BSA Update 2019 - March 26, 2019

Bank Secrecy Act and OFAC requirements continue to challenge credit unions of all sizes. As we have come to learn, examiner expectations vary from institution to institution depending on the level of risk—risks including who you serve and where and how you serve your membership. In this session, the Association will:

  • Reinforce the critical components of compliance
  • Focus on recent guidance and best practices
  • Review the Member Due Diligence requirements, including risk profiles and beneficial owners
  • Examine the current environment for addressing the cannabis industry and related activities

Speaker: André A. Lucas

André A. Lucas is the Director of Compliance at the Maryland/DC Credit Union Association.  His current responsibilities include an active involvement in consulting with affiliated credit unions on operational issues; policies and procedure development, and federal and state compliance issues.  André also provides training in the areas of Bank Secrecy Act (BSA) and Collections and conducts on-site BSA testing/reviews for affiliated credit unions. André began his career in the financial industry as a Loan Officer/Collector with American Finance Company in 1977. André began his credit union career as a Collection Officer with Pentagon Federal Credit Union in January, 1984. In July, 1986 he accepted the position of Collections Manager with CommonWealth One Federal Credit Union (formerly AMC FCU) in Alexandria, Virginia.

Originally from Washington, DC, Andre served three years active duty in the United States Navy and currently holds CUNA’s Credit Union Compliance Expert (CUCE), and Bank Secrecy Act Compliance Specialist (BSACS) designations. During his credit union career he has developed a close affiliation with the Capital Area Collection Managers Roundtable, the Capital Area Compliance Roundtable, and the Bank Secrecy Act Compliance Roundtable. 

Registration: 8:45 a.m.
Program: 9:00 a.m. - 12:00 p.m.
Fee: $89.00

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March 26, 2019 9:00 am - 11:00 am

VENUE INFO

During registration you will be able to select your preferred location.

Speaker will present from:

CCUA Marlborough

845 Donald Lynch Blvd
Marlborough, MA 01752

Other Video Conference Locations Available:
 

Rhode Island

Navigant Credit Union
1005 Douglas Pike
Smithfield, RI 02917

Bank Secrecy Act and OFAC requirements continue to challenge credit unions of all sizes. As we have come to learn, examiner expectations vary from institution to institution depending on the level of risk—risks including who you serve and where and how you serve your membership. In this session, the Association will:

  • Reinforce the critical components of compliance
  • Focus on recent guidance and best practices
  • Review the Member Due Diligence requirements, including risk profiles and beneficial owners
  • Examine the current environment for addressing the cannabis industry and related activities

Speaker: André A. Lucas

André A. Lucas is the Director of Compliance at the Maryland/DC Credit Union Association.  His current responsibilities include an active involvement in consulting with affiliated credit unions on operational issues; policies and procedure development, and federal and state compliance issues.  André also provides training in the areas of Bank Secrecy Act (BSA) and Collections and conducts on-site BSA testing/reviews for affiliated credit unions. André began his career in the financial industry as a Loan Officer/Collector with American Finance Company in 1977. André began his credit union career as a Collection Officer with Pentagon Federal Credit Union in January, 1984. In July, 1986 he accepted the position of Collections Manager with CommonWealth One Federal Credit Union (formerly AMC FCU) in Alexandria, Virginia.

Originally from Washington, DC, Andre served three years active duty in the United States Navy and currently holds CUNA’s Credit Union Compliance Expert (CUCE), and Bank Secrecy Act Compliance Specialist (BSACS) designations. During his credit union career he has developed a close affiliation with the Capital Area Collection Managers Roundtable, the Capital Area Compliance Roundtable, and the Bank Secrecy Act Compliance Roundtable. 

Registration: 8:45 a.m.
Program: 9:00 a.m. - 12:00 p.m.
Fee: $89.00