Messick Lauer & Smith P.C. (@MLS_CUlaw) profile picture

Messick Lauer & Smith P.C.

@MLS_CUlaw

Law firm focused on consumer law and lending compliance, fintech & vendor management for credit unions and CUSOs. Affectionately known as "CUSOLaw"

 Media, PA
cusolaw.com
Joined May 2021
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Photo by Messick Lauer & Smith P.C. (@MLS_CUlaw)Photo by Messick Lauer & Smith P.C. (@MLS_CUlaw)Photo by Messick Lauer & Smith P.C. (@MLS_CUlaw)
In the CU's newest episode is a discussion about hot topics in the #creditunion industry: SCOTUS's overturning of the Chevron doctrine, the latest regulatory actions at the #CFPB, as well as an update on the #FTC's final rule to ban noncompete clauses." buzzsprout.com/2081411/15588…
The Post-Chevron Impact on the Credit Union Industry: What Do We Know...

The Post-Chevron Impact on the Credit Union Industry: What Do We Know...

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,...

buzzsprout.com
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We break down the FTC's final rule on #noncompetes and the potential impact for your #creditunion or #cuso in this article cusolaw.com/ftc-final-rule-o…

FTC Final Rule on Non-Compete Ban | Messick Lauer & Smith P.C.

Last week (April 23, 2024), the Federal Trade Commission (“FTC”) issued a final rule to prohibit the use of non-compete clauses in certain employer agreements and policies. The rule will become...

cusolaw.com
FTC (@FTC) profile pictureFTC
@FTC26 Apr 2024
The FTC estimates that the final rule banning #noncompetes will lead to new business formation growing by 2.7% per year, resulting in more than 8,500 additional new businesses created each year. Learn more: bit.ly/3WlmTBN
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Read our latest article about the CFPB's proposed rules as well as recent statements by the NCUA on overdraft and NSF fees. linkedin.com/pulse/cfpb-ncua… #creditunions #cusos #CFPB #NCUA #compliance
CFPB and NCUA focus on "junk fees."

CFPB and NCUA focus on "junk fees."

Overdraft and other fees are a hot topic in 2024. In January, the CFPB proposed a rule, Overdraft Lending: Very Large Financial Institutions, which would rein in excessive overdraft fees charged by...

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A new episode of "In the CU" has dropped. In this podcast, Mike Mulvey returns for a deep dive into the Corporate Transparency Act, a new set of #FinCEN regulations that include reporting obligations that could impact your #CUSO. buzzsprout.com/2081411/14509… #IntheCU #creditunions
The Corporate Transparency Act: A Journey through the Maze - In the CU

The Corporate Transparency Act: A Journey through the Maze - In the CU

Mike Mulvey returns to In the CU for a deep dive into the Corporate Transparency Act, a new set of FinCEN regulations that include reporting obligations that could impact your CUSO.  

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Listen to our newest In the CU podcast episode "An Interview with the Honorable Rodney Hood" at buzzsprout.com/2081411/13986… #NCUA #podcast #cusolaw #creditunions #CUSOs
An Interview with the Honorable Rodney Hood - In the CU

An Interview with the Honorable Rodney Hood - In the CU

Brian Lauer speaks with NCUA Board Member Rodney Hood. 

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We've published a new webinar on the #NCUA Financial Innovation Rule and what it may mean for your organization #creditunions #cusos linkedin.com/posts/messick-l…
Financial Innovation | Messick Lauer & Smith P.C.

Financial Innovation | Messick Lauer & Smith P.C.

🚨 New webinar alert! The NCUA’s new Financial Innovation Rule offers credit unions new and exciting lending opportunities. However, with these new and exciting opportunities come more responsibility...

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Have you amended your FCU bylaws to allow for expanded member expulsion procedures? Check out the linked article and let us know if you have any questions. #creditunions #bylaws #NCUA linkedin.com/feed/update/urn…
FCU Bylaw Amendments will be required for updating member expulsion policy. | Messick Lauer & Smith...

FCU Bylaw Amendments will be required for updating member expulsion policy. | Messick Lauer & Smith...

In the hustle and bustle of the year-end, here's a quick reminder that any federal credit union wanting the flexibility to expel members not in good standing under the updated bylaws will need to...

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We are prepping for a webinar on the #NCUA's amendments to the eligible obligation and loan participation rules. Have a question or concern you'd like to hear discussed during the webinar? Email us at [email protected] #creditunions #cusos #finalrule #lending #webinar
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The #NCUA Board finalized amendments to NCUA Rules & Regulations Part 701 & 714; effective 30 days after publication in the federal register. While we wait for publication, refresh your memory with our podcast on the proposed rule. #Creditunions #CUSOs buzzsprout.com/2081411/12022…
Exploring Two New NCUA Rules with Brian Lauer - In the CU

Exploring Two New NCUA Rules with Brian Lauer - In the CU

In the CU speaks with attorney Brian Lauer about how two new NCUA rules could impact the credit union/CUSO industry. 

