Do you know what is required when the credit union wants to advertise its loan products? In this session, we will cover the trigger terms and associated regulatory requirements for closed end loans and open-end lines of credit both on the consumer and the mortgage loan side. There are also specific requirements if you have an application online that can be used to apply for a credit card or a Home Equity Line of Credit. In addition to Truth in Lending, and Equal Housing Act requirements, we will also spend time understanding the new implications caused by Dodd-Frank’s Unfair and Abusive and Deceptive Acts and Practices and how it will impact your marketing and promotion of the credit union’s loan products.
Speaker: Mary Lou Heighes CUCE, is President and founder of Compliance Plus, Inc. Mary-Lou has been involved in the credit union movement since 1989. She spent 5 years working in credit unions, in almost every position. Like many credit union veterans, she has worn many hats - loan officer, marketer, collector, and the all-encompassing OTHER DUTIES AS ASSIGNED. That background made for an easy transition to the Research and Information Department at the California Credit Union League where she spent 7 years providing compliance assistance through the Information Hotline and writing and editing TIPs bulletins advising credit unions to changes to regulations affecting credit union business.
Over $75 million - $109 per telephone connection
$7-$75 million - $89 per telephone connection
Under $7 million - $59 per telephone connection
An audio archive is available at no additional charge and can be accessed for 60 days after the live session. Instructions on accessing the archive will be sent with your connecting instructions and confirmation.
Scholarships are available for all KCUA education events. Scholarships pay 100% of registration fee for credit unions under $7M, 50% for credit unions between $7-$75M and 25% for credit unions over $75M.
Sorry, no cancellations are allowed after connecting instructions and handout materials have been sent to registrants. Substitutions are welcomed and encouraged.