This talk on fraud in credit unions provides a practical, up-to-date look at how fraudsters operate and how credit unions can protect members and assets. The presenter will cover common schemes (embezzlement, check and ACH fraud, phishing and social engineering, corporate account takeover, insider threats), red flags to watch for, and how fraud evolves with technology. Attendees will gain actionable insights into prevention, detection, and response, plus steps to strengthen controls, governance, and regulatory compliance with guidance from NCUA and related authorities. The session will include real-world case studies, risk assessment methods, and recommended policies, training, and incident response plans.
Key topics:
- Common fraud schemes affecting credit unions and their modus operandi
- Internal controls, separation of duties, and governance best practices
- Fraud detection techniques: data analytics, anomaly detection, and monitoring
- Employee and member education to reduce risk
- Incident response, reporting requirements, and regulatory considerations (e.g., NCUA)
- Case studies and practical takeaways for strengthening security posture
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Strategic Scenario Planning in Uncertain Times: Because Nostradamus Retired EarlyIf you’re serving on a credit union board, congratulations. You’re a volunteer who willingly signed up to guide an institution in a world that looks like a badly written dystopian novel. Pandemics, inflation, talent shortages, tech disruption, AI deciding it wants your job—these are the plot twists. And, spoiler alert, you don’t get to close the book and walk away.That’s why “strategic scenario planning” has become the new hot buzzword in board governance circles. Don’t worry: this isn’t another corporate fad, like “synergizing our holistic mindfulness KPIs.” Scenario planning is simply what happens when you admit you don’t actually know what the future holds (and yes, your strategic plan still pretends otherwise). It’s about creating structured “what ifs” so that when life happens—and it will—you’re not left blinking into the boardroom’s fluorescent lights saying, “Well, nobody could’ve seen this coming.”
