news.cuna.org/articles/111425-cuna-to-offer-comprehensive-eschool-on-bsa-compliance

CUNA to offer comprehensive eSchool on BSA compliance

September 10, 2015

FOR IMMEDIATE RELEASE

Contacts: 
Vicki Christner – CUNA Communications; (202) 508-6754; vchristner@cuna.coop
Amy Nigrelli – CUNA Marketing; (608) 231-4246; anigrelli@cuna.coop  

Madison, Wis. (September 10, 2015) – CUNA has announced that it will host CUNA Bank Secrecy Act eSchool starting September 24, 2015. The program will educate participants on Bank Secrecy Act (BSA) compliance practices, trends and issues, allowing them to earn their designation as Bank Secrecy Act Compliance Specialist (BSACS).  

“The prevalence of covert cybercrime and terrorism throughout today’s financial institutions has made anti-money laundering (AML) and Bank Secrecy Act compliance focal points of credit union examinations. Because compliance with the regulation is complex across nearly all internal operations and member transaction types, credit unions need expertise and a comprehensive AML/BSA program,” says Tracy Blaske, Director of Compliance Education, CUNA. “This eSchool makes gaining an actionable understanding of the law straight-forward so professionals can improve BSA practices at their credit unions.”

The eSchool’s blended program combines live and recorded web sessions with self-study activities to prepare participants for the BSACS exam.  

Sessions, led by accomplished BSA experts, will cover a variety of key topics, including:

  • Internal Audit Strategies
  • Enforcement Actions
  • Beneficial Owners and Business Accounts
  • Cash Intensive Businesses  

For more information on the eSchool, visit the CUNA Bank Secrecy Act eSchool webpage.

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About CUNA: 
With its network of affiliated state credit union leagues, Credit Union National Association (CUNA) serves America's credit unions, which are owned by more than 100 million consumer members. Credit unions are not-for-profit cooperatives providing affordable financial services to people from all walks of life. For more information about CUNA, visit www.cuna.org or follow @CUNA on Twitter. For more information about credit unions, visit www.aSmarterChoice.org and follow @asmarterchoice on Twitter. Visit the CUNA Press Room for a full listing of media mentions, press releases and resources to stay informed on current events within the credit union industry.