Education Break-Out Sessions

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Friday, May 17   11:00 a.m. - Noon

Speaker Bios
(Friday sessions)

Aligning Employee Performance & Compensation
Michael Dougal, Director of HR Consulting, HRN Performance Solutions
Practically every credit union leader and/or HR administrator has experienced the challenge of determining and allocating appropriate employee pay adjustments at annual performance review time. Additionally, how does a credit union motivate high performers and at the same time, ensure a fair and equitable compensation program at all levels of the organization? This session is designed to assist credit union leaders who may be wrestling with questions such as:

     • What factors should we use to measure the performance?
     • How does employee and credit union performance relate to compensation?
     • How do we factor in overall credit union performance when evaluating our CEO?
     • How do we determine a fair pay adjustment budget?
     • How do we reward employees when the budget is tight?

What is the New Economic Normal?
Bruce Six, Senior Vice President, Chief Investment Officer, Mid-Atlantic Corporate Federal Credit Union
As the economic crisis fades into the rearview mirror, economists and credit union managers are trying to define “normal” in the new economy. This session will look at where the economy is now versus where it was prior to the upheaval of 2008 and what these numbers can indicate going forward.

Getting A Handle on the Myriad of New Residential Regulations: Round 2 of Dodd-Frank
Paul Schieber, Shareholder, Stevens & Lee
Regulation Z and other mortgage-related regulations are no longer just disclosure rules. As a result of the Dodd-Frank Act, these rules contain substantive provisions that impact underwriting, servicing and collections. This session offers an overview of final and pending mortgage regulations.

How to Organize and Implement a Reality Fair
John Kebles, Program Manager, REAL Solutions
The success of a Reality Fair depends largely on effective organization and coordination. This session will outline the process beginning with conference calls to credit union participants, continuing with school negotiations, budgeting materials and transportation costs, site selection, preparation of student job and budgeting sheets, volunteer recruitment, contacting the media, inviting public officials, and culminating with the dress rehearsal and the Fair itself.

You will learn how satisfying an experience a Reality Fair can be and how this type of event can help you recruit new members to your credit union.

Friday, May 17   2:15 - 3:15 p.m.

Speaker Bios
(Friday sessions)

Seize the Sale: Why and How to Get Started with Merchant Lending
Teresa Clancy and Jill Malczeski, CRIF Select
Providing point-of-sale financing to local retailers can deliver big benefits to credit unions, but in unfamiliar territory dominated by finance companies, it can be difficult to take the leap into merchant lending. In this session, we’ll take a look at the many reasons why your credit union should add merchant lending to your product mix. Find out how you can build a successful program that helps your credit union seize the sale in your community and serve your members along the way.

2014: Healthcare Reform Requirements and Opportunities
Brad Pricer, HR Process Leader, CUNA Mutual Group
2014 is a critical year in regards to Healthcare Reform's compliance requirements and potential opportunities for your credit union. In the wake of the November elections, as well as the Supreme Court decision upholding Health Care Reform, it’s imperative that you stay on top of these requirements. You need to have a well-informed health plan strategy for your employees and take advantage of potential areas that could provide savings or better overall coverage.

The healthcare reform law signed in March 2010 has already profoundly changed how many credit unions administer group benefit plans. However, the most sweeping regulatory changes in the law’s requirements will come in 2014 and beyond. Or, maybe the next legislative cycle will turn the new regulations inside-out. In either case, you need to do more than just react to legislation. You need to understand what’s ahead, what the impact is and how to prepare for it.

State Credit Union Forum
Moderated by Rick Wargo, Executive Vice President/General Counsel, Pennsylvania Credit Union Association
Details coming soon...

Financial Literacy for Board of Directors
Joel Slagan, Director of Audit Services, Pennsylvania Credit Union Association
NCUA established a set of guidelines for federal credit unions to ensure that directors have a base level of financial skills, consistent with the size and complexity of the credit union operation they serve. In addition, NCUA reinforces in its Letter to Credit Unions that directors should have the ability to examine their credit union's balance sheet and understand specific financial activities of the credit union. A board director must understand what a line item is and if it is good or not so good for the credit union.

Financial Literacy for Board of Directors will not only satisfy the above said requirement but will serve as a refresher course for many others. This session will also go over the specific duties of a board director, to include the board of directors appointed supervisory committee duties.

Go to Saturday's Education Break-Out Sessions