREDITS FOR THE CONFERENCE PROGRAM SESSIONS, JUNE 17-20:

ONLINEGo online to www.nacusac.org

MAILNACUSAC P.O. Box 160 Del Mar, CA 92014

PHONECall toll-free (800) 287-5949

FAX24-hour fax line (858) 792-3884

4 EASY WAYS TO REGISTER!

REGISTER EARLY & SAVE!Members register by April 20 and your registration fee is $1,145. After April 20, the fee is $1,195. That’s a savings of $50 per registration! Members also save $200 over the non-member registration fee.

CANCELLATION/REFUND POLICYCancellations received by May 13 will be eligible for full refunds. From May 14 to May 22, a $100 administrative fee will be charged. After May 22 no refunds will be made, however substitutions are welcome.

SPECIAL ACCOMMODATIONSAnyone requiring special accommodations, including dietary, please email nacusac@nacusac.org with a description of your needs. QUESTIONS?For more information regarding administrative policies such as refunds, cancellations or to make a suggestion, please contact NACUSAC at 1-800-287-5949 or email nacusac@nacusac.org.

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SIGN ME UP TO ATTEND THE CONFERENCE!

SPOUSE/GUEST FULL NAME

CITY/STATE/ZIP

ADDRESS

CREDIT UNION

DELEGATE E-MAIL ADDRESS (REQUIRED)

CREDIT UNION TITLE/POSITION

NICKNAME FOR BADGE

DELEGATE FULL NAME

Early Registration Fees (by April 20, 2015) Member Delegate @ $1,145 $ Non-Member Delegate @ $1,345 $ Spouse/Guest @ $395 $Registration Fees (after April 20, 2015) Member Delegate @ $1,195 $ Non-Member Delegate @ $1,395 $ Spouse/Guest @ $395 $Optional Wednesday Pre-Conference Sessions Training Seminar & Lunch @ $349* $ Open Forum & Lunch @ $129* $ TOTAL FEES $

*These two events overlap. Please sign up for only one.

REGISTRATION FEES

REGISTRATION CONTACT - NAME

REGISTRATION CONTACT - E-MAIL

(Please photocopy for multiple registrations.)

REGISTRATION CONTACT - PHONE/EXT.

Register 3 or more delegates by April 20, 2015 and SAVE $50 per registration!

SAN ANTONIONACUSAC 2015 CONFERENCE & EXPO

JUNE 17-20, 2015 • HYATT REGENCY • SAN ANTONIO, TEXAS

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www.nacusac.org

CPE CREDITS, BSA & FINANCIAL

LITERACY COURSES AVAILABLE!

SAN ANTONIONACUSAC 2015 CONFERENCE & EXPO

JUNE 17-20, 2015 • HYATT REGENCY • SAN ANTONIO, TEXAS