CUs can check out these new, complimentary on-demand webinars

Two new, timely complimentary webinars are now available on-demand from the New York Credit Union Association.

Recognizing elder financial exploitation
As elder financial exploitation has flourished during the pandemic, credit union professionals can learn to recognize signs of possible exploitation of their members by participating in the on-demand webinar, “Identifying and Reporting Elder Financial Exploitation: Challenges and Supports.”

The webinar provides participants with insight on when it is ok to report suspicions of fraud and to whom, best practices credit unions should have in place and where those with questions can turn.

Participants will utilize studies as a framework to discuss the challenges of identifying and reporting elder financial exploitation, and resources and strategies for building and maintaining an effective program to protect members from financial fraud will be provided. The link to the on-demand recording and attached session handouts can be accessed on the Association’s website (Association login required).

Marijuana and banking
While New York has officially joined the growing list of states that have legalized the recreational adult use of marijuana, credit unions are well aware that the new law has wide-ranging implications for virtually all New York businesses, and especially the financial services industry, which will be tasked with providing banking services to marijuana businesses despite the federal prohibition on cannabis.

The on-demand webinar, “Banking Marijuana: New York’s Marijuana Regulation & Taxation Act,” focuses on the multitude of issues to consider, even for credit unions that have no desire to get involved with cannabis banking. For credit unions that are interested in serving the marijuana sector, there are even more considerations and nuances to study. And while parts of the Marijuana Regulation & Taxation Act don’t take effect until 2022, others became effective immediately after Gov. Andrew Cuomo signed the legislation.

The link to the on-demand recording and attached session handouts can be accessed on the Association’s website (Association login required).

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