Webinar: Nuts & Bolts of Effective Metro 2 Credit Reporting via e-OSCAR
Access to reasonably-priced credit is an essential element in every member's economic life, and no factor is more important than their credit score. But what happens if there is a mistake in the score and it's your fault?
The Fair Credit Reporting Act and FACT Act apply to every credit union that reports member information to a credit reporting agency, and the fines for improper reporting can be substantial! Throw privacy and bankruptcy into the mix, and there are real liabilities to address. Are you fully compliant with the requirements of the Metro 2 reporting format? Are you utilizing e-Oscar to its fullest? Attend this webinar to learn more about this often-invisible operational area.
About This Session:
This webinar will cover the following topics:
- Conducting a credit reporting inventory
- Understanding the requirements of Metro 2
- Harnessing the power of your IT function
- Excelling with e-Oscar
- Credit reporting best practices
- TAKE-AWAY TOOLKIT with a sample credit reporting policy and credit reporting inventory checklist
Who Should Participate:
Executives, senior managers, department managers, project managers and others involved in the credit reporting function
About the Presenter:
David A. Reed, JD, Reed and Jolly, PLLC
Attorney, author, consultant and nationally recognized speaker David Reed is a partner in the law firm of Reed and Jolly, PLLC. He provides guidance to credit unions on establishment and revision of policies and procedures, organizational compliance, collections, security, contractual agreements, regulatory matters and corporate governance. A former trial attorney and VP/general counsel of a large credit union, Reed is known for his expertise in the areas of credit union operations, bankruptcy and collections. He has trained state and federal examination staff on numerous issues, including BSA, ID theft red flags, SAFE Act, third-party contract management and bankruptcy.