Adventurer Jamie Clarke, a keynote speaker, talked about reaching the summit of Mount Everest and crossing the Arabian desert. Clarke related the importance of overcoming the fear of rejection as a major factor in the process of reaching your goals. He suggests that everyone face and conquer the internal battle of self-awareness so that they can become a supportive member of any team that faces challenges together.
Once the Financial Crimes Enforcement Network’s new customer due diligence rule becomes effective May 11, 2018, credit unions will be required to identify and verify the beneficial owners of business-type accounts.
CUNA continued its efforts for clarifications, including asking for credit card guidance, on the changes to the Military Lending Act Thursday. Many changes became effective last October, and credit card provisions will take effect Oct. 3.
The 2017 CUNA GAC kicks off Feb. 26, registration starts Sunday and leads into that evening’s ED (Filene) Talk, and continues Monday with the kickoff of the general session and a number of breakout sessions.