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7 ADVERTISING COMPLIANCE TIPS FOR CREDIT UNIONS (WEDNESDAY, AUGUST 20, 2014)

Every credit union advertises. And, every credit union faces the same question: what disclosures are required on my advertisement? Often, there are internal discussion and meetings (fights?) at the credit union – most likely involving those responsible for marketing and those responsible for compliance.

How can credit unions understand and manage the compliance risks related to their advertising? I’ve been fortunate to work with credit unions throughout the country – first as the lead compliance attorney at NAFCU and now in private practice. Based on this experience (I’ve spent a good deal of time “in the weeds” of the overlapping regulations), below are my 7 Advertising Compliance Tips for Credit Unions. More…