Credit Unions

At Primmer, we understand the complex legal needs that credit unions can have. We pride ourselves on supplying unique legal solutions to help you build the strategies for success. We build long-term relationships and commit to our clients for the long haul.

Our depth of experience in the financial industry allows us to do what we do best: support our credit union partners. Our knowledge enables us to advise credit unions and CUSOs on everything from day-to-day operations to devising long-term strategies in the continually changing financial market.

Some of the ways we work with credit unions include providing regulatory strategies, assisting with bankruptcy and restructuring, advising on commercial and consumer lending, reviewing internal policies and procedures (including employment) as well as operational support. We also provide effective training programs, and can customize training plans to meet the needs of your particular organization.   

Our deep bench of experienced attorneys take a collaborative approach to create long term strategic solutions. And our billing practices are no exception: we offer personalized billing solutions that are right for you. We're happy to configure flat fee and project-based billing options in addition to traditional billing. We find that when we offer more billing options, and our client finds the one that fits for them, they are more likely to reach out regularly and give us the opportunity to be a true partner invested in the success of the business. Which we love. Learn more about our billing philosophy here: LINK

We're an award-winning team and we've got a proven track record of success, We look forward to consulting with you and learning more about how we can assist you.

 

 

Services Provided

Customized & Tailored Trainings

Some of the trainings we have offered in the past include:

Cannabis for Credit Unions	Credit Union Branding	Trademarks for Credit Unions
Subpoena Responses	Commercial Real Estate Lending	Regulation Pitfalls
Bankruptcy Workshops	Deceased Member Issues	Lender Liability Issues
Powers of Attorney, Trust & Guardianship Accounts	Loan Agreements	Notary Law Guidance

 

Internal Policy and Procedures Review

We assist credit unions in reviewing all credit union internal policies and procedures to ensure compliance with the Federal Credit Union Act, NCUA regulations, Federal Credit Union Bylaws and applicable state laws, such as:

BSA /AML Compliance Policy	Records Preservation Policy	401k Investment Policy
Funds Availability Policy	Member Business Lending Policy	SAFE Act Policy
Financial Management Policy	Wire Transfer Policy	Collections Policy
Real Estate Lending Policy	Deposit & Truth in Savings Policy	Information Security Policy

 

Regulatory Strategies

• State & Federal Compliance
• Formation of Federal and State-Chartered Financial Institutions
• Charter Conversions
• Field of Membership Amendments
• Mergers & Acquisitions

Bankruptcy & Restructuring Guidance

• Negotiating Workouts
• Foreclosures and Collection Litigation
• Bankruptcy Proceedings
• General Litigation on all Legal Issues Affecting Credit Unions

Commercial & Consumer Lending

• Negotiation & Documentation of Various Business & Consumer Lending Transactions
• Mortgages
• Credit Cards

Employment Practices: Review & Guidance

• Counseling on Employment Practices
• Preparation of Personnel Policies & Manuals
• Contract Negotiation
• Counseling on Compliance with State & Federal Statutes

Operations

• Responding to Trustee Process, Subpoenas & Levies
• Trust & Estate Accounts, Powers of Attorney & Deceased Member Issues
• Internal Policy Review & Drafting
• Corporate Governance
• Intellectual Property & Trademark Protection
• Privacy & Data Security
• Retail Products & Services

Billing on a Different Level

• Flat-Fee & Project-Based Billing to Suit Your Needs
• Tiered Membership Program Depending on your Volume of Legal Services
• You Choose whether your Individual Projects will be billed by Flat-Fee, or with the Traditional 'Time & Expense' Model
• See our Billing Philosophy here.