NCUA Board Member Deborah Matz will deliver the keynote address at the 2003 MACU Management Conference for Smaller Credit Unions. Matz will discuss the effect credit union legislative and regulatory issues will have on smaller institutions. The meeting is scheduled for Feb. 11 at the Hyatt Regency Oak Brook (Ill.) Hotel. For info: 630-548-5500.
The news media investigation of transactions by nefarious actors puts certain large banks in a negative light, but it also points to inefficient use of suspicious activity reports and other anti-money-laundering issues that the industry has decried for years.