Current Issues in Credit Unions

Current Issues in Credit Unions Episode 25

Tue, 22 Apr 2008 23:35:00 GMT

This month, Hal Scoggins is in for Brian Witt and we have Denise Wymore as our special guest.

Our format for the show is a little different this month. Denise chats with us about Net Promoter Score and why she doesnât like overdraft protection. Guy talks about new developments in CUSO law and we finish with a brief discussion of credit unions and coffee houses.

Deniseâs book is available here.

The CIiCU hosts are:

Brian Witt
Member
Farleigh Wada Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://thatcreditunionblog.com
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Episode 24.

Sat, 22 Mar 2008 16:07:00 GMT

This is our 2nd anniversary of doing CIiCU! This month, Hal Scoggins is in for Brian Witt and Katherine Weber is in for Guy Messick. Here are the topics:

--How can you tell when a vendor is high risk? (3:45)
--Tips on building a marketing campaign around a specific product. (11:20)
--How law enforcement uses Suspicious Activity Reports. (19:15)
--Dormant accounts and escheatment: tips and traps. (26:10)
--Tips on using employee pictures in ads and for identification. (31:40)
--Dealing with requests to change how you report an account to a Consumer Reporting Agency. (34:55)
--RESPA reform proposal put out by HUD. (44:10)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Wada Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Episode 23.

Thu, 28 Feb 2008 02:00:00 GMT

This month, we are joined by Palmer Williams and Katherine Weber is in for Guy Messick. Here are our topics:

--Identity theft: new developments.
--FACTA from the CUSO Perspective (7:30)
--Brian's heads up: Pitfalls with HSAs. (14:10)
--New proposed rule on the Family and Medical Leave Act. (23:15)
--Special incentives for employees: should the CEO get a company car? (31:10)
--Employee cellphone use policy: how tough should you be? (39:00)
--Update on the proposed VA CUSO Reg (43:50)
--Does your credit union have Associate Directors? Should it? (54:25)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Episode 22

Tue, 29 Jan 2008 03:19:00 GMT

This month, Guy Messick returns! Brian and Rob host as well but Faith is off this month. Here are our topics:

--Truth in Lending: Unfair or Deceptive Acts or Practices Proposed Rule.
--First Community's lawsuit against the IRS re: UBIT. (9:15)
--More on Managing Third Party Relationships. (18:45)
--Tips and Traps: filing the 1099(c) (27:15)
--Brian's Head's Up: treatment of uninsured shares for NCUSIF deposit expense and a new wire fraud ring ripping off credit unions. (31:40)
--33% of credit unions plan to convert to MSBs?! (40:00)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Episode 21

Sat, 29 Dec 2007 21:48:00 GMT

Throughout our 20 shows, weâve offered tips on various topics. This âbest ofâ show puts many of those tip segments all in one episode. (It also lets us take a vacation this month)!

--What are some tips for credit unions to remember when dealing with the death of a member?
-- Members with trust accounts: quick tips for credit unions. (6:58)
--Down and dirty disaster recovery planning tips. (11:57)
--Tips on Truth in Lending advertising compliance. (21:38)
--Tips on drafting suspicious activity report narratives. (29:41)
--Tips for credit unions handling wire transfers. (38:30)
--Tips on dealing with the member's attorney. (42:58)
--Going Paperless: tips and traps. (47:22)
--Tips on loan participation agreements. (55:20)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Episode 20.

Thu, 29 Nov 2007 02:28:00 GMT

This month it's Brian and Katherine and Rob. Here are our topics:

--State to Federal charter conversions: is this an issue nationwide? Are there any states that either donât have dual chartering or very few of one or the other? Is dual chartering still important? (4:32)
--Red Flags in FACTA update. (14:03)
--Form W-8BEN Procedures & best practices. (19:37)
--Funds availability primer. (25:35)
--Notary Public Best Practices. (30:42)
--Pros and Cons of Identity Theft Protection Companies. (35:15)
--Regulatory challenges to mobile banking? (41:35)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Episode 19

Thu, 1 Nov 2007 00:38:00 GMT

This month, Shari Storm is our guest from Verity Credit Union. Katherine Weber is in for Guy Messick and Brian Witt returns after his sabbatical. We discuss the following topics:

