EVENT:
How to Improve Website Regulatory Compliance (Session Code: 625)
Websites are subject to the same federal consumer protection laws and regulations as other marketing channels. However, we see credit unions often overlook the compliance requirements applicable to websites. During this session, we will discuss the root causes of compliance not being fully considered in the website process as well as how to better integrate compliance into the process.
Risks associated with non-compliant websites have never been greater. There are an unprecedented number of regulatory compliance changes impacting credit unions and websites have not been spared. Examiners will be spending more time reviewing credit union websites for compliance as the Consumer Financial Protection Bureau ramps up its compliance initiatives. To help prepare you, we will describe the most common compliance violations we find on credit union websites. We will provide actual examples of compliance violations and explain how to correct them.
Regulations and regulatory requirements covered include the following:
Regulation Z
Truth in Savings
NCUA Insurance Advertising
UDAAP
Regulation B
Equal Housing Lending Logo
Illinois Pricing:
Affiliate: $ 100.00
Non-Affiliate: $200.00
Out of State Pricing:
Regular: $ 150.00
Contact: Drew Kayvani (Illinois Credit Union League)
Phone: 630-983-3418
Fax: 630-983-3212
Email: drew.kayvani@ilcusys.org