Fed Restructuring Impacts Reg CC Holds: Effective Feb. 26, 2010
Friday, February 5, 2010 through Friday, February 5, 2010
Learn the Operational Issues of Regulation CC
Fed Restructuring Impacts Reg CC Holds: Effective February 26, 2010
Available on CD Rom Only
Added Bonus:
In addition to the CD ROM, you will receive a web link for unlimited on-demand viewing
DATE: (Link will be available until August 31, 2010.)
Purchase the CD-ROM (with FREE bonus Web access to the presentation) here:
https://www.eomniform.com/servlet/FillForm/fined/VACULreg (first item in pull-down listing!)
The Federal Reserve is in the last stages of restructuring its check-processing districts. On February 26th the Fed will eliminate the use of the non-local check timeframes and holds. What does this mean to your credit union and your member?
This webinar will look at required new disclosures, how to instruct your frontline staff, why credit unions will use exception holds almost exclusively, and how to manage the risk associated with fraudulent checks. We will address your cash availability procedures and teach you how to manage the 4:00 p.m. return deadline notifications.
This important session will also cover your credit union’s liability if you fail to place proper holds, fail to properly notify members, or if checks are wrongfully returned. Learn the operational issues of Regulation CC from the frontline to the bottom line.
HIGHLIGHTS
- How check restructuring affects risk
- How to work with your new disclosures
- How to prepare your frontline staff
- Why case-by-case holds will not be as useful
- What members do we notify of holds? What are the timeframes?
- Using Reg CC holds in the restructured check world
- Implementing cash rules – does it make sense now?
- One-time hold notices – a new tool?
- Other key components of Reg CC (i.e. large item return timeframes)
WHY SHOULD YOU PARTICIPATE?
This session is a cost-effective way to train personnel involved with Reg CC on the changing funds availability landscape effective February 26, 2010. You may train as many individuals as you like for one set price. There will be no travel costs, no time lost from work, and no one will be required to leave the institution.
WHO SHOULD ATTEND?
This informative session is a must for compliance officers, security officers, trainers, branch administration, head tellers, tellers, and anyone involved with Regulation CC at your credit union.
ABOUT THE PRESENTER – ABOUT THE PRESENTER – Deborah L. Crawford, gettechnical inc.
Deborah Crawford is the President of gettechnical inc., a Baton Rouge-based firm, specializing in the education of financial institutions across the nation. Her 20+ years of experience began at Hibernia National Bank in New Orleans. She graduated from Louisiana State University with both her bachelor’s and master’s degrees.
Debbie specializes in the education of financial institution employees and officers in the area of deposit account laws, new account documentation, insurance, complex compliance regulations and IRAs.
WHY ORDER THE AUDIO/VISUAL CD ROM?*
The CD Rom* includes the complete audio/visual presentation and handouts. In addition, you will be able to contact the presenter if you have follow-up questions. Use this “off-the-shelf” training program for future training. AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE.
Added Bonus:
In addition to the CD ROM, you will receive a web link for unlimited on-demand viewing
(Link will be available beginning Friday, February 5, 2010 until August 31, 2010.)
*CD Rom for PC use only. You will need the most current version of Adobe Acrobat Reader available free at www.adobe.com.