EVENT:
Responding to Supoenas, Garnishes & Levis (Session Code: 637)
The importance of protecting your member’s privacy and money can never be overstated. Consider how much time and effort is spent on training, technology and communication about privacy alone. And money? Ever hear from a member after a mistaken fee was assessed? Your members take these matters very seriously and they expect the Credit Union to do the same. So how do you respond if you are asked to reveal private information or hand over your member’s funds to someone else?
Given the fact that credit unions are tasked with safeguarding the privacy of member information and money, any exception to these duties must be handled carefully. Almost every applicable law, rule and regulation requires us to maintain the confidentiality of all member data and safe guard their property, but there are specific exceptions for subpoenas, garnishments and levies. To make matters worse, if you fail to properly respond there could be penalties placed against the Credit Union and its staff!
Illinois Pricing:
Affiliate: $ 100.00
Non-Affiliate: $200.00
Out of State Pricing:
Regular: $ 150.00
Contact: Greg Framarin (Illinois Credit Union League)
Phone: 630-983-3420
Fax: 630-983-3212
Email: gregory.framarin@ilcusys.org