Description

In this session we discuss the current state of regulatory compliance for credit unions. We are in the beginning stages of a significant transition for the primary rule maker for credit unions - the CFPB. We explore how this impacts credit union compliance efforts and the fallout for boots-on-the-ground examinations. We will point out several compliance areas examiners are focusing on and how credit unions can best position themselves to have successful exams. We also tackle compliance issues that are targets for lawsuits and enforcement actions.

Learning Objectives:

• Understand recent compliance pitfalls for credit unions.
• Learn how to best position your credit union for compliance success.

Speaker(s):

• Justin Robinson, JD, Managing Director , CLA