Credit unions are unique institutions in the financial services sector, with specific operational and regulatory issues in addition to the market and regulatory challenges facing all financial institutions. Troutman Pepper's Financial Services Group understands the mission that credit unions advance for their members. We offer comprehensive and business-oriented legal advice to credit unions in today's challenging and ever-changing environment.
We counsel credit unions on the most crucial aspects of their business, from structuring major transactions to dealing with scrutiny by the CFPB, NCUA, and state regulators. Our attorneys have litigated thousands of individual and class action lawsuits involving consumer financial services issues in state and federal courts throughout the United States, as well as resolved complex business disputes in arbitration and other alternative dispute resolution processes.
Additionally, we advise credit unions on their combinations with other credit unions, banks, and branch transactions, as well as purchases of loans and other assets by credit unions and credit union service organizations (CUSOs). We also have experience representing credit unions in restructuring and bankruptcy matters.
We offer deep compliance, litigation, and enforcement experience to help our clients navigate the complex set of consumer financial protection laws and regulations facing credit unions.
Our team has extensive experience working with credit unions and CUSOs in connection with banking as a service and other partnership agreements with payments and fintech companies.
Speaking Engagements
03.21.24
Americas Credit Unions - Regulatory Compliance School
Consumer Financial Services Law Monitor
02.06.24
A Closer Look at NCUA’s Consumer Financial Protection and Compliance Expectations
Firm News
02.01.24
Troutman Pepper Releases 2023 Consumer Financial Services Year in Review & 2024 Look Ahead
Consumer Financial Services Law Monitor
01.29.24
NCUA Announces Supervisory Priorities for 2024
Troutman Pepper Financial Services
11.02.23
Update: Members of National Credit Union Trade Associations Overwhelmingly Vote to Merge
Speaking Engagements
10.31.23
NAFCU "Check and Wire Fraud - Who Bears the Risk?" Webinar