Newsroom

March 25, 2015

NAFCU 2015 Credit Union Compliance GPS updated

Credit union compliance, audit and risk professionals can learn about the latest regulations, laws and guidance affecting the credit union industry with NAFCU's 2015 electronic Credit Union Compliance GPS.

The 2015 GPS has more than 30 pages of new material. Additions to this updated, must-have electronic manual include the most recent information on CFPB's Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA) integrated mortgage disclosures rule.

"With more than 600 pages, the GPS explains complex regulatory language in plain English. It covers everything from the basic anatomy of a federal credit union to specific regulations from the NCUA, the CFPB and more," said JiJi Bahhur, NAFCU's director of regulatory compliance. "The GPS is an unbelievable value because credit unions can purchase one GPS manual and share it with their entire organization at no extra cost."

Additional highlights of the 2015 edition include:

  • updates on major regulatory changes over the past year;
  • improved user-friendly search functions with additional bookmarks and hyperlinks;
  • study tips following each section for those studying to take the NAFCU Certified Compliance Officer (NCCO) exams; and
  • access to NAFCU's unique Scope & Applicability Charts to help credit union compliance professionals better understand CFPB's mortgage rules.

Free copies of the 2015 edition will be given to attendees at NAFCU's 2015 Regulatory Compliance School, slated next week in Arlington, Va.

Visit www.nafcu.org/gps to learn more and to purchase the manual.