Credit unions in the U.S. face a combined $6.1 billion in annual regulatory costs*
In today’s uncertain regulatory landscape, one thing is certain – things are changing. And, keeping pace with compliance updates isn’t easy, but is critical in mitigating risks. Use these resources to help ensure you are doing your best to manage compliance risk at your credit union.
- Check Collection & Return Guidelines
- Partner Perspective: LOANLINER® Compliance Solutions: Overdraft/NSF Fee Litigation
- Overdraft/NSF Fee Litigation Risk Overview
- CECL Implementation Guide
- Telephone Consumer Protection Act Risk Overview
- UDAAP Risk Overview
For more, access the Protection Resource Center at www.cunamutual.com/prc.
This resource is for informational purposes only. It does not constitute legal advice. Please consult your legal advisors regarding this or any other legal issues relating to your credit union. Any examples provided have been simplified to give you an overview of the importance of selecting appropriate coverage limits, insuring-to-value, and implementing loss prevention techniques. CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Insurance products offered to financial institutions and their affiliates are underwritten by CUMIS Insurance Society, Inc. or CUMIS Specialty Insurance Company, members of the CUNA Mutual Group.