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. 


Education:
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.

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WebEx Sessions for May & June 2019 - Wednesday, May 15, 2019

Register At:

https://sherpyjones.webex.com


All Sessions 2 PM EST. 

May 17 // 2 PM EST

A Review and Update of UDAAP – where it is; how it is being used; and what you should be doing to dot I’s and cross T’s under this nebulous rule as to specific matters and generally to support overall risk management and compliance health. Presenter: Todd Sherpy. Time: 1 Hour.  Event Number: 669 991 899. Password – If Required: andrea

May 21 // 2 PM EST

Top Issues Per My Work with Credit Unions – In this session I will pull my most common or highest risk “items” from one on one work and share these gems so you may be better prepared to deal with issues your sister Credit Unions have already encountered.  Presenter: Todd Sherpy. Time: 1 Hour.  Event Number: 662 606 135. Password – If Required: barry

May 23 // 2 PM EST

POAs versus The “Statutory Agent” About 20 states have added the “Statutory Agent” as an option on accounts. We will discuss the basics to help you understand what this is; differences between it and a POA; legal obligations/exposures; and documentation. Presenter: Todd Sherpy. Time: 45 minutes.  Event Number: 660 420 508. Password – If Required: Chantal

June 6 // 2 PM

Auditing Your Website – Let’s update our general discussion of compliance issues for Credit Union Websites; discuss common mistakes; review the issues and concerns “behind the firewall;” together with sundry UDAAP and Trademark considerations. We will also discuss how many Credit Unions are “de-risking” there sites and the benefits of such actions. Presenter: Todd Sherpy. Time: 45 minutes.  Event Number: 667 389 615. Password – If Required: dorian

June 26 // 2 PM

Mid-Year Regulatory Update – What’s Passed? What’s Pending? What is the action plan? What resources do you need to be allocating to address new or revised statutory or regulatory changes (and/or how can you avail yourself of any benefits?) We will assess Federal Credit Union, CFPB, FRB and other items, the timeline for action and provide tips to ensue you have applicable issues covered. Presenter: Todd Sherpy. Time: 45 minutes.  Event Number: 663 760 298. Password – If Required: erin