Credit unions face unique operational and regulatory issues alongside the challenges common to all financial institutions. Troutman Pepper Locke attorneys understand the mission of credit unions and offer comprehensive, business-oriented legal advice in today’s dynamic environment.
We counsel credit unions on crucial aspects of their business, from structuring major transactions to navigating regulatory 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 across the United States and have resolved complex business disputes through arbitration and other alternative dispute resolution processes.
Our team offers deep regulatory compliance, investigations, enforcement and litigation experience to help clients navigate the complex set of consumer financial protection laws and regulations facing credit unions. We also have extensive experience working with credit unions and CUSOs in connection with banking-as-a-service and other partnership agreements with payments and fintech companies.
Additionally, we advise credit unions on mergers with other credit unions and banks, branch transactions, and purchases of loans and other assets by credit unions and credit union service organizations (CUSOs). We also represent credit unions in restructuring and bankruptcy matters.
