Sleepless in Seattle
Nearly 200 credit union professionals from around the country gathered in Seattle last week for the NAFCU regulatory compliance seminar.
“As credit unions continue to face a rising tide of new and evolving regulations, it is imperative that compliance officers, and other key players at the credit union, obtain in-person education,” said NAFCU Director of Regulatory Compliance Steve Van Beek, one of the conference’s presenters. “The ability to network and develop relationships with colleagues throughout the country will pay dividends down the road as credit unions strive to stay up-to-date with regulatory changes.” Among those providing their insights were members of NAFCU’s regulatory compliance team, including Van Beek and Regulatory Compliance Counsel Michael Coleman. A variety of topics were addressed, including the Consumer Financial Protection Bureau, social media compliance, TILA/RESPA mortgage disclosures, upcoming mortgage servicing requirements, fair lending issues and the latest on overdraft protection.