Compliance & Operational Support
The League of Southeastern Credit Unions' Compliance team delivers compliance advice, information, and recommendations providing authoritative, definitive, and accurate information that assists in the day-to-day operations of affiliate credit unions to save time and money. With the Compliance team’s knowledge and access to a vast network of compliance information and InfoSight, an Internet-based compliance system, no stone goes unturned in the search to answer your questions. The resulting savings in both time and money make a call to the League, or a visit to InfoSight, a vital first step for a credit union to take.
If you have questions or would like more information about regulatory compliance, contact LSCU, VP Regulatory Affairs Bill Berg at 866.231.0545 or Director, Compliance Scott Morris at ext. 2165. Credit unions are also encouraged to call the LSCU Compliance Hotline at 866.231.0541 with any regulatory or compliance questions.
2011 LSCU Compliance Call Series
June Call
The second LSCU Compliance Call is again hosted by Bill Berg and features Chad D. Heckman, lawyer/partner with Thrasher & Heckman, P.A., based in Tallahassee, FL. Heckman regularly speaks and writes on topics relating to creditor rights, bankruptcy, foreclosure law, and related litigation. The Compliance Call will focus on "Collection Strategies to Avoid Pitfalls & Get Better Results."
- Chad Heckman's PowerPoint
- Audio recording of the call - new June 3
February Call
The LSCU Compliance Call was hosted by LSCU VP of Regulatory Affairs Bill Berg and featured CUNA Director of Compliance of Regulatory Affairs Valerie Moss as a guest speaker. The call also featured timely topics such as the SAFE Act and the ATM ADA Compliance.
Disaster Recovery Resources
The LSCU encourages all credit unions to have an up-to-date disaster plan in place. Below are resources to help credit unions put a plan in place and also stay in contact with members, if a disaster happens.
S.A.F.E. Act Resources
LSCU works to provide members with important information regarding regulations and legislation resources that affect them. The Secure and Fair Enforcement for Mortgage Licensing Act (S.A.F.E. Act) requires any credit union employee who acts as a residential “mortgage loan originator” (as defined in this policy) to register with the Nationwide Mortgage Licensing System and Registry (“Registry”), to use the Registry’s unique identifier as required, and maintain this registration.
ATM ADA Standards
This is your resource for ATM ADA's guidelines and information.
Garnishment Guidelines
This section covers guidelines for Garnishment of Accounts containing federal benefit payments.
Research and Economic Data
This page houses the various research and economic data available to member credit unions. Call report data is analyzed by LSCU Vice President, Regulatory Affairs Bill Berg on a quarterly basis. He puts together profiles of Alabama and Florida. Credit unions can find those reports here, as well as other pertinent economic data. Industry research will also be housed on this page.