National Credit Union Supervisory Committee Conference

January 15 - 19, 2025 | The Royal Sonesta San Juan |
| San Juan, Puerto Rico |

Join credit union supervisory committee members, internal auditors, CEOs, board of directors, senior management & other credit union leaders from across the country as we explore the risks and liabilities credit unions face on a daily basis and the safeguards needed to protect your credit union and its members.

Earn up to 12.8 CPE credits when attending the conference and PreConference

Registration & Hotel Information

Conference Registration

We offer an excellent educational return on your conference investment. Register early for the best conference rates!

Guest Program

Our guest program enables your registered guest(s) to join you during the following conference events: ($269 additional per guest)

Hotel Reservation

Book your room online or call the Royal Sonesta San Juan at (787) 791-6100. Press 0, then mention CU Conferences' 2025 to receive special rates starting at $359*. 

*Mandatory Porterage Fees are $5.50 per person/roundtrip. Room/Maid attendant is $2.00 per person, per day.

Rates are based on availability. If you are unable to book a room, call CU Conferences at 888-465-6010 for assistance.

Airport and Ground Transportation

The San Juan International Airport (SJU) are about 10 minutes from the Royal Sonesta San Juan.

Taxi is approx. $25 from the airport to the hotel

**All rates listed are subject to change and are estimates. Please check rates with the ground transportation taxi and shuttle booth prior to departure.

Weather

The weather in San Juan during the month of January is downright nice. You can expect the highs to be about 85 degrees and the lows to be around 60 degrees. 

Speaker Information

Erica Carlson
Principal, CliftonLarsonAllen

Sundeep Kapur
Founder, Digital Credence

Barry Lynch

Senior Compliance Officer, Co-Founder/CEO

Waypoint Advisory Services, Inc.


Tim Neiman
CEO, Dynamic Edge

Mike Robins
COO, Dynamic Edge

Wayne Watters
Denver Regional Manager,
Waypoint Security Advisors, Inc.

Conference Agenda

Schedule subject to change.
Registered guests are welcome during these (GP) credit union conference events.
Earn 12.8 CPE credits while attending the PreConference and Conference. 9.8 CPE credits for conference only

Wednesday, January 15, 2025 - Optional PreConference

($299 additional)

PreConference Session:

Financial Literacy for Supervisory Committee Members & Directors
Presented By: Wayne Watters, Denver Regional Manager, Waypoint Security Advisors, Inc.


Since the passing of NCUA’s final rules 701.4, General Authorities and Duties of Federal Credit Union Directors, it is expected that the overall financial knowledge of your credit union’s supervisory committee members and board of directors has increased.

 

As a result of its passing, many directors took a one-time online course to satisfy the regulation, but can you say your basic understanding of your credit union was enhanced? With interest rates in flux and earnings being squeezed, we have entered a period where the accountability for operating results falls on directors and supervisory committee members. Yet many do not understand the effects of interest rate risk to the balance sheet.

 

As a reminder, the rule specifically states:

“Each director has the duty to…have at least a working familiarity with basic finance and accounting practices, including the ability to read and understand the credit union’s balance sheet and income statement and to ask, as appropriate, substantive questions of management and the internal and external auditors …

 

During this preconference, we will go well beyond the basics by attempting to develop a deeper understanding of your credit union’s financial performance. Each participant will have an opportunity to review their own, credit union-specific, set of Financial Performance Reports (FPRs and calculate certain key ratios.

 

Certificate of Completion will be delivered after the conference

11:30 a.m. - 1:00 p.m.

PreConference Registration

(Those attending the main conference are welcome to register at this time as well)

1:00 – 1:15 p.m.

Opening Remarks

1:15 – 2:30 p.m. 

PreConference Topic TBD

2:30– 2:45 p.m. 

Networking and Refreshment Break

2:45 – 4:00 p.m.

PreConference Topic TBD

4:00 - 4:15 p.m.

PreConference Wrap Up

Wednesday Evening, January 15, 2025
Supervisory Committee Conference Begins

4:00 - 5:00 p.m.

Conference Registration

5:00 – 6:00 p.m. (GP)

Welcome Reception

Join us for cocktails, light dining, and great conversation. Registered guests are welcome to attend.


CU Conferences is grateful for the support of its sponsor, PARC Street Partners, and would like to thank them for sponsoring the reception. 

Thursday, January 16, 2025
Supervisory Committee Conference Begins

8:00 – 9:00 a.m. (GP)

Breakfast

Join us for a hearty breakfast. Registered guests are welcome to attend.

