The Need for Compliance

In today's heavily regulated environment, it is critically important that credit unions address compliance. Why focus on compliance? Credit unions that violate laws and regulations expose themselves to potentially crippling sanctions and/or civil money penalties from government agencies or potentially devastating lawsuits. The best prevention is an educated and well-trained staff who understand the regulations that dictate how organizations must conduct their business and who have the necessary tools to implement the regulatory requirements.

Through a variety of compliance programs, The Rochdale Group can work to protect your interests and reputation from the threat of compliance failure.

The Rochdale Group Launches Breakthrough in RBL Revalidation Technology - PRESS RELEASE               TRG announces the introduction of "e-Revalidation," a proprietary remote technology revalidation designed to test 100% of a credit union's risk-based loan portfolio.  The technology, combined with TRG's expertise in compliance and risk-based lending design, delivers comprehensive reviews of credit unions' risk-based lending and pricing models.

"Group of Large CUs Recommends Major Consolidation of the Corporate System" from the CU Times    Click on the above link to read the CU Times's article about the Rochdale Group's involvement with a group of credit unions to develop solutions to the issues surrounding corporate credit unions.  CLICK HERE to download the ANPR submission to the NCUA.

STUDENT CU CONNECT - "TRG Administers New Private Student Lending Program & Credit Union Membership Opportunity"
Seven credit unions have partnered to form a collaborative effort to provide private education loans to students of ITT Technical Institutes. 

Download the "Member Business Lending Independent Review" White Paper
The Requirements for Independent Review of a Credit Union's Business Lending Process and for Independent Loan and Portfolio Review.

Download "The Interdependent Credit Union" White Paper
A Rationale & Blueprint for the Design & Development of a Collaborative Business Model for the Reduction of Common Operating Expenses" by Rochdale Group Partner Michael Hales.

Credit Union Journal Article "Why CUs Must Cooperate" Dan Kampen Interview
Read Dan Kampen's interview with the CU Journal on why greater cooperation is going to be vital to the continued success of the credit union movement.

Mike Hale's Interview with the CU Times on Member Business Lending
Read Mike Hales' interview with the CU Times on how small business owners' uncertainty may set the stage for credit unions to pursue.  "I think credit unions are well prepared to do more business lending than banks."