This month on CIiCU, Faith Anderson, General Counsel of American Airlines Credit Union joined us as our guest.  Here are the topics for Episode 8:

--How do the electronic check conversion regulations effective on 1/1/07 affect credit unions?  (2:01)
--Tips for credit unions handling wire transfers.  (5:52)
--Advantages (and challenges) to using a CUSO to form a title insurance and escrow company.  (9:11)
--Are non-traditional mortgages good for your members?  (13:49)
--Listener Question:  how do you handle member debit/credit card liability issues when a member uses a pin number in the transaction?  (21:35)
--Credit union liability in elder abuse claims where there are allegations that the credit union could have stopped fraud against the elderly member.  (38:52)
--Can credit unions “fee outâ€? accounts or close accounts for inactivity?  (43:53)
--Business accounts:  tips and traps.  (49:22)
--Collecting your delinquent courtesy pay/ overdraft protection accounts (54:43)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Gwen Baker
Of Counsel
Venable LLP
575 7th Street, NW
Washington, District of Columbia 20004
(202) 344-4943
(202) 344-8300 (fax)
http://www.venable.com

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

This month on CIiCU, Stephen Edwards, Esq.  joined us as our guest.  Here are this month's topics:

--Zopa Update (Peer to Peer Lending).            (3:40)

--Disclosures, Memory and the ADA.            (11:13)

--Reg.  CC holds:  compliance pitfalls.            (14:43)

--Tips on Truth in Lending advertising compliance.        (23:29)

--Nonmember services and lending.                (31:29)

--How will the online gambling ban affect credit unions?    (36:40)

--Reg E changes to payroll cards.                (40:30)

--Paid tuition plans for employees.                (47:15)

--Fair Lending:  compliance tips.                (51:05)

--Minor accounts:  developing business with young people.    (55:07)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Gwen Baker
Of Counsel
Venable LLP
575 7th Street, NW
Washington, District of Columbia 20004
(202) 344-4943
(202) 344-8300 (fax)
http://www.venable.com

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

This month on CIiCU, David A. Reed, Vice President and General Counsel for Apple Federal Credit Union in Fairfax Virginia joined us as our guest.  Here are this month's topics:

Tellers gone bad:  What do you do when you have a teller with a seriously short drawer or an employee who embezzles?  (00.50)

Government subsidized lending:  how can credit unions make money through small business loans, student loans and other government programs?  (15:24)

CUSO governance:  who should be on the board and who should manage your CUSOs.  (27:43)

Selling identity theft protection to your members.  What's available and does it offer your members value?  (32:53)

The Moorish National Birthright Name and other popular tax scams:  how to avoid them.  (41:59)

Managing On Us checks.  (50:21)

Tips on drafting suspicious activity report narratives.  (55:04)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Gwen Baker
Of Counsel
Venable LLP
575 7th Street, NW
Washington, District of Columbia 20004
(202) 344-4943
(202) 344-8300 (fax)
http://www.venable.com

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

This month on CIiCU, Trey Reeme from Trabian and the Open Source CU blog  joined us as our guest (http://www.opensourcecu.com).  Here are this month's topics:

1.  Should a board of directors skip the approval of a credit union's financials?  How does this affect a director's protection under the Business Judgment Rule?  (01:22)

2.  Ways a credit union can improve its bottom line.  (07:00)

3.  Credit unions frequently have questions as to how to deal with member accounts when the member dies.  What are some tips for credit unions to remember when dealing with the death of a member?  (17:42)

4.  Google bombing and internet libel:  how should a credit union handle these attacks from a marketing and legal perspective.  (23:39)

5.  Members with trust accounts:  quick tips for credit unions.  (40:25)

6.  Handling Powers of Attorney:  issues and answers.  (45:17)

7.  Subpoenas and child support orders:  when to respond, when to ignore.  (49:18)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Gwen Baker
Of Counsel
Venable LLP
575 7th Street, NW
Washington, District of Columbia 20004
(202) 344-4943
(202) 344-8300 (fax)
http://www.venable.com

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

This month on CIiCU, Gigi Hyland, Board Member of the National Credit Union Administration and Gary Kohn, Senior Policy Advisor of the NCUA joined us as our guests.  Here are this month's topics:

1. CUNA has recently asked the NCUA for more guidance on filing SAR reports.  Informally speaking, when should a credit union NOT file a SAR?  (00:56)
2. Keeping with the BSA topics, how are credit unions handling the requirement to monitor structured transactions?  Should credit unions invest in software to do this?  What else should credit unions be aware of with respect to structured transactions and other CTR and SAR events?  (13:26)
3. Should more credit unions be looking at TIPs to expand their fields of membership?  (22:27)
4. Discussion of:  "We have met the enemy and it is us."  (Guy Messick's recent article in Credit Union Times).  (28:10)
5. What are the major future legal challenges that credit unions may face in the next five to ten years?  (34:26)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Gwen Baker
Of Counsel
Venable LLP
575 7th Street, NW
Washington, District of Columbia 20004
(202) 344-4943
(202) 344-8300 (fax)
http://www.venable.com

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

This week on CIiCU, Gigi Hyland, Board Member of the NCUA and Gary Kohn, Senior Policy Advisor of the NCUA will join us as our guests.  Our proposed topics include:

1. CUNA has recently asked the NCUA for more guidance on filing SAR reports.  Informally speaking, when should a credit union NOT file a SAR?
2. Keeping with the BSA topics, how are credit unions handling the requirement to monitor structured transactions?  Should credit unions invest in software to do this?  What else should credit unions be aware of with respect to structured transactions and other CTR and SAR events?
3. Should more credit unions be looking at TIPs to expand their fields of membership?
4. Discussion of:  "We have met the enemy and it is us."  (Guy Messick's recent article in Credit Union Times).
5. What are the major future legal challenges that credit unions may face in the next five to ten years?

We're recording this month's episode on Monday, July 31, 2006.  Look for the show that evening.  Thanks for listening!

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

(00:52) 1.  FFIEC multi-factor authentication compliance.
(07:37) 2.  "Member Authentication" for phone based transactions.
(11:18) 3.  Unlawful Credit Denials under ECOA/FCRA - FDIC Financial Institution Letter 22-2006.
(15:30) 4.  Compliance for Skip Payment Programs.
(20:43) 5.  Financial Institutions Inability to Recover Expenses Arising from Data Breach Banknorth v. BJ's Wholesale Club.
(28:03) 6.  FACTA Update- Proposed Rules for Identity Theft Red Flags (§ 114) and Address Discrepancies (§ 315).
(33:54) 7.  When a payday lender calls to verify funds or represent a check, what should a credit union do?
(38:15) 8.  Creative CEO compensation:  what's out there for the manger besides just a paycheck?
(44:58) 9.  FCU Bylaws - Corporate Governance Stuck in Last Millenium?
(52:11) 10. What do credit unions need to be careful with regarding Reg. D account transfer rules?

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Gwen Baker
Of Counsel
Venable LLP
575 7th Street, NW
Washington, District of Columbia 20004
(202) 344-4943
(202) 344-8300 (fax)
http://www.venable.com

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.weltman.com

In this episode of Current Issues in Credit Unions, we discuss:

--New regulatory guidance on non-traditional real estate lending products.
--Tracking non-member information as part of your BSA policy.
--Down and dirty disaster recovery policy tips.
--Credit Unions v. Payday Lenders:  OH and NC developments.
--Credit Union issues with Open-End Automobile Lending.
--(listener question) P2P lending, legal issues arising with credit unions who choose to blog with their members
--(listener question) Is use of two-factor authentication a choice that can be made by the member, or something that - once implemented - is required for use of online services.
--Tips and Traps in Loan Participation Agreements.

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Gwen Baker
Of Counsel
Venable LLP
575 7th Street, NW
Washington, District of Columbia 20004
(202) 344-4943
(202) 344-8300 (fax)
http://www.venable.com

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.weltman.com

Current Issues in Credit Unions is a podcast about credit unions and the issues they face daily.  CIiCU is hosted by attorneys who work in the credit union movement.  In this episode of Current Issues in Credit Unions, we discuss:

-Courtesy Pay, where are we now?
-CUSO taxation updates.
-Selling Repossessed vehicles on Ebay
-Tips to avoid trouble in CU mergers.
-CU Board Governance Best Practices
-Dealing with difficult members
-Dangers of Collateral Protection Insurance

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Gwen Baker
Of Counsel
Venable LLP
575 7th Street, NW
Washington, District of Columbia 20004
(202) 344-4943
(202) 344-8300 (fax)
http://www.venable.com

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.weltman.com