9:00 – 9:15 a.m.

Opening Remarks

9:15 – 10:15 a.m. 

Bank Secrecy Act (BSA) and Anti Money Laundering (AML) for Supervisory Committee Members and Board Members

Wayne Watters
Denver Regional Manager
Waypoint Security Advisors, Inc.


10:15 – 10:25 a.m. 

Credit Union Compensation Philosophy & Retaining Key Executives

PARC Street Partners' Representative

10:25 – 10:40 a.m. 

Networking and Refreshment Break

10:40 – 11:40 a.m. 

New Reg – CECL for Small and Simple Credit Unions – How to Comply Without Going Broke

Barry Lynch
Senior Compliance Officer, Co-Founder/CEO
Waypoint Advisory Services, Inc.


During this session, we will review CECL methodologies, and demonstrate a vintage analysis model designed for small and simple credit unions. This excel-based model can be updated in-house using nothing more than Call Report Data and an AIRES download. Did we mention the model is available for free?           

 11:45a.m. – 12:45p.m.

Fight Fraud with Zero Trust


Mike Robins

COO

Dynamic Edge


Tim Neiman

CEO

Dynamic Edge


According to the Association for Certified Fraud Examiners, internal control weaknesses are responsible for nearly half of fraudulent activity. Aggressive cyber terrorists and stale technology policies put your members’ assets and your organization’s reputation at significant risk. A path to zero trust offers hope and opportunity for credit unions. In fact, zero trust not only represents a large technological paradigm shift, but it also offers supervisory committee members a framework for keeping their tech teams aligned with the board. This session will explain how a zero trust security posture will protect your credit union against the ever-evolving range of cyber threats, prepare your credit union for a successful NCUA audit, and protect your members from increasingly creative attempts at insider and external fraud.

12:45 - 1:00 p.m.

Daily Wrap-Up

Friday, January 17, 2025

8:00 – 9:00 a.m. (GP)

Breakfast

Join us for a hearty breakfast. Registered guests are welcome to attend.

9:00 – 9:15 a.m.

Opening Remarks

9:15 – 10:15 a.m. 

TBD

Sundeep Kapur
Founder
Digital Credence

10:15 – 10:30 a.m. 

Networking and Refreshment Break

10:30 – 11:30 a.m.

“How to ‘Pass’ the NCUA Tech Audit (Without Losing Your Mind!)”


Mike Robins

COO

Dynamic Edge


Tim Neiman

CEO

Dynamic Edge


For many credit unions, preparing for the NCUA audit conjures images of stressful supervisory committee meetings, adversarial debates with your technology team, and frustrating conversations regarding a lack of progress on last year’s deficiencies. It doesn’t have to be that way. This session will recommend a practical, proactive approach to your annual audit. It will help you prioritize audit findings, budget proactively based on reasonable project scopes, and demonstrate to auditors that you are making consistent progress with internal controls. Finally, it will empower you not only to “pass” the NCUA test, but more importantly, protect your members’ assets from cyber threats and internal/external fraud.

11:35 – 12:35 p.m.

Is Fraud Really on the Rise? 


Barry Lynch

Senior Compliance Officer, Co-Founder/CEO

Waypoint Advisory Services, Inc.


Typically, fraud and embezzlement cases ebb and flow with the strength of the economy. When we would expect to see historic cases of embezzlement would be during times of high-unemployment and times such as the great recession of 2008, so why the recent uptick in Fraud?

 

During this session, Barry Lynch, former NCUA Examiner and current interim CEO for as many as four (4) credit unions, will walk you through his recent experience with fraud and embezzlement, look at the weaknesses which existed in each case, and how they could have been prevented. In some cases, the key to prevention could have been – yep, you guessed it – The supervisory committee.

12:35 – 12:45 p.m. 

Daily Wrap-Up

Saturday, January 18, 2025

8:00 – 9:00 a.m. (GP)

Breakfast

Join us for a hearty breakfast. Registered guests are welcome to attend.

9:00 – 9:15 a.m.

Opening Remarks

9:15 – 10:15 a.m. 

Topic and Presenter TBD


Erica Carlson

Principal

CliftonLarsonAllen

 10:15 – 10:30 a.m. 

Networking and Refreshment Break

10:30 – 11:30 a.m. 

Topic TBD


Sundeep Kapur
Founder
Digital Credence

11:30 – 11:45 a.m. 

Conference Wrap-Up

Take the Afternoon & Evening to Enjoy the Sites, Sounds & Flavors of San Juan!

Sunday, January 19, 2025

Travel Day. Have a safe trip home!