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Albuquerque Chapter of Credit Unions

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Preventing and Addressing Check Losses

Wednesday, June 3, 2009

Embassy Suites Hotel

Albuquerque, New Mexico

8:30 am to 4:00 p.m.

(Registration from 8:00 am to 8:30 am)

Each credit union issues its own cashier’s or teller’s checks and/or takes checks from members for deposit. Thus, all credit unions are exposed to losses due to forged endorsements and signatures, counterfeit checks, lost or stolen checks, alterations and numerous other problems. These losses cost institutions over $1 billion dollars a year—it’s expensive and most often due to a lack of check solution resources and training.

This check loss prevention and recovery program will focus on the numerous check issues that every credit union employee must know. Additionally, this program will demonstrate how Check Management Solutions™ helps you and your credit union answer check related issues, and most importantly prevents and resolves hundreds of thousands of dollars in potential check losses

Attendance at this program is critical for you and your employees who want to complete their understanding of the check and e-payment system in order to provide better service to members, generate more income, reduce expenses and prevent and recover on losses.  
Specific information to be addressed at this program include:

• Your credit union’s rights upon paying checksdrawn on your credit union (a critical issue that every teller to senior management team member must know).
• Your credit union’s rights on taking checks for deposit(again, a critical issue that all must know).
• Preventing losses on non-received, lost and stolen cashier’sand teller’s checks, and stolen member’s checks,
  Stop payment issues on members’ checksand your credit union’s checks,
• Numerous innovative check issue related contractual provisions to generate income & prevent losses,
• The innovative policy and method used by credit unions when taking checks for deposit that provides the best service and prevents losses,
• New updates on Reg CC remotely created drafts & Reg E check conversion rules, and
• Much, much more!

Who should attend?

This program is designed for Senior Management, Operations and Member Service Managers, Member Service Representatives, Tellers, Front Line Staff, Compliance Officers, Accountants, Bookkeepers, Tellers, CPAs, Attorneys and anyone at the credit union who is responsible for dealing with members’ or the credit union’s checks and share drafts or who has a checking account.  It is recommended that your credit union have at least two people from every branch at this program to learn how to use CMS in order to help your members and prevent check losses.

Your instructor: Tyler F. Parker

Tyler F. Parker is a nationally recognized speaker on financial institution operational and compliance topics who over the last twenty-four years has taught compliance programs for 45 credit union leagues, the Credit Union National Association (CUNA), the National Credit Union Administration (NCUA) and numerous individual credit unions. Ty is a member of the Washington bar association. He received his bachelor’s of arts from Whitman College, Walla Walla, Washington and his juris doctorate and master’s in business management from Willamette University, Salem, Oregon.

Investment

Your cost is $149 for this one-day workshop which covers all education materials, refreshment breaks and lunch for both days. If you're attending CUANM's 50th Annual Meeting and Convention, the cost is only $99 per person and every 5th registration from the same credit union is free!!

Please fill out a separate line for each participant. Submit additional registration forms as needed.