--What if consumers could sell their own data? Can credit unions work with members to maximize the value of their personal data?
--Do parents make better managers? Do the skills you learn when raising children parallel the skills you need to be a good corporate leader? (11:15)
--Regulation Z update (18:56)
--Member Inspection of Credit Union Books, Records, and Minutes Final Rule Follow Up. (31:50)
--The Affiliate Marketing Rule. (37:40)
--How far should you go into your memberâs business under BSA? (42:20)
--Discrimination traps in credit union incentive programs. (48:10)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Episode 18.

Fri, 28 Sep 2007 19:25:00 GMT

This month on Current Issues in Credit Unions, Hal Scoggins is in for Brian Witt and Katherine Weber is in for Guy Messick. Stan Spence is our guest from Pentagon Federal Credit Union. We discuss the following topics:

--Working with Members in the Military.
           --Final Rule: Limitations on Terms of Consumer Credit Extended to Service Members and Dependents.
           --Servicememberâs Civil Relief Act
           --Tips on working with Members in the Military
--Going Paperless: tips and traps. (32:16)
--Proposed Guidance on Garnishment of Exempt Federal Benefit Funds. (40:12)
--NCUA proposal on Members' Access to books and records. (50:43)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Episode 17

Fri, 31 Aug 2007 00:26:00 GMT

This month on Current Issues in Credit Unions, we have special guest Joe Melchione, Esq. Joe recently represented Continental Federal Credit Union in defending an unsolicited takeover bid. We discuss the following topics:

--Preventing the hostile takeover of a credit union by another financial institution and fiduciary duties of credit union boards of directors in the merger context.
--Purchasing check cashing companies with a CUSO. (39:54)
--How much can a BSA audit cost you? (48:58)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Episode 16.

Sat, 28 Jul 2007 15:01:00 GMT

This month on Current Issues in Credit Unions, Hal Scoggins subs for Brian Witt and Katherine Weber subs for Guy Messick. We discuss the following topics:

--No Loss Policies & Member Expulsion. (1:09)
--Truth in Lending Changes, Part II. Change in terms notices, penalty APR disclosures, new format for periodic statements, open end lending. (9:29)
--Walmart and Credit Unions. (17:49)
--Credit Union Leagues: changing with the movement? (22:23)
--Understanding the litigation process. (27:21)
--Overdraft protection and ATMs: should credit unions be concerned? (35:19)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Episode 15.

Sat, 30 Jun 2007 03:12:00 GMT

This month on Current Issues in Credit Unions, Hal Scoggins subs for Brian Witt and we discuss the following:

--New proposed changes in the electronic delivery of documents. (1:13)
--Proposed rule on Truth in Lending. (11:48)
--CU accounts for non-US residents or illegal immigrants. (20:59)
--Identity Theft and the Presidentâs Counselâs new report. (26:12)
--Proposed Rule on FCU bylaws. (31:19)
--the fiduciary duties of boards and rights of members in mergers and conversions. (36:53)
--Marketing a credit unionâs ability to pay interest on commercial accounts. (50:55)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Episode 14

Tue, 29 May 2007 22:54:00 GMT

This month we have Trey Reeme and Brent Dixon from Trabian on the show as guests.

Here are this monthâs topics:

--Social Media, Web 2.0 and making money: is it possible? (1:15)
--Credit Unions and Technology: what happens if you donât keep up? (26:47)
--The Effectiveness of Annoying Marketing (35:01)
--Annual Meetings: Doâs and Donâts. (39:32)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Episode 13

Thu, 26 Apr 2007 23:33:00 GMT

On our one year anniversary show, we talk about the following topics:

--Starting a credit union from scratch: what would it look like?       (3:14)
--Disclosure of merger related compensation arrangements.            (9:39)
--Member inspection of credit union books, records and minutes.   (15:22)
--Dealing with Summer dress code issues.                                    (26:50)
--Advertising traps concerning field of membership.                       (34:09)
--Wings/ Continental update.    (40:41)
--Zopa update.               (49:46)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://thatcreditunionblog.com
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Episode 12

Fri, 30 Mar 2007 00:11:00 GMT

Guy Messick could not be with us this month, but his partner Katherine Weber, Esq. has appeared in his stead.

