For more than 10 years, Woods Rogers Vandeventer Black (WRVB) has operated a credit union human resources hotline for the Virginia Credit Union League (VACUL). Recently, we added a second hotline for regulatory compliance questions. We offer support to both state and federal credit unions and understand the unique set of legal needs associated with a credit union’s structure, its members, and governance.
Services
Member Business Loans
Whether creating new loans, perfecting collateral, or managing problem loan workouts, our attorneys are available for all stages of commercial lending. Our expertise in member business loans allows us to assist with large and small secured transactions. Our emphasis on representing financial institutions and our occasional representation of borrowers provides a unique breadth of perspective and knowledge.
Bankruptcy & Litigation
Woods Rogers Vandeventer Black’s bankruptcy group guides creditors through the complexities of bankruptcy, helping to achieve fair agreements under difficult circumstances. We can assist lenders in developing plans to avoid problems in the bankruptcy process because we strive to anticipate issues in advance. Our areas of service include asset protection, collections, foreclosures, liens, loan workouts, and recovery of property. In addition, should a need for a trial arise, our litigation attorneys have the depth, knowledge, and experience to bring the proper skills and expertise to legal proceedings.
Corporate Governance
For organizations large and small, including non-profits, successful business begins with sound governance. Woods Rogers Vandeventer Black assists managers and boards of directors with formulation of corporate policies and strategic goals, review of significant actions or transactions, and counsel on matters fundamental to the success of the entity, including evaluation of internal systems and controls and financial statements.
Cyber Security & Data Privacy
Woods Rogers Vandeventer Black advises companies large and small on privacy and cybersecurity issues. We assist companies in a variety of industries that have been impacted by data breaches. We believe in a proactive approach to counsel on cybersecurity—meaning it’s not a question of “if”, but “when”—and we offer regular training on the importance of establishing a Cyber Security Task Force that runs the scenario of a breach regularly. We know a cyberattack is not just a problem for an IT department; it can affect a company’s entire workforce and operations.
Labor and Employment
Woods Rogers Vandeventer Black’s labor and employment attorneys help employers find solutions to workplace issues. We are ranked by U.S. News & World Report as a Tier 1 Metro Area Law Firm in the following areas: Employment Law–Management; Labor Law–Management; Litigation–Labor & Employment; and Employee Benefits (ERISA) Law. We are also well-versed in federal contracting rules that apply to credit unions, as well as the issues human resources professionals encounter on a daily basis—from evaluating employee performance fairly and lawfully, to document retention policies, social media use guidelines, and more.
Regulatory Compliance & Compliance Training
As the pace of regulatory changes increases, it is more important than ever for credit unions to remain up to date and compliant. From truth in lending and mortgages, to fair lending and deposit services, Woods Rogers Vandeventer Black can assist credit unions with up-to-date compliance responsibilities. In addition, Woods Rogers Vandeventer Black’s CUNA Compliance certified attorneys create training programs for credit unions that include understanding the legislative and regulatory process, tracking proposed rule-making actions, and implementing final rules.
