The latest from Steven Van Beek

Oct 30, 2014 - by Steven Van Beek, Howard & Howard

Avoiding UDAAP – 7 steps to reduce risk

Credit unions must review for unfair, deceptive or abusive acts or practices Historically, credit unions have used a member-focused approach in their operations with products, services and an overall strategic ...

Jul 28, 2014 - by Steven Van Beek, Howard & Howard

A regulatory change that will save credit unions money?

Indeed. As credit unions work to implement their TILA/RESPA mortgage disclosure game plans and convince NCUA to dramatically change – and then repropose – their Risk-Based Capital rule, there is a ...

Apr 28, 2014 - by Steven Van Beek, Howard & Howard

3 actions to help decipher 1,888 pages

By now, most credit unions have seen the statistic 1,888 – the number of pages of the Consumer Financial Protection Bureau’s latest mortgage regulation. Of course, the 1,888 ...

Apr 10, 2014 - by Steven Van Beek, Howard & Howard

5 common credit CARD act violations

It has been almost five years since the Credit CARD Act was passed by Congress and more than four years since the compliance dates set by the Federal Reserve Board (...

Jan 21, 2014 - by Steven Van Beek, Howard & Howard

Start off strong – CFPB’s new integrated mortgage disclosures

The importance of understanding which new mortgage requirements apply to which loan product (and which credit union) was certainly a key issue as credit unions worked diligently to implement the ...

Oct 24, 2013 - by Steven Van Beek, Howard & Howard

Disclosure trends increase compliance risks

One of the unmistakable trends is the prescriptive nature of new disclosure requirements. As regulators – especially the Consumer Financial Protection Bureau (CFPB) – establish new (or amended) disclosure requirements, they are ...

Aug 26, 2013 - by Steven Van Beek, NAFCU

How Can Credit Unions Create a Culture of Compliance?

In the post-Dodd-Frank world, regulatory compliance has taken on a new meaning. Where once small credit unions could stay on top of regulations with just one compliance officer, many credit ...

Steven Van Beek

Attorney & Counselor
Howard & Howard

Web: www.howardandhoward.com

Mr. Van Beek concentrates his practice in the area of financial regulations. He has extensive knowledge of regulations and guidance issued by the Consumer Financial Protection Bureau, the National Credit Union Administration, the Federal Reserve Board as well as the underlying legal statutes. Beyond the regulations, Mr. Van Beek has intimate knowledge of the operational issues facing credit unions and best practices credit unions can follow to reduce compliance, strategic and reputation risks. Mr. Van Beek is a frequent speaker at national and regional industry events delivering information on new and existing laws and regulations impacting financial institutions.

Prior to joining Howard and Howard, Mr. Van Beek served as the Vice President of Regulatory Compliance and Senior Federal Counsel at the National Association of Federal Credit Unions (NAFCU). There, he was responsible for all aspects of NAFCU's compliance assistance program and compliance-related products and services. In this role, he authored compliance articles for NAFCU publications, including the popular NAFCU Compliance Blog.

Mr. Van Beek received his B.A., summa cum laude, from Hope College in 2004 and his J.D. from George Mason University School of Law in 2007. He is a member of the American Bar Association and is licensed to practice in the state of Virginia.