This month, we talk about:

--More Ubit Updates (1:16)
--Wings FCU and Continental FCU (19:16)
--New Regulatory Focus on Vendor Contract Due Dilligence (31:35)
--BSA Challenges in Shared Branching (40:49)
--California's Elder Abuse Statute (46:39)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Special Episode

Mon, 12 Mar 2007 01:20:00 GMT

This is a special episode of CIiCU. Guy Messick interviews the following CUNA Governmental Affairs Conference attendees while at the show:

Simone Lagomarsino   (4:18)
Karen Morgan             (7:37)
Fred Becker Jr.           (12:40)
Tom Davis                 (16:50)
Vic Pantea                  (22:55)
Katherine Weber         (37:28)

We hope you enjoy it. Our normal show will return later this month.

Current Issues in Credit Unions Episode 11

Sat, 24 Feb 2007 21:15:00 GMT

This month on CIiCU we have a line-up change as Gwen Baker has left the show. Gwen will be missed; we all wish her well.

Faith Anderson from American Airlines Credit Union joins us as our new co-host. Welcome Faith!!!

Here are this month's topics:

--UBIT: Latest updates on new input from the NCUA and IRS. (2:45)
--The new Suspicious Activity Report form. (14:20)
--The Bank Bribery Act: a primer. (18:15)
--RESPA lawsuits: how do financial institutions get into trouble? (26:13)
--Fraud prevention updates (30:13)
--Tips on dealing with the member's attorney. (42:01)
--2007 National Defense Authorization Act (46:16)
--Is the SAR report a loophole in the RFPA? (51:23)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Episode 10

Fri, 26 Jan 2007 02:37:00 GMT

This month on Current Issues in Credit Unions, Bruce Jolly, Esq. from Venable LLP is our special guest. We devote the entire episode to discussing the Nationwide Bank purchase of Nationwide Federal Credit Union as Bruce was lead counsel on this unique transaction.

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Gwen Baker
Of Counsel
Venable LLP
575 7th Street, NW
Washington, District of Columbia 20004
(202) 344-4943
(202) 344-8300 (fax)
http://www.venable.com

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Episode 9.

Tue, 19 Dec 2006 01:16:00 GMT

This month on CIiCU, we are joined by Doug True of FORUM Credit Union and FORUM Solutions. Here are the topics for Episode 9:

--Latest efforts by VISA to enforce data security standards and if these efforts will help (1:43)

--How do the new email rules in the Federal Rules of Civil Procedure affect credit unions. (7:28)

--New concepts in credit union marketing. (web sites, podcasting, viral) (15:51)

--Right to Financial Privacy Act: a Primer. (27:09)

--Credit Union products: beyond the basics. (New CU products weâre seeing) (31:55)

--Using credit reports and credit scores legally and effectively. (39:46)

--Further update on Zopa (47:41)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Gwen Baker
Of Counsel
Venable LLP
575 7th Street, NW
Washington, District of Columbia 20004
(202) 344-4943
(202) 344-8300 (fax)
http://www.venable.com

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Episode 8.

Wed, 22 Nov 2006 00:05:00 GMT

This month on CIiCU, Faith Anderson, General Counsel of American Airlines Credit Union joined us as our guest. Here are the topics for Episode 8:

--How do the electronic check conversion regulations effective on 1/1/07 affect credit unions? (2:01)
--Tips for credit unions handling wire transfers. (5:52)
--Advantages (and challenges) to using a CUSO to form a title insurance and escrow company. (9:11)
--Are non-traditional mortgages good for your members? (13:49)
--Listener Question: how do you handle member debit/credit card liability issues when a member uses a pin number in the transaction? (21:35)
--Credit union liability in elder abuse claims where there are allegations that the credit union could have stopped fraud against the elderly member. (38:52)
--Can credit unions âfee outâ accounts or close accounts for inactivity? (43:53)
--Business accounts: tips and traps. (49:22)
--Collecting your delinquent courtesy pay/ overdraft protection accounts (54:43)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Gwen Baker
Of Counsel
Venable LLP
575 7th Street, NW
Washington, District of Columbia 20004
(202) 344-4943
(202) 344-8300 (fax)
http://www.venable.com

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Episode 7.

