Jennifer Winston, Mike Mulvey, and Mike Heller break down the latest at the NCUA with the recent removal of Board Members Harper and Otsuka - the timeline of events, the current lawsuit, and what the NCUA may or may not be able to do with only a one member Board.

We are seeing an uptick in questions about the purchase of loan participations. Jenn Winston steps into the host chair to ask Mike Heller why loan participation purchases are attractive to both buyers and sellers, as well as what regulatory requirements buying credit unions should be aware of.

Mike Mulvey discusses what your credit union should be considering when acquiring an existing business to operate as a CUSO. We talk about how to legally structure these transactions, due diligence considerations in finding the right business, operating the business in accordance with CUSO regulations, and more!

We have a full house Messick Lauer & Smith podcast episode to discuss the impact of the 2024 elections on the credit union and CUSO industry. This full roundtable discussion covers the transition at the NCUA and CFPB and also includes a host of other relevant industry topics that we are all keeping an eye on as we move from the Biden administration to a second Trump administration.

Mike and Mike are on the podcast today to discuss what credit unions are thinking, and what CUSOs should be thinking about regarding data security and confidentiality protections in credit union due diligence and contract writing and negotiating. These protections are topics covered in every critical service contract and this podcast includes some tips and industry best practices to better help the information sharing and contract negotiation processes go smoother and more quickly.

Mike, Jenn, and Mike have a roundtable discussion about the latest hot topics in the credit union industry including the Supreme Court's Loper Bright decision that overturned the Chevron doctrine, some of the latest regulatory actions at the CFPB, and an update on the FTC's final rule to ban noncompete clauses.

Today, we are once again joined by Jenn Winston and Mike Mulvey to discuss the latest developments from the CFPB regarding their focus against junk fees. After Jenn discusses recent actions taken by the CFPB and their impact on the credit union industry, Mike Mulvey has some ideas and actions that credit unions can and should be thinking about to replace the potential loss of non-interest income.

In this episode, Jenn Winston sits down with Mike Heller to discuss the CFPB's new proposed Personal Financial Data Rights rule. Mike answers questions about what credit unions, CUSOs, and fintechs need to know so they can be ready when the final rule is published in the fall.