Credit Unions
As part of the Firm’s commitment to the communities within its footprint, the Firm proudly supports the efforts of credit unions.
The Firm provides general counsel services to credit unions as well as more specific services such as document reviews, NCUA appeals, and training. Credit unions provide their communities indispensable financial services, and the Firm strives to provide credit unions a robust suite of low-cost services as part of its commitment to being ethical and neighborly. Statute, Regulation, Caselaw, and Administrative
General Counsel & Strategic Legal Support
Our attorneys act as trusted General Counsel to credit unions, providing guidance on all legal matters, including regulatory compliance, governance, and dispute resolution. We are responsive partners in navigating day-to-day legal needs and long-term strategies.
Guidance Review
S&E keeps track of new and changing laws, reviewing all statutes, regulations, caselaw, and administrative guidance that might affect our clients and their operations. The Firm communicates to clients all new and updated laws that our clients must be aware of.
Regulatory Monitoring & Compliance
We monitor and analyze evolving statutes, regulations, case law, and administrative guidance to ensure our clients remain compliant with federal and state requirements. We proactively communicate changes and help implement updated processes.
Document & Contract Review
We offer detailed legal reviews of credit union documents for consistency, enforceability, and risk mitigation, including:
- Vendor Contracts
- Loan Templates
- Internal Governance Documents
NCUA Appeals & Reconsideration Requests
We represent credit unions in administrative appeals and reconsideration requests related to NCUA audits or enforcement actions, advocating for fair and favorable outcomes.
Title Services for Real Estate Transactions
Stern & Eisenberg offers a full range of title services to support seamless residential and commercial real estate transactions. Our experienced attorneys provide thorough title reviews, resolve complex title issues, and facilitate closings with precision and compliance. Whether representing lenders, buyers, or sellers, our team ensures a smooth process from contract to closing.
Our Closing Services Include:
- Comprehensive Closing Preparation:Â We coordinate all aspects of the closing process, including document preparation, title review, and compliance with state and local laws.
- Title Examination and Resolution: Our attorneys conduct thorough title searches, address any defects, and ensure clear and marketable title transfer. Through our affiliated agency, Terra Abstract, we offer seamless title services, enhancing the efficiency and reliability of your transactions.
- Review and Preparation of Closing Documents:Â We draft and review purchase agreements, deeds, loan documents, and other essential paperwork to ensure accuracy and protect your interests.
- Coordination with Stakeholders:Â We work closely with buyers, sellers, lenders, title companies, and other parties to streamline communication and avoid delays.
- Settlement Services:Â Our team oversees the final settlement, ensuring all funds are properly distributed and legal requirements are fulfilled.
- Post-Closing Support:Â We handle post-closing matters, such as recording deeds and resolving any outstanding issues, to complete the transaction seamlessly.
Ethical & Process Guidance
Our team advises credit unions on ethics rules and operational processes to align with legal obligations and community expectations. We help structure internal systems to reflect best practices and mitigate risk.
Information Security & Privacy
Stern & Eisenberg maintains ISO-compliant internal systems and assists clients in strengthening their own information security and privacy policies. We safeguard all nonpublic personal information (NPII) and conduct annual privacy training for staff.
Auditing & Reporting
Our Quality Assurance team performs routine audits on client milestones, holds, and system integrations. Through our case management system, we provide transparent, timely, and accurate reporting to our clients.
Training & Education
We deliver client-specific training, onsite, virtual and hybrid, covering compliance, regulatory changes, and operational best practices. Training is also embedded in our firm culture, ensuring our staff is aligned with client expectations from onboarding through annual refreshers.
How Stern & Eisenberg Can Support Your Legal Needs?
Secured Transactions Expertise
- Drafting, reviewing, and negotiating agreements where collateral is pledged to secure loans.
- Ensuring proper documentation, including security agreements, financing statements, and lien perfection.
- Advising on Uniform Commercial Code (UCC) compliance to safeguard creditor interests.
Creditors’ Rights Advocacy
- Representing creditors in debt collection, repossession, and enforcement of judgments.
- Navigating bankruptcy proceedings to protect secured claims and recover assets.
- Managing foreclosures, evictions, and REO services for real estate collateral.
Risk Mitigation and Recovery:
- Assessing and addressing potential risks in secured transactions to minimize losses.
- Developing strategies for debt restructuring, loan workouts, and asset recovery.
Regulatory Compliance:
- Assisting with adherence to state and federal laws governing secured transactions and creditor actions.
- Providing guidance on evolving regulations to ensure ongoing compliance.
Litigation and Dispute Resolution:
- Representing clients in complex commercial and financial litigation, including breach of contract, fraud, and priority disputes.
- Pursuing efficient resolutions through negotiation, mediation, or court proceedings.
Credit Union
As part of the Firm’s commitment to the communities within its footprint, the Firm proudly supports the efforts of credit unions. The Firm provides general counsel services to credit unions as well as more specific services such as document reviews, NCUA appeals, and training. Credit unions provide their communities indispensable financial services, and the Firm strives to provide credit unions a robust suite of low-cost services as part of its commitment to being ethical and neighborly.
