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Compliance

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Gear Up with Our Unbeatable Compliance Resources

Compliance is one of the most in-demand League services. Our experts can help reduce credit unions' exposure to regulatory penalties, prepare credit unions for visits by regulators, and protect your credit union and its members from liabilities that have the potential to affect income, member service, reputation, and more.

Have a compliance question? Contact The League's Compliance Hotline at (608) 640-4050 or email [email protected]

Topics A to Z
Recent ii Release Updates
Credit Union Forms
PolicyAid
commUNITY

Regulatory Calendar

Regulatory Calendar

Be prepared. State and federal regulatory deadlines of note available for reference, including a printable PDF version.

Compliance Specialists Program

Compliance Specialists Program

Our staff-sharing program allows credit unions of any size or budget to access expert, League-trained, state-specific compliance help.

ii Releases

ii Releases

Complete collection of all of The League's ii (important information) Releases, including general and lending releases.

Compliance Couriers

News Compliance Courier

May 5 webinar covers Saver's Sweepstakes, Notice of Levy

Apr 29, 2021
Compliance Courier LIVE

 

 

 

NEWS:   The May installment of our ongoing “Compliance Courier LIVE!” webinar series is coming up on Wednesday, May 5 from 1:00 to 2:15 p.m.  

Saver’s Sweepstakes Update. Paul Guttormsson, League SVP and General Counsel, will explore recent changes to The League's prized-linked savings program, including:

  • The elimination of withdrawal limits and fees,
  • A simplified & shortened account agreement, and
  • The end of 12-month rollover notice requirements.

Notice of Levy.  Kim Hoppe, The League's Compliance Resource Analyst, will discuss the different types of levies and how to respond to them. During this session, you will:

  • Learn what a levy is and who issues them;
  • Understand what the credit union’s responsibility is when these are received; and
  • Recognize what funds are subject to the levy.
News Compliance Courier

CFPB delays compliance with new QM standards to 2022

Apr 28, 2021
NEWS:   The CFPB has extended the mandatory compliance date of the General Qualified Mortgage (QM) rules from July 1, 2021 to Oct. 1, 2022. The League wrote to the CFPB earlier this year to voice our support for the extension.
News Compliance Courier

League files state Supreme Court brief in self-help repo case

Apr 23, 2021
NEWS:   The League has filed a “friend of the court” brief with the Wisconsin Supreme Court, siding with a bank in a case involving the rights of lenders to repossess vehicles from apartment parking garages.
Comment Call Compliance Courier

CFPB proposes to bar foreclosures until 2022

Apr 7, 2021
COMMENT CALL:   The CFPB has proposed to modify its mortgage servicing rules to add a temporary moratorium on new foreclosures through the end of the year. The Bureau said it's making the proposal because it expects a surge of borrowers leaving pandemic-related forbearance arrangements this fall. As explained in the proposal, “The Bureau is taking this action to help ensure that borrowers affected by the COVID-19 pandemic have an opportunity to be evaluated for loss mitigation before the initiation of foreclosure.”

Compliance Events

Jan
21

Small Credit Union CEO Virtual Roundtable Series (<$50M)

Webinar
CEOs, this is your opportunity to share on current issues such as staffing, operations and the continuing impact of the pandemic in your communities.
Jan
29

Reg Z & TILA – Non - Real Estate

On-Demand Webinar
Find out how Reg Z and TILA apply to non-real estate loans and protect your institution from common missteps and regulatory consequences.
Jan
29

Reg Z & TILA – Real Estate

On-Demand Webinar
How do Reg Z and TILA apply to loans secured by real estate? What about ARM loans? HELOCs? Round out your understanding of these regulatory focal points today.
Jan
29

Reg V & FCRA

On-Demand Webinar
Financial institutions and borrowers rely on consistent gathering and reporting of fair, accurate information. Learn how to properly access, decipher, and utilize the data contained in consumer credit reports.
Jan
29

Reg X & RESPA

Webinar
During the session, participants will learn about the scope and coverage of RESPA, including the statute’s prohibition against kickbacks and unearned fees, as well as notification requirements in connection with servicing transfers and force-placed insurance. In addition, this session will cover the procedural requirements in connection with escrow accounts and Regulation X’s protections for delinquent mortgage borrowers.
Jan
29

Reg C & HMDA

On-Demand Webinar
During the session, participants will learn about HMDA’s institutional coverage test and what constitutes a reportable transaction. The session will also cover the data collection requirements for both traditional and low-volume filers, recording and reporting requirements, and rules concerning the public disclosure of HMDA data.