Credit Union
Given their structure and governance, credit unions have very specific legal needs. Kaufman & Canoles’ Credit Union Team understands the credit union difference – member owned, not-for profit financial institutions that are governed by volunteer boards.
-
Who We Are
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. -
What We Do
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.
-
Videos
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
-
Webinars
- 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
-
Press And Publication
- 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
- Credit Union Board Compensation
- Millennials – Who They Are and What Makes Them Tick
- CFPB The Good the Bad and the Ugly
- How To Cross $10 Billion And Keep On Going
- Current Litigation Risks
- Recovery Optimization for Your Lending Program
- The Importance Of FCRA Compliance
- Credit Union Foundations Are a Vehicle to Grow Membership
- The New Wage-Hour Rules
- Arbitration: The CFPBs Latest Bogeyman
- Credit Unions Head into Overtime Preparing for New Wage and Hour Rules
- A Loan Participation Checklist: The Devil is in the Details
- NCUA Board of Directors Policies-Which Ones Truly Require Action?
- 20 Ideas in 90 Minutes
- 6 Credit Union Industry Predictions for 2016
- On Compliance: Discussions on Director Compensation Heat Up
- How These 6 Legal Predictions Will Greatly Impact CUs in 2016…
- Credit Union Foundations
- Credit Union Legal Predictions – 2016
- Credit Union Client Alert – September 2015
- Kaufman & Canoles Releases 2015 Credit Union Legal Predictions
- NCUA’s Examinations and Your Credit Union’s Rights
- Required Policies and Risk Assessments
- Credit Union Client Alert – June 2015
- BYOD Creates Credit Union Legal Risks
- Credit Union Legal Update – Spring 2015
- The Consumer Financial Protection Bureau – December 2014
- Credit Union Legal Predictions – 2015
- Cybersecurity Workshop
- Credit Union Legal Update – Summer 2014 – 2nd Edition
- The Consumer Financial Protection Bureau
- Kaufman & Canoles Selected as Strategic Legal Partner by Maryland DC Credit Union Association
- Credit Union Legal Update – NCUA’s List of Required Policies for Board of Directors of Credit Unions
- 2014 NCUA Fair Lending Examinations Presentation – MDDCCUA
- Credit Union Legal Predictions – 2014
- Credit Union Legal Update – Winter 2014
- Credit Union Legal Update – Consumer Compliance Risks in Social Media
- CFPB Regulations on Ability to Repay and Qualified Mortgages Presentation – MDDCCUA
- Credit Union Legal Update – November 2013
- Credit Union Legal Update – Summer 2013
- Credit Union Legal Hurdles for 2013
- Credit Union Legal Update – Fall 2013
- Credit Union Legal Update – Winter 2013
- Kaufman & Canoles Forms Credit Union Team
- Credit Union Legal Update – Summer 2012
- Credit Union Legal Update – Spring 2012
- Credit Union Legal Update – Fall 2012
- Credit Union Legal Update – Fall 2011
- Credit Union Legal Update – Summer 2011
- Credit Union Legal Update – Spring 2011
- Mortgage Officers Exemption
- “Legal Eagle” Addendum
- Credit Union Legal Update – Fall 2010
- Credit Union Legal Update – Spring 2010
- Credit Union Legal Update – Winter 2009
- Credit Union Legal Update – Fall 2009
- Credit Union Legal Update – Winter 2008
- Credit Union Legal Update – Summer 2008
- Credit Union Legal Update – Winter 2007
- Credit Union Legal Update – Summer 2007
- Credit Union Legal Update – Fall 2006
- Credit Union Legal Update – Spring 2006
- Credit Union Legal Update – Fall 2005
- Credit Union Legal Update – Spring 2005
- Credit Union Legal Update – Fall 2004
- Credit Union Legal Update – Summer 2004
- Keeping Your Marketing Pitches Compliant
- NCUA Board of Directors Policies
- CEO, Director and Officer Liabilities
- Loan Modification – Workout Plans and Modification
- Focus on Fair Lending… Tips to Avoid the Traps!
- Credit Unions Starting 501c3 Organizations
- Wright-Patt Controversy: Boards Control Account Refusal
- CFPB Payday Lending Rule Requires Speaking Up
- Field of Membership Expansion
- The Challenge of Credit Unions Regarding Branches and Buildings
- Real Estate Strategies
- Credit Union Legal Update – Recent Lawsuits: What Credit Unions Need to Know
- CUSO Legal Update – Reporting Requirements
- Diving Into Social Media Social Payments
- Foreclosures Up in 2015?
- Social Media Compliance Risks
- Credit Union Cybersecurity Workshop
- Truth-in-Lending – RESPA: The New Rules
- CFPB’s Final Mortgage Regulations: Ability-to-Repay and Qualified Mortgage Rules
- CyberSecurity (Emerging Threats)
- Loan Zone: Indirect Lending
- NAFCU Regulatory Compliance Seminar: Focus on Fair Lending
- Understanding the Fundamentals of Credit Union Third-Party Vendor Due Diligence
- NCUA Securitization Rule Offers Opportunities
- Tila-Respa, One of the Most Expensive Changes in Decades
- TILA – RESPA An Overview Presentation – NAFCU Compliance School
- Strategic Loan Participations Presentation – The Credit Union League of Connecticut
- Telephone Consumer Protection Act Presentation – NAFCU
- Fraud Management
- Fair Lending Presentation – Virginia Credit Union League
- CFPB’s Final Mortgage Regulations Presentation – MACUMA
- Fair Lending Examination Documents
- Fraudulent Conveyance Risk a Recession Reality
- Third Party Vendor Issues and Checklist
- NCUA’s List of Required Policies for Board of Directors of Credit Unions
- NCUA Board of Directors Policies – Required Policies and Risk Assessments
- New Deferred Compensation Regulations