Agenda

Sep 24, 2026
3:00 pm - 4:30 pm EST

The allegations surrounding the Jackson Area Federal Credit Union fraud have captured the attention of financial institutions across the country. While the facts will ultimately be determined through the legal process, the allegations already provide one of the most significant case studies in recent years on how internal fraud can occur, remain concealed, and expose an institution to extraordinary financial and reputational damage.

This timely webinar will move beyond the headlines to examine the governance, internal control, audit, and fraud prevention lessons that every bank and credit union should understand. Participants will walk through the alleged control failures, management override risks, board oversight challenges, reconciliation weaknesses, and audit issues that may have allowed the alleged scheme to continue for years.

Rather than focusing on blame, this program will focus on prevention — identifying practical improvements that institutions of every size can implement immediately to strengthen internal controls, improve oversight, and reduce the risk of insider fraud.

Topics

KEY WEBINAR TAKEAWAYS:

• Alleged control failures, governance breakdowns, and fraud warning signs revealed through the public litigation
• Key controls over accounting, reconciliations, segregation of duties, payment systems, executive oversight, and fraud detection
• Governance practices, oversight questions, and independent verification techniques that help identify problems before they become crises
• Checklists, assessment worksheets, and governance frameworks to strengthen fraud prevention, internal controls, and institutional resilience

Speaker(s)

David A. Reed, JD
Reed & Jolly, PLLC

Attorney, author, consultant, and nationally recognized trainer, David Reed is a partner in the law firm of Reed & Jolly, PLLC. He provides guidance to financial institutions on establishment and revision of policies and procedures, organizational compliance, collections, security, contractual agreements, regulatory matters, and corporate governance. His engaging speaking style has made him a nationwide lecturer on regulatory compliance, consumer lending, bankruptcy, and collections.

A former trial attorney and vice president and general counsel of a large regional financial institution, David is also a Certified Fraud Examiner. He is particularly known as an expert in the areas of 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.

Fees

Live Webinar - $279

• Unlimited connections for your institution
• Available on desktop, mobile & tablet
• Take-away toolkit
• Presenter’s contact info for questions

On-Demand Webinar - $279

• Unlimited & shareable access starting two business days after live stream
• Available on desktop, mobile & tablet devices 24/7
• Take-away toolkit
• Ability to download webinar video
• Presenter's contact info for questions

Live + On-Demand - $379

Get the best of both and save when you Bundle the Live & On-Demand Webinar registration! This option includes all the items listed above.

**100% surcharge applied to non-members.

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