NEWS: PolicyAid has announced the quarterly additions & updates to its sample compliance policies.
All League members enjoy free access to PolicyAid as part of your dues-supported services (a $799 annual value.) PolicyAid (a service of PolicyWorks, LLC) offers a comprehensive online compliance policy library, giving credit unions access to more than 100 sample policies that you can download and adapt to fit your operations. The compliance experts at PolicyWorks amend the policies to keep current with changing regulations, Letters to Credit Unions, AIRES questionnaires, and best practices.
Q. If the credit union closes a mortgage refinance loan on Friday October 11, and it is open on Columbus Day October 14, do we count Columbus Day as one of the 3 business days for right of rescission?
1 East Main Street, Suite 101
Madison, WI 53703