Compliance is a fun gig, because it touches nearly every aspectof a credit union. For example, training is a topic that comes upquite a bit. Credit unions understand that they need to train theiremployees and officials. But how much? What topics? What format?When those questions come up, credit unions tap their complianceofficers for help.

Unfortunately, we compliance peeps often serve up the usualanswer. It depends. Like it or not, that's usually thebest answer out there.

What topics? What training topics must youinclude in your training? Some are easier than others, such as BSA,which has a cleartraining requirement. Another clear example is the need for "Red Flags" training. But did you know that themost recent version of NCUA's model bylaws address training,indicating that a credit union's board must establish a policy toaddress training for newly elected and incumbent directors andvolunteer officials, in areas such as ethics and fiduciaryresponsibility, regulatory

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