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SPECIAL ALERT: UPDATED OVERVIEW OF COVID-19
REGULATORY ACTIONS
AFFECTING COMPLIANCE & OPERATIONS
FOR CREDIT UNIONS
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Since mid-April, there has been no slack in the flood of state and federal actions issued in response to the COVID-19 pandemic that impact credit unions. We continue to monitor these developments on a daily basis and we have updated our overview of the various actions affecting compliance and operations for credit unions. Our most recent Updated Special Alert Overview is linked below. Please contact us if you have compliance or operational issues.
Farleigh Wada Witt is the premier credit union law firm in the Pacific Northwest. Brian Witt, Hal Scoggins, Kelley Hodney, and Megan Oshiro have extensive experience in credit union governance and compliance issues. If you need further guidance for your credit union please contact us at 503.228.6044 or bwitt@fwwlaw.com, hscoggins@fwwlaw.com, khodney@fwwlaw.com, or moshiro@fwwlaw.com.
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Brian Witt
represents credit unions and CUSOs on corporate, operational, compliance, executive compensation and financial service delivery matters. Practicing law for more than 30 years, Brian has vast experience working with credit unions at all levels from the teller line to the Board room. Brian has developed extensive compliance resources for member response management, vendor management and contract review, information security programs, security response guidelines, online delivery of financial services, and credit union consumer and business lending.
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Hal Scoggins
has been providing legal advice to credit unions since 1991, focusing on state and federal regulatory compliance, deposit and lending operations, contract and business matters, corporate governance, CUSOs, and all other aspects of financial service delivery. He frequently conducts seminars on legal matters for the Northwest Credit Union Association, Credit Union National Association councils, local chapters, and other trade groups.
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With a background in banking and business,
Kelley Hodney
brings considerable experience and working knowledge in the areas of consumer and commercial law relevant to assisting financial service providers on matters related to legal compliance, and creditors' rights litigation. She monitors regulatory changes and legislation at the federal level and in Oregon, Washington, and California that affects financial service providers.
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Megan Oshiro
supports the firm's financial services, business, estate and succession planning and real estate practices. Megan's internship at Willamette's Business Law Clinic, Oregon DOJ in the Financial Fraud and Consumer Protection Section, and externship with the Adidas in-house counsel in Portland bring excellent skills and working knowledge to her practice.
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Copyright © 2020 Farleigh Wada Witt. All Rights Reserved. The contents of this publication are intended for general information only and should not be construed as legal advice or opinion on specific facts and circumstances. |
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