R. Todd Sherpy

R. Todd Sherpy

R. Todd Sherpy is a founding partner in the South Carolina law firm Sherpy & Jones, P.A. Todd is dedicated to serving all legal needs of Credit Unions and has attained a national reputation for his legal-auditing and compliance work. The firm provides compliance auditing, training and consulting services to Credit Unions throughout the United States. Todd dedicates a large portion of his time to teaching Credit Unions, having made presentations in 40 States and participating as an instructor through CUNA & Affiliates Regulatory Compliance, Collections and Credit Counseling, Marketing, Consumer Loan Officer and Economics and Investments Schools and Conferences.
 
Todd is the author of CUNA’s RegTrac Compliance Modules on Consumer, Real Estate Lending, and Member Business Lending; CUNA’s White Paper on Privacy; CUNA's Guide to Compliance with Revised Article Nine; CSG’s Volunteers Achievement Program on Directors’ Liability, and many other Credit Union resources.  Todd is also the editor of the periodical “Credit Union Legal News©.” Todd is general counsel to the South Carolina Credit Union League and consults with the Georgia and North Credit Union Leagues.

Todd brings a unique perspective to his practice having grown up in the Credit Union industry and being married to a Credit Union executive. The Credit Union philosophy and practical application issues are reflected in the team’s approach to legal matters and the products that are provided for Credit Union use.
 
In 2005 Todd developed CURES, L.L.C., (Credit Union Resources and Educational Services) to serve the compliance/regulatory needs of Credit Unions. CURES includes the "Compliance Community Plan" under which Credit Unions are offered audit and/or continuing compliance services at a significant saving through cooperative participation in a plan serving the common needs of many Credit Union. Under the Plan, Todd, the firm and CURES. L.L.C. has worked with approximately 400 Credit Unions in 23 States.  Under this plan, CURES provides participants with all electronic (cd-rom, diskette and e-mail) policies, procedures, notices, updates, explanations, internal training guides, as well as many forms, from collection and bankruptcy documentation to full member account services guides and forms. In addition to providing compliance resources to Credit Unions directly, his resources or parts thereof are available via The Forms Company and Minnesota Mutual.
 
After graduating with honors from the University of South Carolina School of Law, Todd worked for a United States Bankruptcy Trustee for three years. Todd is a member of the Credit Union Sub-committee of the American Bar Association and the Operations and Supervisory Committees of the Credit Union Sub-Committee.  Todd has two daughters and is married to Credit Union Executive Trisha P. Sherpy.


Site News

WebEx Sessions for April 2019 - Monday, April 15, 2019

Register At:

https://sherpyjones.webex.com


All Sessions 2 PM EST. 

April 18: Credit Cards: Reassessing Compliance with the CARD Act before anyone else does. In this session we will cover the requirements of the CARD Act and discuss common credit card issues. Presenter: Todd Sherpy. Time: 45 minutes.  Event Number: 664 900 936. Password – If Required: hurricane

April 26: UDAAP: Updating 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: 45 minutes.  Event Number: 665 831 360. Password – If Required: tornado

April 30: Vendor Management In-Depth – Technology Service Providers: In light of the recent FDIC Guidance to banks let’s take a few minutes to review their concerns and review FFIEC Appendix J together with other Regulatory Guidance. We will, of course, discuss practical pointers and examples as a part of the program.  Presenter: Todd Sherpy. Time: 45 minutes.  Event Number: 668 700 787. Password – If Required: thunderstorms.