BSA Training for Volunteers Register Now!

On Saturday, March 9, 2019, from 9:00 am - 12:00 pm at the MD|DC Credit Union Association BSA Training for volunteers will be hosted by Andre Lucas, Director of Compliance at the MD|DC CUA.


Bank Secrecy Act (BSA) compliance remains high on the examiner's list for all credit unions, so credit union volunteers need to be familiar with BSA requirements. 

During this session, credit union volunteers will:
Understand the importance of the BSA risk assessment
Discuss various emerging money laundering risks
Learn BSA reporting requirements, record-keeping requirements and written program requirements
Learn what is required in the Customer Identification Program (CIP)
Understand Currency Transaction Reports (CTRs), Suspicious Activity Reports (SARs) and what staff must do to comply with reporting requirements
Review three stages of money laundering, and red flags
Understand why the BSA is important to the credit union and its regulators
Understand the role of the board in providing oversight, and assuring compliance

March 9, 2019 | 9:00 am to 12:00 pm
 MD|DC Credit Union Association
8975 Guilford Road, Suite 190
Columbia, MD 21046