Guidelines for OREO
Date: February 26, 2013
Time: 2:00 PM- 3:30 PM CST
About:
Financial regulators are reviewing your institution’s Other Real Estate Owned (OREO) policies and procedures during safety and soundness examinations. They expect management to have developed an OREO policy that provides guidelines for acquiring, holding, and disposing of OREO in accordance with credit union regulations and guidance statements, instructions for preparation of the call report, as well as compliance with generally-accepted accounting principles.
Highlights
> Valuation, flood, and IRS requirements
> Maintaining properties
> Selling and financing that transaction
> Possible regulatory classification of OREO
> Call report reporting
> Accounting for OREO
Note: Attendance verification for CE credits provided upon request.
Registration Options:
Live Webinar- $200
The LIVE WEBINAR option allows you to have one
telephone connection for the audio portion and one Internet connection
(from a single computer terminal) to view online visuals as the
presentation is delivered. You may have as many people as you like
listen from your office speaker phone. Registrants receive a toll-free
number and pass code that will allow entrance to the seminar. The
session will be approximately 90 minutes, including question and answer
sessions. Seminar materials, including instructions, pin number, and
handouts will be emailed to you prior to the broadcast. You will need
the most current version of Adobe Reader available free at www.adobe.com.
On Demand Web Link & CD- $200
Can’t attend the live webinar? The ON-DEMAND WEB LINK
is a recording of the live event including audio, visuals, and
handouts. We even provide the presenter’s email address so you may ask
follow-up questions. Approximately 1 week prior to the webinar, you
will receive an email with the web link. This web link can be viewed
anytime 24/7, beginning 6 business days AFTER the webinar and will
expire 6 months after the live program date. But there's more . . . AS
AN ADDED BONUS, you will also receive a FREE audio/visual CD ROM.* The
CD ROM includes the original audio/visual presentation, the question and
answer sessions, and the handouts. Use the on-demand link or this
“off-the-shelf” training program for those that could not attend the
live seminar and for future training.
Live Webinar & On-Demand Web Link (INCLUDES FREE CD-ROM)- $250
Includes options 1 and 2 above
Special Registration Option for member credit unions under $20 million-$169
On-demand link only (does not include CD or live webinar)
*To register for this webinar, click here.
For more information, please contact Carrie Buchholz at:
(P) 405.702.8622 ext. 215
(E) carrie@cuaok.org
Speakers | |
| Linder, S. Wayne | |
|
With over 30 years as a banking veteran, Wayne Linder was formerly the CEO of a community bank. At Young & Associates, Inc., Wayne works as a senior lending and management consultant. He performs loan reviews; assists financial institutions under regulatory enforcement agreements; performs management and board of director assessments; and develops and implements written policies throughout all areas of the financial institution. Wayne is a popular seminar speaker with both national and international experience. In addition to his many published articles, he is the author of Loan Review Deskbook. | |