Bank Secrecy Act (BSA) compliance remains a top priority for examiners, making it essential for credit union board members, supervisory committee members, and staff to understand their responsibilities. While not every role is expected to be experts in every aspect of BSA/AML compliance, they must be well-informed to effectively oversee and support their institution's compliance program. Regulatory guidance emphasizes that knowledgeable and engaged leadership is critical to maintaining a strong and compliant program.

This training session provides a comprehensive yet practical overview of BSA requirements, focusing on key responsibilities such as policy oversight, risk assessment, ongoing training, and Suspicious Activity Report (SAR) filings. Participants will gain the knowledge needed to ensure their credit union remains compliant while reinforcing a culture of diligence in preventing financial crimes.