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 - Saturday, April 23, 2016

April & May Webinars 

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

All Sessions are Recorded for On-Demand Viewing if the Scheduled Times do not Work for Live Attendance.

April 28 (2:00 PM EST) - The Problem Member: Sometimes you know who they are. Sometimes they surprise you. Sometimes they scare you. In this session we will address how to deal with a number of problem members; what your obligations are; what your risks are; and options. We will also explore how to set the stage to make dealing with these matters easier. We will include recommendations on Procedures and Disclosures to help set the stage. .   Presenter: Todd Sherpy  // Registration Password: drain

April 29 (2:00 PM EST) - Flood Insurance Update: Let’s be sure we have the new rules covered; and that you are ready for the next deadline (June 30, 2016). We will address flood rules, FAQs, disclosure requirements, detached structure rules, and escrow requirements. We will also review sample procedures and other tools provided to assist with compliance. Presenter: Todd Sherpy  // Registration Password: main

May 5 (2:00 PM EST) - Americans with Disabilities Act: In this session we will refresh you on primary ADA requirements in both the employment and physical access realms; revisit ATM ADA Access; and discuss the present status of ADA issues – primarily Online Banking / Website Access; and other product considerations such as mobile banking. Presenter: Todd Sherpy  // Registration Password: heat

May 9 (2:00 PM EST) - What’s up with the Website: In this session we will address common issues (compliance, UDAAP and liability protection considerations) that leave many Credit Unions exposed. This session will focus more on real life / practical legal-operations issues versus straight compliance (i.e. useful matters to help protect your Credit Union). Presenter: Todd Sherpy  // Registration Password: sheet

May 10 (2:00 PM EST) - Introduction to Credit Union Laws and Regulations (Updated Session): An overview of the regulatory entities and laws governing Credit Unions.  This will be intended to be used as an overview for new employees, volunteers and those needing a refresher on the basic regulatory environment for a Credit Union.  We will also touch upon ADA awareness as well as general duties and obligations of Credit Union’s and Credit Union personnel. Presenter: Todd Sherpy  // Registration Password: feat

May 18 (2:00 PM EST) - Issues with Checks – Preventing Exposure & Loss: An overview of the regulatory entities and laws governing Credit Unions.  From the front-line to the back office what do you need to know to recognize and prevent loss; or to at least mitigate exposure. We will address common problems from endorsement issues to forgeries; your Credit Union’s duties and options; and practical pointers to help reduce exposure / risk. Presenter: Todd Sherpy  // Registration Password: neat

May 19 (2:00 PM EST) Consumer Loan Documentation:So – what do these provisions really mean? Are we missing anything important? What does the Credit Union need to be aware of to ensure it takes advantage of every opportunity; and at the same time does not expose itself to risk? What's missing from your documents. 

Presenter: Todd Sherpy  // Registration Password: beat

May 20 (2:00 PM EST) - GPS Units and Credit Union Collateral: In this session we will address a great number of truths about these systems; risks and how to mitigate risks. We will address recent developments in statutory laws and case law to be aware of when considering this option; vendor considerations and documentation / disclosure issues.  Presenter: Todd Sherpy  // Registration Password: fleet