Tue, 17 Oct 2006 01:42:00 GMT

This month on CIiCU, Stephen Edwards, Esq. joined us as our guest. Here are this month's topics:

--Zopa Update (Peer to Peer Lending).            (3:40)

--Disclosures, Memory and the ADA.            (11:13)

--Reg. CC holds: compliance pitfalls.            (14:43)

--Tips on Truth in Lending advertising compliance.        (23:29)

--Nonmember services and lending.                (31:29)

--How will the online gambling ban affect credit unions?    (36:40)

--Reg E changes to payroll cards.                (40:30)

--Paid tuition plans for employees.                (47:15)

--Fair Lending: compliance tips.                (51:05)

--Minor accounts: developing business with young people.    (55:07)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Gwen Baker
Of Counsel
Venable LLP
575 7th Street, NW
Washington, District of Columbia 20004
(202) 344-4943
(202) 344-8300 (fax)
http://www.venable.com

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Episode 6

Fri, 22 Sep 2006 00:55:00 GMT

This month on CIiCU, David A. Reed, Vice President and General Counsel for Apple Federal Credit Union in Fairfax Virginia joined us as our guest. Here are this month's topics:

Tellers gone bad: What do you do when you have a teller with a seriously short drawer or an employee who embezzles? (00.50)

Government subsidized lending: how can credit unions make money through small business loans, student loans and other government programs? (15:24)

CUSO governance: who should be on the board and who should manage your CUSOs. (27:43)

Selling identity theft protection to your members. What's available and does it offer your members value? (32:53)

The Moorish National Birthright Name and other popular tax scams: how to avoid them. (41:59)

Managing On Us checks. (50:21)

Tips on drafting suspicious activity report narratives. (55:04)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Gwen Baker
Of Counsel
Venable LLP
575 7th Street, NW
Washington, District of Columbia 20004
(202) 344-4943
(202) 344-8300 (fax)
http://www.venable.com

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Episode 5.

Wed, 30 Aug 2006 00:11:00 GMT

This month on CIiCU, Trey Reeme from Trabian and the Open Source CU blog joined us as our guest (http://www.opensourcecu.com). Here are this month's topics:

1. Should a board of directors skip the approval of a credit union's financials? How does this affect a director's protection under the Business Judgment Rule? (01:22)

2. Ways a credit union can improve its bottom line. (07:00)

3. Credit unions frequently have questions as to how to deal with member accounts when the member dies. What are some tips for credit unions to remember when dealing with the death of a member? (17:42)

4. Google bombing and internet libel: how should a credit union handle these attacks from a marketing and legal perspective. (23:39)

5. Members with trust accounts: quick tips for credit unions. (40:25)

6. Handling Powers of Attorney: issues and answers. (45:17)

7. Subpoenas and child support orders: when to respond, when to ignore. (49:18)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Gwen Baker
Of Counsel
Venable LLP
575 7th Street, NW
Washington, District of Columbia 20004
(202) 344-4943
(202) 344-8300 (fax)
http://www.venable.com

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Episode 4.

Mon, 31 Jul 2006 20:55:00 GMT

This month on CIiCU, Gigi Hyland, Board Member of the National Credit Union Administration and Gary Kohn, Senior Policy Advisor of the NCUA joined us as our guests. Here are this month's topics:

CUNA has recently asked the NCUA for more guidance on filing SAR reports. Informally speaking, when should a credit union NOT file a SAR? (00:56)
Keeping with the BSA topics, how are credit unions handling the requirement to monitor structured transactions? Should credit unions invest in software to do this? What else should credit unions be aware of with respect to structured transactions and other CTR and SAR events? (13:26)
Should more credit unions be looking at TIPs to expand their fields of membership? (22:27)
Discussion of: "We have met the enemy and it is us." (Guy Messick's recent article in Credit Union Times). (28:10)
What are the major future legal challenges that credit unions may face in the next five to ten years? (34:26)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Gwen Baker
Of Counsel
Venable LLP
575 7th Street, NW
Washington, District of Columbia 20004
(202) 344-4943
(202) 344-8300 (fax)
http://www.venable.com

