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BSA Training for Volunteers

March 10th, 2018 9:00 AM – 12:00 PM


BSA for Volunteers
March 10, 2018
9:00 am – 12:00 pm

Session Overview
Bank Secrecy Act (BSA) compliance remains high on the examiner's list for all credit unions, so credit union volunteers need to be familiar with BSA requirements. André Lucas, Compliance Director for the MD|DC Credit Union Association, will present BSA training for Volunteers on Saturday, March 10, 2018.

During this session, credit union volunteers will:

  • Understand the importance of the BSA risk assessment
  • Discuss various emerging money laundering risks
  • Learn BSA reporting requirements, record-keeping requirements and written program requirements
  • Learn what is required in the Customer Identification Program (CIP)
  • Understand Currency Transaction Reports (CTRs), Suspicious Activity Reports (SARs) and what staff must do to comply with reporting requirements
  • Review three stages of money laundering, and red flags
  • Understand why the BSA is important to the credit union and its regulators
  • Understand the role of the board in providing oversight, and assuring compliance

Session Agenda
8:30 am to 9:00 am - Signing in, networking, breakfast
9:00 am to 12:00 pm - Training 

Who Should Attend
Credit union volunteers with a need for BSA training. 

About Your Speaker
Andre Lucas
Director of Compliance, MD|DC Credit Union Association

André Lucas is Director of Compliance at the Maryland & District of Columbia Credit Union Association. André began his career in the financial industry as a Loan Officer/Collector with American Finance Company in 1977. Spending a large portion of his workweek collecting in the field, André quickly became recognized for his strong ability to collect face-to-face and recover collateral. André began his credit union career as a Collection Officer with Pentagon Federal Credit Union in January 1984.

In July 1986, he accepted the position of Collections Manager with CommonWealth One Federal Credit Union (formerly AMC FCU) in Alexandria, Virginia. During his twenty years there, André was one of the first elected officers for the Capital Area Collection Managers Roundtable Group, serving as the first Chairman from 1995 through 1998, Vice Chairman in 2000, and again as the Chairman in 2001 and 2002. His involvement with the roundtable also led him to Chair the committee that provides assistance and collections training to small credit unions. André’s current responsibilities include an active involvement in consulting with affiliated credit unions on operational issues, policies and procedure development, and federal and state compliance issues. André also provides training in the areas of Bank Secrecy Act (BSA) and Collections, and conducts on-site BSA testing/reviews for affiliated credit unions. Originally from Washington, DC, Andre holds CUNA's Certified Credit Union Compliance Expert (CUCE) and BSA Compliance Specialist (BSACS) designations.

Session Fees
$180 for credit unions with >$50M in assets
$90 for credit unions with <$50M in assets
$45 for credit unions with <$10M in assets

Tuition Reimbursement
Maryland and D.C.-based credit unions with up to $150 million in assets may be eligible for up to 75% educational reimbursement from the Credit Union Foundation of MD & DC.

MD|DC Credit Union Association
8975 Guilford Road
Suite 190
Columbia, MD 21046

Event Info


March 10th, 2018 9:00 AM – 12:00 PM


MD|DC Credit Union Association
8975 Guilford Road
Suite 190
Columbia, MD 21046


Phone: 443-325-0772

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