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, January 06, 2016

 January Webinars 

Register at: 

January 13 - Powers Of Attorney: In this session we will address the basics of POAs and answer specific questions such as: (1) Must the Credit Union accept the POA? (2) What powers does an Attorney in Fact have? (3) What is your credit union’s liability in honoring a Power of Attorney document? (4) Document Retention (5) Should the Credit Union obtain and affidavit from the AIF. (6) When does a Power of Attorney become invalid? (7)  Can the attorney-in-fact change the beneficiaries on an account? (8) Disputes and options / actions a Credit Union may take.  Presenter: Todd Sherpy Password: flay


January 21 - Audit and Assessment Series: In Part I of this series (we have not determined the total number yet as this will likely run the course of 2016) we will begin with a general discussion of audit practices. We will discuss what is required; and what is recommended (and why). We will discuss options for these assessments and address risks from a legal and compliance perspective. We will also discuss best practices for record keeping and communications as to audit / assessment findings in order to better protect the Credit Union from potential risks.  We will also address risk based considerations in your assessment of audits/assessment scope. Presenter: Todd Sherpy  // Registration Password: stay

January 22 -BSA Certification Session for those Who Missed Getting Certified in 2015; or who want to get a jump on 2016. Presenter: Todd Sherpy  //


Password - slay

January 26 - Compliance 2016 – Matters to Watch and Plan For: We will address compliance matters from NCUA, CFPB and other regulators based on the most recent information available.  This will include pending NCUA rules on the FOM and Chartering Manual and Commercial Lending. On the CFPB side we will address HMDA and CFPB’s announced regulatory agenda for 2016. Presenter: Todd Sherpy // Password -- gray

January 28 - Adverse Action Notification Requirements:  In this session we will address AAN obligations as to deposit and loan products. Further, we will breakdown the Credit Union’s obligations as to Consumer and Commercial relationships. We will address procedures and recordkeeping practices to keep your Credit Union and out of trouble with CFPB who has announced a focus for 2016 on AANs and the use of credit reports.  Presenter: Todd Sherpy // Password -- pray