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4. anyone who is seeking to obtain confidential information about ABC Federal Credit Union or any CUSO ; 5. anyone who is attempting to influence or affect any decision or action of ABC Federal Credit Union or any CUSO. B. Guidelines Regarding Certain Permitted Transactions There are many situations in which no harm is done by the acceptance of small gifts or favors - as long as there is no corrupt intent either by the giver or the receiver of the gifts. Personal gifts or favors may therefore by accepted in the circumstances described below, as long as there is no corrupt intent. 1. BUSINESS LUNCHEONS, REFRESHMENTS. Representatives of ABC Federal Credit Union may accept food or refreshments of inconsequential value on infrequent occasions in the ordinary course of business at breakfast, lunch, or dinner or at other meetings, inspections or visits where such representatives are properly in attendance. [Food or refreshments having a value which appears to exceed $75 may not be accepted on such occasions unless such provisions are approved as provided in Paragraph C.] 2. TRAVEL ON CREDIT UNION BUSINESS. Representatives of ABC Federal Credit Union may accept meals, refreshments, travel arrangements or accommodations, or entertainment of reasonable value, in the course of a meeting or other occasion attended in an official capacity, the purpose of which is to hold bona fide business discussions or to foster better business relations, if the expense is such that it would be paid for by ABC Federal Credit Union or any CUSO, as a reasonable business expense if not paid for by another party. [No one may accept any such arrangements having a value which exceeds $100 per day unless they are approved in advance as provided in Paragraph C.] 3. TRADE MEETINGS, PUBLIC CEREMONIES. Representatives of ABC Federal Credit Union may accept modest entertainment, such as a meal or refreshment, in connection with widely attended gatherings sponsored by civic, professional or trade organizations; or in connection with attendance at public ceremonies or other activities where an individual's participation is either unrelated to ABC Federal Credit Union or any CUSO ’, business or the individual is attending in his official capacity as a representative of ABC Federal Credit Union and the entertainment accepted is related to and in keeping with official participation. [Food, entertainment or meals having a value of $75 may not be accepted on occasions related to ABC Federal Credit Union or any CUSO ’, business unless they are approved as provided in Paragraph C.] 4. HOLIDAY SEASON GIFTS. At holiday seasons when gifts are traditionally given, representatives of ABC Federal Credit Union may accept small personal gifts from members and others who do business with ABC Federal Credit Union or Copyright©1994-2010 by Credit Union Resources & Educational Services, LLC. All rights reserved. Revised February 2010 6
any CUSO. [Gifts may not be accepted if their value appears to be more than $75.] 5. GIFTS ON SPECIAL OCCASIONS. Representatives of ABC Federal Credit Union may accept gifts of reasonable value related to commonly recognized events or occasions, such as a promotion, new job, wedding, retirement, etc. [Gifts having a value greater than $75 may not be accepted unless approved as provided in Paragraph C.] 6. PERSONAL RELATIONSHIPS. Representatives of ABC Federal Credit Union may accept gifts or other things of value from friends, parents, children or other relatives where the circumstances make it clear that the motivation for the gift or favor is a personal or family relationship and is unrelated to ABC Federal Credit Union or any CUSO ’ business. 7. CHARITY AND POLITICAL SOLICITATIONS. Representatives of ABC Federal Credit Union may solicit or accept gifts on behalf of charitable institutions or in connection with political campaigns or similar activities when the circumstances make it clear that such solicitations or gifts are unrelated to ABC Federal Credit Union or any CUSO, business. 8. SERVICE AWARDS. Representatives of ABC Federal Credit Union may accept civic, charitable, educational, or religious organizational awards for recognition of service and accomplishment. [Awards having a value greater than $100 may not be accepted unless approved as provided in Paragraph C.] 9. DISCOUNTS AND REBATES. Representatives of ABC Federal Credit Union may accept discounts and rebates on merchandise and services that do not exceed those available to other members of the same providers of such merchandise or services. 10. LOANS FROM OTHER INSTITUTIONS. Representatives of ABC Federal Credit Union may solicit or accept loans from other financial institutions which make loans in the ordinary course of their business on terms available to the general public in order to finance proper and usual activities such as home mortgage loans. 11. ADVERTISING MATERIALS. Representatives of ABC Federal Credit Union may accept unsolicited advertising or promotional material of reasonable value such as pens, pencils, note pads, key chains, calendars and similar. C. Transactions Permitted on a Case-by Case Basis Gifts and things of value may be accepted in circumstances not described above if they are consistent with the bank bribery statute and approved in writing by the Ethics Committee. Requests for approval may be made on a case-by-case basis. Persons Copyright©1994-2010 by Credit Union Resources & Educational Services, LLC. All rights reserved. Revised February 2010 7
Page 1 and 2: Compliance Update - I REGULATORY AN
Page 3 and 4: Introductory Notes: Basic Obligatio
Page 5 and 6: performed by boards of directors. T
Page 7 and 8: What if an applicant “volunteers
Page 9 and 10: Please answer the following questio
Page 11 and 12: MULTIPLE ISSUES AND RESOURCES - SOM
Page 13 and 14: • Review of the negative shares r
Page 15 and 16: illustrates how certain provisions
Page 17 and 18: SAMPLE CREDIT UNION BUSINESS PLAN M
Page 19 and 20: EMPLOYMENT AGREEMENT Revise to addr
Page 21 and 22: 13. Evaluate the job performance of
Page 23 and 24: 2. By Employer For No Cause. Employ
Page 25 and 26: Vendor Due Diligence II Security As
Page 27 and 28: Vendor Due Diligence VII TERM AND T
Page 29 and 30: Vendor Due Diligence XII Backgroun
Page 31 and 32: Monitoring the Vendor At a minimum,
Page 33 and 34: NOTE: The BSA also contains a “wh
Page 35 and 36: (5) Confidentiality of reports. SAR
Page 37 and 38: PRIVACY - INFORMATION SECURITY Priv
Page 39 and 40: Disposal of Consumer Reports and Ot
Page 41 and 42: Compliance Update - II REGULATORY A
Page 43 and 44: Introductory Notes: Knowing if you
Page 45: I. POLICY AND GUIDELINES Portions O
Page 49 and 50: Conference and Seminar Costs Fees f
Page 51 and 52: We have stated that there must be a
Page 53 and 54: IV. POLICY REGARDING CONFLICTS OF I
Page 55 and 56: public, even though, such relatives
Page 57 and 58: and other relatives who live in the
Page 59 and 60: protection, and the reimbursement o
Page 61 and 62: Legal / Compliance Consultation Not
Page 63 and 64: MERGER AND CONSOLIDATIONS ISSUES NO
Page 65 and 66: information of which unauthorized d
Page 67 and 68: A Review of ‘Red Flags’ and wha
Page 69 and 70: Business Depositors: Understanding
Page 71 and 72: WHAT POLICIES, PROCEDURES AND RISK
Page 73 and 74: 16. Conflict of Interest/Code of Et
Page 75 and 76: Union Assessment 33. Identity Theft
Page 77 and 78: Procedures 60. Training Policy See
Page 79 and 80: Also - consider the other changes c
Page 81 and 82: policies, procedures and documents
Page 83 and 84: Underwriting Advertising In July 20
Page 85 and 86: 135-2009 Community Notice // OE/CE
Page 87 and 88: Credit Union’s lien right are not

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