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 - Monday, April 3, 2017

April WebEx Training Sessions 

Register at:  https://sherpyjones.webex.com

Cost for Non-Full Retainer or Non-“Plus WebEx Client” = $75 for Other Client; $105 for Non-Client. All sessions are set for 2:00 PM EST, but are recorded to allow for viewing at any time if you cannot make the set time. Just email us to request any of our 110+ recorded sessions: rts@sherpy-jones-law.com.

Apr 4, 2017  2:00 pm Augh! Document Representative Capacity Properly or Suffer the Consequences: From POAs to Trusts to Member Business Accounts the failure to document representative capacity when it is critical to do so can have dire consequences for the Credit Union. In this session we will address the concept together with: (1) tools to help analyze when it is critical to so document transactions/files/etc.; (2) how to properly document capacity; and (3) consequences for failing to do so.  Presenter: Todd Sherpy. Password: Augh!2017. Time: Approximately 45-minutes.

Apr 10, 2017  1:00 pm Collections Communications Series – Freezing and Offsetting Funds / Limitations on Services: As we spring from our initial session on communicating with members in collections scenarios we now start to break down the integral issues you must further understand to avoid Navy-CFPB type exposures – and worse. In this session we will fully assess your rights to freeze; offset and limit services to include: (1) Joint Account considerations; (2) Type of Account issues; and (3) Communicating your actions and intentions. Presenter: Todd Sherpy. Password: Offset2017. Time: Approximately 1-hour.

Apr 13, 2017  2:00 pm Commercial Collections: Commercial Collections: This session will introduce Credit Unions to issues in commercial collection scenarios versus consumer matters and point out pitfalls to avoid. Presenter: Christy Jones. Password: pineapple. Time: Approximately 1-hour.

Apr 25, 2017  1:00 pm Identity Theft & Red Flags Issues/Compliance: Identity Theft continues as one of the top threats your members and they are looking to you to keep them safe. The regulations identify numerous examples of identity theft warning signs and require every credit union to have a written identity theft prevention program. Is your credit union’s compliance where it needs to be to address required elements and prevent exposure to liability? Presenter: Todd Sherpy. Password: Identity2017. Time: Approximately 45-minutes.