Credit Union

Credit unions are different from other financial institutions, have specific legal needs, and face special problems.
Kaufman & Canoles’ long-established Credit Union Team combines attorneys from five of our offices, admitted in many states, each of whom understands the credit union difference: member owned, not-for profit financial institutions that are governed by volunteer boards. Our Credit Union Team attorneys, and dedicated and experienced paraprofessionals, are committed to helping credit union executives and their boards of directors run successful credit unions. On a daily basis, we advise credit unions on federal and state laws and regulations particular to the credit union community. We partner with credit unions to ensure smooth operations in all areas, including labor and employment and general compliance issues; Fair Credit Reporting Act and Uniform Commercial Code compliance; loan participation sales and purchases; commercial litigation including class action defense; corporate governance, and real estate transactions. We not only understand a credit union’s unique needs, we anticipate them.

Kaufman & Canoles has a substantial credit union practice, serving as general counsel to credit unions, large and small. We regularly advise our clients on consumer compliance issues, NCUA requirements, and the rules governing credit union service organizations. We provide our credit union clients with the convenience and cost-effectiveness of obtaining comprehensive legal services from one law firm.

Credit Union Team of Attorneys from Kaufman & Canoles

Andy Keeney on CU Broadcast: Six legal predictions to impact CUs in 2016

Andy Keeney on CU Broadcast: CUs starting 501c3 organizations

Andy Keeney on CU Broadcast: How the Latest Legal Trends Will Affect Credit Unions in 2018

• Credit Union Webinar – How the New Bankruptcy Law Effects Credit Unions
• Hot Topics in Employment Law in the D.C. Council and Maryland General Assembly
• ADA Webinar: What You Must Know to Protect Your Credit Union
• Recovery Optimization for Your Lending Program
• The New Wage-Hour Rules: Earth-Shattering or Simply Down-To-Earth?
• 5 Things Your Credit Union Must Know About Wire Fraud
• Collecting on a Judgment and Best Practices
• Potential Pitfalls in Your Bond Coverage
• Strategic Loan Participations: Getting Started
• Executive Compensation Issues for Credit Unions Webinar
• Social Media in the Workplace Webinar

• Credit Union Client Alert – Compliance Considerations When Making Loan Decisions Using Artificial Intelligence (AI) and Machine Learning (ML)  
• Credit Union Alert – October 2022
• Credit Union Alert – FCUs Will Soon be Able to More Easily Expel Problematic Credit Union Members
• The Three E’s For Being A Great Board Member
• Time For Your Credit Union’s Legal Spring Cleaning
• Credit Union Alert – NCUA Extends Flexibility for Federal Credit Unions
• Credit Union Client Alert – Wells Fargo Must Pay $250 Million Fine
• Credit Union/Consumer Finance Client Alert
• CFPB Technical Specifications for Credit Card Issuers
• Consumer Finance Client Alert – June 2021
• Credit Union Client Alert – May 7, 2021
• Bankruptcy & Creditors’ Rights Alert – February 2021
• Litigation Landscape
• Credit Union Alert – CARES Act Bankruptcy Law Changes Affecting Credit Unions
• Overdrafts & Error Resolution Procedures Under Reg. E
• Credit Union Alert – Credit Union Victory in Federal Court of Appeals in Web-site Access Case – First Appellate Decision in the Nation
• The Amazing Compliance Race
• Adverse Action Notices: ECOA and FCRA
• Executive Employment Agreements
• S.A.F.E. Act: The Secure and Fair Enforcement for Mortgage Licensing Act of 2008
• ADA Litigation and Violations of SCRA
• Credit Unions’ Latest ADA Litigation Issues
• The ABCs of ADA Website Compliance for Credit Unions
• Credit Union Legal Update – Legal Hurdles for 2018
• ADA Lawsuits Against CUs Spike in December
• CEO, Director and Officer Liabilities and the Risks of Being Sued
• How the Latest Legal Trends Will Affect Credit Unions in 2018…
• ADA: What You Must Know to Protect Your Credit Union
• Credit Union Website Comprehensive Tools on ADA
• Move Fast on Reg Overhaul, Trades, Attorneys Tell NCUA
• Debt Collectors Under The Fair Debt Collection Practices Act
• NCUA Share Insurance Advertising Requirements
• NCUA Advertising Regulations Presentation
• Share Insurance for Credit Unions
• Credit Union Legal Update – Credit Union Board Compensation & In-Kind Gifts
• How To Cross $10 Billion And Keep On Going
• The Importance Of FCRA Compliance
• A Loan Participation Checklist: The Devil is in the Details
• BYOD Creates Credit Union Legal Risks
• Credit Union Legal Update – Summer 2014 – 2nd Edition
• Kaufman & Canoles Selected as Strategic Legal Partner by Maryland DC Credit Union Association
• Credit Union Legal Update – Winter 2014
• Credit Union Legal Update – November 2013
• Credit Union Legal Update – Summer 2013
• Credit Union Legal Update – Winter 2013
• Kaufman & Canoles Forms Credit Union Team
• Credit Union Legal Update – Spring 2012
• Credit Union Legal Update – Summer 2011
• Credit Union Legal Update – Spring 2011
• Credit Union Legal Update – Fall 2010
• Credit Union Legal Update – Spring 2010
• CEO, Director and Officer Liabilities
• Credit Unions Starting 501c3 Organizations
• Credit Union Legal Update – Recent Lawsuits: What Credit Unions Need to Know
• Third Party Vendor Issues and Checklist