Who We Are: We are a multi-faceted Credit Union firm serving and consulting with Credit Unions across the US for the last 30-years. Our success comes in part from knowing Credit Unions better than other providers. Through our programs we share the risk; and do not sit on the sidelines and merely cheer you on.


Compliance Counsel: We developed an outsourced compliance adviser/counsel option to provide counsel to Credit Unions on a day-to-day basis where the services are not based on an hourly fee; and access is unlimited. Since we work on a community concept of participating Credit Unions the risk is spread; and there is never the disincentive of hourly fees for calling/posing/submitting any covered matter. In most cases we are simply the alternative to in-house counsel.

CUPP: We developed “Credit Union Policies and Procedures” (the “CUPP system” Email us for the 26-page table of Contents to Assess the scope of these resources) to provide a pooled system for compliance resources where Credit Unions share the costs of participation. Through these resources we keep Credit Unions up to date on all federal laws, Regs and other government requirements.

Bankruptcy; Collections and Foreclosure: Bankruptcy, Collections and Foreclosure.  The litigation practice group of the firm is experienced in handling all aspects of the bankruptcy, collections and foreclosure processes.  In bankruptcy cases, we are available to object to plans, file proofs of claims, obtain reaffirmation agreements, dispute lien avoidance motions, attend meeting of creditors, and handle adversary proceedings.  Collections representation primarily involves claim and delivery (or replevin) matters, judgments on deficiency balances, overdrawn accounts and unpaid notes, and includes repayment settlements and Confessions of Judgments.  The foreclosure practice includes deeds in lieu, short sale negotiations, and Writs of Ejectment post-sale. 

Our staff has been on the staff of CMG, CUNA, ACUIA and other trade groups (including over 40 Leagues) over these 28-years; and have evolved a web-based series of training that covers Credit Unions’ required legal/compliance training as well as many hands-on practical areas based on our day-to-day interactions. See other content on this site for details.

Audit: We provide a range of compliance / legal audit options to help Credit Unions assess where they have weakness; and then direct the Credit Union on corrective action to put our Credit Unions into the best defensive position. Unlike competitors, our assessments are conducted by and under the direct supervision of lawyers; meet and exceed regulatory guidelines; and do so at a cost that is far less than what others charge.



WebEx Sessions - Wednesday, May 06, 2015

 May & June Webinars

Register at: 


May 7 -- Ethical Duties, Legal Obligations of Every Credit Union Employee including the Bank Bribery Act

A broad view of the laws that govern Credit Union and Employee honesty and ethics. Presenter: Todd Sherpy

May 11 -- “POLCEDURES” The legal, practical and liability reasons to keep policies and procedures separated; and discussion of what is required versus recommended.  Presenter: Todd Sherpy

May 12 -- Part V – Truth In Lending / Reg Z Series Credit Cards:
Breaking down the rules and requirements for Credit Cards to include the new provisions added per the Dodd Frank revisions. Presenter: Todd Sherpy

May 26 -- Marketing and Advertising – Refresher and Discussion of New Rules – New Views (CFPB); and CFPB and other developments affecting advertising. Presenter: Todd Sherpy

May 27 -- Internal Controls and ERM
Addressing legal as well as practical considerations; what examiners are looking act – expecting to see; and where we are with ERM for natural person Credit Unions. Presenter: Todd Sherpy

May 28 -- Electronic Disclosures and E-Sign
Options; Legal Requirements; Options and Practical Considerations  Presenter: Todd Sherpy

June 2 -- Part VI – Truth In Lending / Reg Z Series Advertising Rules:
Breaking down the rules and requirements for all advertising under TIL / Z. Presenter: Todd Sherpy

June 3 -- MLO Certification Session II (Four Sessions to be held 2015) Presenter: Todd Sherpy

June 8 -- ODP Regulation by Terrorism – CFPB’s Action Against Regions Bank We will talk through what has happened with ODP; What you need to be watching out for; and what may be on the horizon for ODP. Presenter: Todd Sherpy


June 9 -- Handling Deceased and Estate Accounts / Account Matters Addressing legal as well as practical considerations in dealing estates. What you can and cannot do.  Presenter: Todd Sherpy

June 10 -- Bankruptcy Rules Primer and Review
Common issues and omissions that Credit Union’s deal with / make.   Presenter: Christy Jones

June 30 -- Fair Lending and Everyday Compliance for all Credit Union Personnel
Common issues and omissions that Credit Union’s deal with / make.   Presenter: Todd Sherpy