Financial Institution Regulation

Federal Bank Regulation - Federal or State Chartered Credit Unions

The attorneys at Mitchell Pollack & Associates advise state and federally chartered financial institutions about regulatory compliance and enforcement issues. For dependable advice about your bank or credit union's rights and obligations, contact a  credit union and bank regulation lawyer at either our Westchester County office in Tarrytown or our New Jersey office in Mahwah.

Our lawyers are familiar with the complex jurisdictional and regulatory relationships between various state and federal agencies and the financial institutions they regulate. Whether your institution is chartered under state or federal law, we keep current with the latest regulatory developments, interpretive rulings, and enforcement decisions at each of the following agencies:

• New York State Banking Department
• New Jersey State Banking Department
• Federal Reserve Board
• National Credit Union Administration
• Office of the Comptroller of the Currency
• Office of Thrift Supervision
• Federal Deposit Insurance Corporation

Taken together, the regulations and orders issued by these agencies can affect practically every aspect of any financial institution's business, from loan portfolio composition to investment choices. For most banks and credit unions, several of these agencies will have overlapping and simultaneous jurisdiction over different facets of their operations.

Our goal is to make sure that your bank or credit union's safe lending practices and sound investment policies satisfy all of your regulatory obligations. We can advise you on questions ranging from the right of offset in a defaulted loan to the implementation of polices designed to strengthen internal checks and balances. For further information about the scope of our services in state and federal financial institution regulation, contact one of the banking lawyers at Mitchell Pollack & Associates.