With a new administration and the recently passed Anti-Money Laundering Act of 2020, credit unions are preparing for new Bank Security Act and Anti-Money Laundering (BSA/AML) developments. To anticipate that need for credit unions, CUNA announces CUNA BSA/AML Certification eSchool with NASCUS set to begin July 16, 2021.

“The information given is most valuable and up to date with all new changes,” said past attendee Lauren James, BSA specialist at Community Financial CU. “Definitely a game changer.”

“The fact is, examiners expect BSA officers to be certified. Therefore, this training is both timely and essential. But more than that, this training educates compliance professionals to support their efforts to protect the credit union and its members from fraud and other crimes,” said Melisa Kallestad, director of compliance education for CUNA. “These regulations help protect members from human traffickers and those who financial exploit elders. They also protect against a wide range of fraud from ID theft to romance scams and cyber-crimes.”

New for 2021, the program begins in July and runs through mid-December. The enhanced slate of classes will culminate with an opportunity to earn or recertify the Bank Secrecy Act Compliance Specialist (BSACS) designation. This eSchool is the only offering on the 2021 CUNA calendar that offers BSACS certification/recertification.

The curriculum has expanded content for beginners, advanced practitioners and even those ready to explore emerging BSA challenges. To view the schedule and register, visit cuna.org/bsa.