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 - Tuesday, January 3, 2017

January 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.

January 12Top 10 Issues from 2016 you need address in 2017   We will assess every major legal, compliance and liability issue that hit the radar scope in 2016; and discuss the Who, What, Where, How and Why – to ensure you understand what we consider the top 10 exposures that you face together with measures you can deploy to protect your Credit Union. Remember – it’s all about keeping you safe which is our Number One goal. 1 Hour Password = hope         Presenter: Todd Sherpy

January 24Advertising 360            We will go over the top errors made by Credit Unions in advertising products and services. We will also wade into the realm of commercial services advertising and explain important differences together with common sense reminders. The session will also address exposures from various promotions we commonly see in Credit Union Land and how you can avoid those problem areas. 1 Hour Plus Password = cheer  Presenter: Todd Sherpy

January 26 - Powers of Attorney -- SC Only (Focus on Legal Changes in South Carolina)In this session we will review the basics of POAs and move forward to the changes made by new law touching on topics such as 1) why did they change the law? 2) how do we know if a POA is valid? 3) What powers does the attorney in fact have automatically? 4) rules regarding joint agents 5) CUs liability in accepting POAs 6) revocation of POAs 7) what the new laws mean for the POAs drafted and accepted previously. 1 Hour 30 Minutes Password = AIF1!   Presenter: Sable Burgess

January 31Vendor Management Focus – Electronic Services Contracts and Cyber-Security       In this session I will address common issues that are overlooked and are expected per applicable guidelines. I will also address the Cyber-Security Standards per Appendix J to the FFIEC Guidance to again cover matters many of you may be overlooking. We will generally also address the scope of proper legal reviews to ensure you understand when you are getting good help; and when you are not.  45-Minutes.  Password = faith           Presenter: Todd Sherpy

February 2Assessing the Changes to NCUA’s FOM & Chartering Manual We will assess the late 2016 changes to the FOM Manual; address FAQs; and discuss the status of the Community Bankers legal challenge and how this may affect your assessment of the changes.  45-Minutes Password = change           Presenter: Todd Sherpy