|
As HOAs increasingly rely on electronic payments and remote financial access, boards and managers face growing exposure to fraud risks with limited understanding of how those risks arise.
For this month’s HOA Forum, the HOA Information & Resource Center is pleased to host Lauren Kvamme, Vice President, Treasury Management Officer of MidWestOne Bank as guest speaker.
Lauren works with community associations, property managers, and nonprofit organizations to help evaluate banking relationships, improve payment structures, and strengthen financial controls for operating and reserve funds. Lauren specializes in ACH payments, electronic disbursements, account oversight, and fraud risk mitigation, and regularly educates boards and managers on practical, non‑sales‑focused approaches to financial governance and decision‑making.
For this session, Lauren will provide a non‑technical overview of common fraud schemes affecting community associations, including ACH fraud, check fraud, and business email compromise. Attendees will learn how electronic payment tools can both reduce risk and create vulnerabilities, and what basic controls should be in place to safeguard operating and reserve funds. The session emphasizes practical oversight responsibilities and actionable steps boards can implement immediately.
In addition, attendees will gain insight regarding how to:
- Identify common fraud risks impacting HOA communities
- Understand how ACH and electronic payments relate to fraud exposure
- Recognize warning signs of payment‑related fraud
- Implement basic internal controls to reduce financial risk
- Ask effective questions of managers, banks, and vendors regarding security
While this session is primarily intended for HOA board members and homeowners serving in financial or leadership roles within their communities, all are welcome to attend.
Please join us for an informative and educational presentation and Q&A session on Friday, May 29, 2026, at 1:00 PM (MT).
Presentation Details:
- Date: Friday, May 29, 2026
- Time: 1:00 p.m. - 2:00 p.m. (MT)
- Location: Online Webinar Only
You may register for the event here:
On behalf of the HOA Center Information & Resource Center, we look forward to you joining us.
|