Introducing CCUL: Regulatory advocacy among top priorities
Thursday, January 30, 2014
In today’s regulatory environment it is more important than ever that credit unions in the Carolinas have a strong regulatory advocate. That is part of the powerful vision of the Carolinas Credit Union League (CCUL), and VP Regulatory/Compliance Counsel Jeanne Couchois will help fulfill it as point person for CCUL’s regulatory advocacy efforts. Jeanne brings 20-plus years of credit union compliance experience to the team and already works with many credit unions in resolving exam issues with state and federal regulators.
|Jeanne Couchois, |
VP Regulatory/Compliance Counsel
CCUL’s goal is a focused regulatory advocacy program that reflects the concerns and needs of member credit unions. To accomplish this, the league will continue to develop and foster relationships with regulators at the national, regional, and local levels, positioning CCUL best for voicing member concerns and resolving exam-related issues.
The league also will issue regulatory alerts for proposed rules it believes will have significant impact on member credit unions in both Carolinas. These alerts will detail each proposed rule and ask for responses on specific potential impact at each credit union. Feedback gathered through this method will enhance CCUL's own formal comment on the same proposals and as a result the integrity and effectiveness of each perspective.
Lastly, CCUL has reframed The Regulatory Report, a publication familiar to North Carolina credit unions, and will use it only as needed to disseminate CCUL regulatory alerts while the CUNA Regulatory Advocacy Report provides comprehensive analysis of all regulatory issues credit unions face. The adjustment will significantly reduce duplication of information and allow league compliance staff to focus effort in other areas. CCUL will make sure current subscribers to The Regulatory Report are added to the CUNA Regulatory Advocacy Report distribution list. Anyone not wishing to receive the report can unsubscribe through CUNA.org at any time.
Jeanne Couchois welcomes questions or comments on CCUL's regulatory advocacy efforts at firstname.lastname@example.org or 800-822-8859, ext. 9065. The Carolinas Credit Union League looks forward to working with each member on these regulatory matters and welcomes all thoughts and feedback.
"In the Loop” will be "Introducing CCUL” to you over the next few months through these weekly pieces.These introductions will share changes in staffing and services for credit unions provided by the Carolinas Credit Union League.