South Carolina Credit Union League

2008 Seminars

Vendor Due Diligence & Third Party Contract Management

October 1, 2008
Greensboro, NC
9:00 a.m. – 4:00 p.m. Local Time
Tuition: $199
($219 after August 31, 2008) Credit unions under $10 million in assets receive a 25% discount. Please call or e-mail for more information.

NEW ACH PAYMENT OPTION

You can now select ACH Debit on your registration form to pay directly out of your account. CUNA member access is required. Request web access today.

Also available: October 2, 2008


Download the complete brochure

SEMINAR OVERVIEW

This is the NCUA hot topic for the year. Almost every credit union entrusts some of its most sensitive member information and core business processes to third party vendors. If something goes wrong with a third party relationship, we all know who will get the blame —your credit union! Attend this workshop to make sure your credit union has effective vendor management policies and procedures in place.

TOPICS & OBJECTIVES

1. Recent NCUA guidance on evaluation of third party relationships

From supervisory letters to webinars, what NCUA is telling us

2. Effective planning for third party arrangements

Getting an accurate snapshot of your operations
The role of strategic planning
Operational advantages of third party vendor management

3. Credit union wide vendor risk assessment

Performing a vendor census
Understanding risk based risk assessments
Identifying critical vendors

4. The essential elements of vendor due diligence

Vendor background checks
Financial and accounting traps to avoid
The myth of the SAS 70

5. Basic contracting tips

Understanding key contract terms
Secrets of vendor negotiation
Avoiding classic contract traps

6. Creating solid staff oversight and quality control

Assigning staff oversight functions
Drafting effective procedures
Creating a vendor management cycle

7. Managing third party risks

Internal controls and audit functions
Mitigation, transfer and avoidance of risk
Effective problem resolution procedures

For more program content information or to request a brochure call 800-356-9655, ext. 4882, or email abollman@cuna.coop. For registration questions, call 800-356-9655, ext.4400 or e-mail reginfo@cuna.coop.

Affiliation with CUNA/League is required for attendance.

LOCATION
NORTH CAROLINA CREDIT UNION LEAGUE
4160 Piedmont Pkwy.
Greensboro, NC 27410-8109
Phone: (800)822-8859
Fax: (336)299-7845
Click here for driving directions.

LODGING DETAIL
Here are two nearby options for lodging. For special rates, mention the North Carolina Credit Union League or CUNA.

Ashford Suites
3901 Sedgebrook Street
High Point, NC 27265
Phone: 877-502-9522
Room rate: $99

Residence Inn by Marriott Greensboro Airport
7616 Thorndike Rd.
Greensboro, NC 27409
Phone: 336-632-4666
Room rate: $104

INSTRUCTORS
David A. Reed
David A. Reed, founder of CU Doctor, is an author, consultant, and nationally recognized speaker. Reed provides guidance to credit unions concerning a variety of matters, including credit union policies and procedures, organizational compliance, collections, security, contractual agreements, regulatory matters, and corporate governance. A former bankruptcy attorney, vice president, and general counsel for a large credit union, Reed is particularly noted as an expert in the areas of bankruptcy and collections.

WHO SHOULD ATTEND
This session is designed for all management, executives, CEOs, and compliance professionals who work with third party vendors.

FREE PUBLICATIONS
Try one of these publications free when you register for this program!

Credit Union Magazine (6 months free!)
Directors Newsletter (6 months free!)

Find out more about these publications

CANCELLATIONS
Cancellations received in writing (via fax 608-231-4327) before the end of business on September 23, 2008 are eligible for a refund of the amount paid minus a $50 administrative fee. No refunds will be granted for cancellation requests received after September 23, 2008. Substitutions are accepted anytime prior to the start of the program at no additional cost. Simply fax event and contact information, listing the new participant and who they will be replacing. Cancellation fees do not apply for free or complimentary programs.