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

CIiCU Promo

Tue, 25 Jul 2006 00:48:00 GMT

This week on CIiCU, Gigi Hyland, Board Member of the NCUA and Gary Kohn, Senior Policy Advisor of the NCUA will join us as our guests. Our proposed topics include:

CUNA has recently asked the NCUA for more guidance on filing SAR reports. Informally speaking, when should a credit union NOT file a SAR?
Keeping with the BSA topics, how are credit unions handling the requirement to monitor structured transactions? Should credit unions invest in software to do this? What else should credit unions be aware of with respect to structured transactions and other CTR and SAR events?
Should more credit unions be looking at TIPs to expand their fields of membership?
Discussion of: "We have met the enemy and it is us." (Guy Messick's recent article in Credit Union Times).
What are the major future legal challenges that credit unions may face in the next five to ten years?

We're recording this month's episode on Monday, July 31, 2006. Look for the show that evening. Thanks for listening!

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Current Issues in Credit Unions Episode 3

Wed, 21 Jun 2006 02:02:00 GMT

(00:52) 1. FFIEC multi-factor authentication compliance.
(07:37) 2. "Member Authentication" for phone based transactions.
(11:18) 3. Unlawful Credit Denials under ECOA/FCRA - FDIC Financial Institution Letter 22-2006.
(15:30) 4. Compliance for Skip Payment Programs.
(20:43) 5. Financial Institutions Inability to Recover Expenses Arising from Data Breach Banknorth v. BJ's Wholesale Club.
(28:03) 6. FACTA Update- Proposed Rules for Identity Theft Red Flags (Â 114) and Address Discrepancies (Â 315).
(33:54) 7. When a payday lender calls to verify funds or represent a check, what should a credit union do?
(38:15) 8. Creative CEO compensation: what's out there for the manger besides just a paycheck?
(44:58) 9. FCU Bylaws - Corporate Governance Stuck in Last Millenium?
(52:11) 10. What do credit unions need to be careful with regarding Reg. D account transfer rules?

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Gwen Baker
Of Counsel
Venable LLP
575 7th Street, NW
Washington, District of Columbia 20004
(202) 344-4943
(202) 344-8300 (fax)
http://www.venable.com

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.weltman.com

Current Issues in Credit Unions Episode 2.

Fri, 26 May 2006 00:48:00 GMT

In this episode of Current Issues in Credit Unions, we discuss:

--New regulatory guidance on non-traditional real estate lending products.
--Tracking non-member information as part of your BSA policy.
--Down and dirty disaster recovery policy tips.
--Credit Unions v. Payday Lenders: OH and NC developments.
--Credit Union issues with Open-End Automobile Lending.
--(listener question) P2P lending, legal issues arising with credit unions who choose to blog with their members
--(listener question) Is use of two-factor authentication a choice that can be made by the member, or something that - once implemented - is required for use of online services.
--Tips and Traps in Loan Participation Agreements.

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Gwen Baker
Of Counsel
Venable LLP
575 7th Street, NW
Washington, District of Columbia 20004
(202) 344-4943
(202) 344-8300 (fax)
http://www.venable.com

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.weltman.com

Current Issues in Credit Unions Episode 1.

Tue, 25 Apr 2006 23:03:00 GMT

Current Issues in Credit Unions is a podcast about credit unions and the issues they face daily. CIiCU is hosted by attorneys who work in the credit union movement. In this episode of Current Issues in Credit Unions, we discuss:

-Courtesy Pay, where are we now?
-CUSO taxation updates.
-Selling Repossessed vehicles on Ebay
-Tips to avoid trouble in CU mergers.
-CU Board Governance Best Practices
-Dealing with difficult members
-Dangers of Collateral Protection Insurance

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Gwen Baker
Of Counsel
Venable LLP
575 7th Street, NW
Washington, District of Columbia 20004
(202) 344-4943
(202) 344-8300 (fax)
http://www.venable.com

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.weltman.com