RegTraC Level 2 Compliance Training Kit (Modules 1-6)

Designed to meet the needs of staff directly responsible for credit union compliance and anyone interested in the specific requirements of the regulations.

Compliance Training Kit includes:

Deposit Account Regulations (Module 1)

• Reg CC - Expedited Funds Availability and Collection of Checks
• Reg D - Reserve Requirements
• Truth in Savings - NCUA Part 707
• Reg E - Electronic Fund Transfers
• Reg J and UCC Article 4A
• UCC Articles 3 & 4 - Law of Checking Accounts

General Operations Regulations (Module 2)

• Bank Secrecy Act
• OFAC - Office of Foreign Assets COntrol
• Right to Financial Privacy Act
• Bank Bribery Act
• IRS Information Reporting and Withholding Requirements
• ESIGN - Electronic Signatures in Global and National Commerce Act
• NCUA Privacy Regulation

Consumer Lending Regulations (Module 3)

• UCC Article 9
• Fair Debt Collection Practices Act
• Business Lending Regulations
• Fair Credit Reporting Act
• NCUA Lending Regulations
• Reg B - Equal Credit Opportunity Act
• Servicemembers' Civil Relief Act
• Reg Z - Truth in Lending

Mortgage Lending Regulations (Module 4)

• Flood Disaster Protection Act
• Homeowner's Protection Act
• RESPA - Real Estate Settlement Procedures Act
• Reg C - Home Mortgage Disclosure Act
• Fair Housing Act
• Secondary Mortgage Markets

NCUA Requirements and Guidance (Module 5)

• NCUA Overview
• Federal Share Insurance Rules
• Management Issues
• Field of Membership Rules
• Supervisory Committee Duties
• CUSOs

Successful Compliance Program Management (Module 6)

• Implementing a Compliance Program
• Conducting Compliance Audits
• Preparing for an NCUA Exam
• Compliance Resources
• Compliance Tools
• Required Signs and Posters
• Required Compliance Training

Please note: Each module comes in a three ring binder along with one scannable answer sheet per module. Students who successfully complete all five proctored module exams receive the Compliance Expert Certificate and earn the designation of Credit Union Compliance Expert (CUCE).