The latest learning opportunities for CU professionals from the NCUA

The NCUA is offering a range of learning opportunities to credit union professionals in the upcoming weeks.

Empowering Hispanic consumers, communities
In recognition of National Hispanic Heritage Month, the NCUA’s Office of Consumer Financial Protection and Hispanic Employee Resource Group, CULTURA, are hosting a virtual roundtable on Oct. 6, from 1 to 2:15 p.m.

The roundtable, “How Credit Unions Empower Hispanic Consumers and Communities,” will bring together leaders within the credit union industry for a moderated discussion on advancing safe, fair, and affordable financial access and empowering Hispanic consumers, particularly the unbanked or underserved.

Simplified CECL Tool
Credit union professionals can learn more about the recently announced Simplified Current Expected Credit Loss (CECL) Tool in a one-hour live webinar on Wednesday, Oct. 12, at 2 p.m.

The Simplified CECL Tool uses the Weighted Average Remaining Maturity (WARM) methodology to estimate the allowance for credit loss and is designed for the more than 3,000 credit unions with less than $100 million in assets. Larger credit unions can use the tool based on management and auditor discretion.​

NCUA subject-matter experts will provide an overview of the Tool, demonstrate the Tool and answer participants’ questions.

Protect your CU against a ransomware attack
The NCUA is teaming up with the FBI, Treasury Department and the Wisconsin Department of Financial Institutions to host a complimentary webinar to discuss how to protect your credit union and your members against a ransomware attack, which could inflict serious financial damage and pose reputation risk.

Registration for this Oct.13 webinar, “Ransomware in the Financial Sector,” will begin at 2 p.m. on Oct. 13 and last approximately two hours. All the presentations will have real-world examples to illustrate the potential impact of ransomware attacks.

DEI Summit
Credit union professionals can also participate in the NCUA’s third annual DEI summit, set for Nov. 2-4, and explore ways to increase diversity, equity and inclusion. The theme of this year’s event is “All-In on DEI & ACCESS,” with ACCESS representing the agency’s initiative for Advancing Communities through Credit, Education, Stability and Support.

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