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, March 1, 2017

March 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.

March 7Collections Communications and Notices – Know Thy Rules! We will address various notices, methods of notices and practical considerations where you may have exposures. We will keep the NAVY/CFPB Consent Order in mind together with other case law where Credit Unions have faced significant losses in this area. I hope by addressing this you will avoid those pitfalls. Scheduled: 45 Minutes(+) Presenter: Todd Sherpy Registration Password: onoudidnt

March 14UCC Filings – Perfection of Credit Union Security Interests Under Article 9 Who, What, Why, When and How? We will discuss the ABCs of  perfecting liens under the UCC and practical considerations and potential exposures when you fail to follow the rules. Scheduled: 45 Minutes(+) Presenter: Todd Sherpy Registration Password: grandmaster

March 20Regulation D Rescheduled Session from February: We will review Reg D and Credit Union obligations / options for compliance; documentation / disclosure issues; common misunderstandings and issues for the commercial accounts offered by the Credit Union. Scheduled: 45 Minutes(+) Presenter: Todd Sherpy Registration Password: mulligan

March 30Environmental Risks – Not just a Commercial Issue Many Credit Unions have or have been told they have to have some element of policy/procedure addressing environmental considerations, but do you fully understand why? We will tell you in this session and address both consumer and commercial lending considerations. Scheduled: 45 Minutes(+) Presenter: Todd Sherpy Registration Password: lovecanal