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In our new "In the CU" #podcast, we discuss whether your business is considered to be (seriously) a financial institution, what the #FTC's Safeguards Rule is, and what your business needs to know about it. Subscribe today! buzzsprout.com/2081411/13497… #creditunions #compliance
What makes a Financial Institution - with Amanda Smith - In the CU

What makes a Financial Institution - with Amanda Smith - In the CU

A conversation with Amanda Smith about whether your business is considered to be (seriously) a financial institution, what the FTC's Safeguards Rule is, and what your business needs to know about...

buzzsprout.com
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After much anticipation, the NCUa has finally released the final rule that will provide FCUs an easier method for expelling members for cause. #creditunions #NCUA linkedin.com/posts/messick-l…
#creditunions #ncua #bylaws | Messick Lauer & Smith P.C.

#creditunions #ncua #bylaws | Messick Lauer & Smith P.C.

Last week the NCUA Board issued a final rule to amend the standard federal credit union (FCU) bylaws to adopt policy by which an FCU member may be expelled for cause by a two-thirds vote of a quorum...

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Check out our most recent podcast and article on corporate separateness #creditunions #cuso linkedin.com/posts/messick-l…
Corporate Separateness and Avoiding Liability | Messick Lauer & Smith P.C.

Corporate Separateness and Avoiding Liability | Messick Lauer & Smith P.C.

We get questions from time to time when forming CUSOs about what it means for the credit union and the CUSO to have "corporate separateness". In this podcast episode, Mike Mulvey walks through...

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Check out our new webinar on Evaluating Third-Party Relationships. #cusos #creditunions #riskmanagement #NCUA linkedin.com/feed/update/urn…
Third Party Relationships | Messick Lauer & Smith P.C.

Third Party Relationships | Messick Lauer & Smith P.C.

We recently released a new webinar "Evaluating Third-Party Relationships." Third-party relationships can present great opportunities for credit unions to meet their strategic goals and expand member...

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Messick Lauer & Smith P.C. retweeted
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Deda Sphere Inc.@dedasphere23 Jun 2023
Brian Lauer of @MLS_CUlaw and Kerri Donald of @PeachStateFCU shared what’s coming down the compliance pipeline and what credit unions can do to prepare in our customer conference morning sessions. #InnovationDestination2023
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IN THE CU Episode 8 - In this podcast, we take an inside look at the CUSO examination process with former #NCUA Executive Director, Mark Treichel. Email us at [email protected] with questions about topics covered in this podcast. buzzsprout.com/2081411/12829… #cuso #creditunions
Looking at the CUSO Examination Process with Mark Treichel - In the CU

Looking at the CUSO Examination Process with Mark Treichel - In the CU

An inside look at the CUSO examination process with former NCUA Executive Director, Mark Treichel.  Website: https://www.marktreichel.com/Podcast: https://www.marktreichel.com/podcastLinkedIn:...

buzzsprout.com
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🚨"Discussing Third Party Risk Management with Mike Heller" at buzzsprout.com/2081411/12743… In this episode, Associate Attorney Mike Heller discusses the importance of #creditunions utilizing and reviewing a third-party #riskmanagement program and conducting vendor due diligence.
Discussing Third Party Risk Management with Mike Heller - In the CU

Discussing Third Party Risk Management with Mike Heller - In the CU

In this episode, Associate Attorney Mike Heller sits in the guest seat to discuss the importance of credit unions utilizing and reviewing a third-party risk management program and things to think...

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Messick Lauer & Smith P.C. retweeted
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Cornerstone League@CornerstoneCUL19 Apr 2023
Register for Fintechs: Friend, Enemy, or Frenemy (April 27, 10 a.m.) to learn how to build successful fintech ecosystems. Panel includes Nick Evans (@Curql1) and Brian Lauer (@MLS_CUlaw), facilitated by @AnneTHRIVE: ow.ly/AEyy50NM6yr #SCMS #LearningNeverStops
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UPDATE: The public #commentperiod for #FTC's recent proposed rule to prohibit the use of non-compete clauses has been extended to April 19, 2023.  If you have any questions on how it might impact any of your agreements please reach out. #cuso #creditunion ftc.gov/news-events/news/pre…
FTC Extends Public Comment Period on Its Proposed Rule to Ban Noncompete Clauses Until April 19

FTC Extends Public Comment Period on Its Proposed Rule to Ban Noncompete Clauses Until April 19

The Federal Trade Commission voted to extend the public comment period for its proposed new rule

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Today on "In the CU" we chat with Mike Prior, the CEO/President of Priority Financial Group about the legal and industry impacts of a recent rule proposal from the FTC to prohibit the use of non-compete clauses.  feeds.buzzsprout.com/2081411… #creditunions #cusos #FTC #noncompetes
Discussing the Proposed Changes to Non-Compete Clauses with Mike...

Discussing the Proposed Changes to Non-Compete Clauses with Mike...

In the Cu speaks with Mike Prior, the CEO/President of Priority Financial Group about the industry impact of a recent rule proposal from the FTC to prohibit the use of non-compete clauses. “Investm...

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In conjunction with our recent "In the CU" podcast episode, this article written by Partner Amanda Smith goes into greater detail on the benefits of creating a charitable foundation. linkedin.com/posts/messick-l… #creditunions #cusos #collaboration #foundations
Four Benefits of Founding a Charitable Foundation | Messick Lauer & Smith P.C.

Four Benefits of Founding a Charitable Foundation | Messick Lauer & Smith P.C.

In conjunction with our recent "In the CU" podcast episode, this article written by Partner Amanda Smith goes into greater detail on the benefits of creating a charitable foundation. If you missed...

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