It Does Affect Credit Unions: Unfair, Deceptive, Abusive Acts and Practices

There is a myth many believe that the Unfair, Deceptive, Abusive Acts and Practices (UDAAP) does not affect credit unions. However, under the Dodd-Frank Act, it is unlawful for any provider of consumer financial products or services or a service provider to engage in any unfair, deceptive or abusive act or practice.

Join your League in the webinar, Unfair, Deceptive, Abusive Acts and Practices (UDAAP) – Developing Policy and Procedures, on Friday, September 11, from 10:00 a.m. to 11:30 a.m. Webinar leader, attorney Todd Sherpy, will first debunk the myth that UDAAP does not affect credit unions. Sherpy will then outline what you need to know and what your credit union should be doing to ensure it meets CFPB's standards.

Attendees will learn the broad scope of issues that are being affected by UDAAP interpretation by CFPB and why it is important to follow these developments in addition to "Defensive Posturing" and how your credit union can best protect itself from risk.  You won't want to miss this webinar—Sherpy will provide timely recommendations on implementing policy and procedures.

To register for this webinar, click here; email Susan Erlandson;or call your League's Member Services at 800.442.6715.