CT Directors College
Rocky Hill, CT

2016 Connecticut Directors College 

Thursday, December 8, 2016
8:30 a.m. – 3:30 p.m.
Sheraton Hartford South Hotel
100 Capital Boulevard 
Rocky Hill, CT


                   8:30 a.m.          Registration Open

                  9:00 a.m.           Opening Remarks 
                                           Jorge L. Perez, Banking Commissioner
                                           Jill Nowacki, President and CEO, CT Credit Union League

                 9:15 a.m.            NASCUS Update
                                           Lucy Ito, NASCUS President and CEO

                  9:45 a.m.          NCUA Update
                                          Chairman Rick Metsger 
                                          Opportunity to hear directly from the NCUA Chairman his view from the chairman's 
                                              position, 2017 NCUA initiatives, and engage in an open dialogue session

                10:45 p.m.           Morning Break

                11:00 a.m.           Fraud Risk and Landscape
                                               Det. Mark Solomon, Greenwich, CT Police Department Financial Crimes Task Force
                                           Learn about the latest scams impacting credit unions and their members, what steps can be                              
                                           taken to combat fraud and safeguard credit union assets

                12:00 p.m.           Networking Lunch

                12:45 p.m.           How to Skin a Cat
                                              Todd Prout, Banking Department Manager, State of CT, Dept. of Banking
                                           Session will focus on Cybersecurity and the Cybersecuirty Assessment Tool (CAT).      
Presentation will provide insight into regulators expectations of credit unions in the           
                                           implementation of a cybersecurity assessment, as well as what the Board of Directors
                                           can expect from regulators regarding cybersecurity during the examination, at the Board
                                           meeting and in the Report of Examination


                1:30 p.m.            The Important Role of The Supervisory Committee
                                           Brian Knight, Executive Vice President and General Counsel                                         
                                           Understanding the important role of the Supervisory Committee, an overview of the 
                                           Board of Directors Fiduciary Duties and obligations under the CT state statutes and NCUA
                                           Regulations, and a general overview of resources available


                2:15 p.m.             Afternoon Break

                2:30 p.m.             The Changing Allowance Account: Adapting To CECL, Or Not
                                               Rick Huff, Principal, Clifton Larson Allen LLP

               3:15 p.m.              Open Forum                         

               3:30 p.m.              Adjournment         

December 8


Sheraton Hartford South Hotel
100 Capital Boulevard
Rocky Hill, CT 06067