Judy T. Chen

Judy Chen is senior counsel and a member of Chapman's Banking and Financial Services Department and the Compliance, Regulatory and Payments Group. She advises state and national banks, fintechs, credit unions, finance companies, and other financial institutions on regulatory and compliance matters, as well as payment and service agreements.

Judy has extensive experience with consumer protection regulations enforced by the CFPB, OCC, and FDIC, including matters involving deposit and loan products, mortgage lending and servicing, credit cards, internet, and alternative delivery channel issues. She also counsels clients on related issues such as privacy, disclosure, usury, licensing, fair lending, and credit reporting. On the institutional side, Judy advises on lending and credit card programs, corporate policy matters, transactional regulatory diligence, and compliance management programs. She also assists clients with regulatory examinations and investigations.

Judy regularly advises on bank and financial services regulatory issues, including the structure and permissibility of new products and services. She assists banks and their fintech partners in structuring and negotiating program agreements, and counsels fintechs on the development and regulatory considerations of their financial products. She also follows developments in banking regulation related to cryptocurrency and digital assets.

Beyond her regulatory practice, Judy advises clients on a variety of outsourcing arrangements, vendor and client services agreements, and mergers and acquisitions, including contracts involving primary processors for bank products, card services, and ATM networks. She also drafts and negotiates treasury management, payment processing, card, and government banking contracts for banks, financial institutions, and fintechs.

Judy started her legal career at Chapman after participating in the firm’s summer associate program. She later moved to Hong Kong to serve as in-house counsel for a leading international financial institution, focusing on collateralized lending and insurance initiatives, before rejoining Chapman in San Francisco. Earlier in her career, Judy was a certified public accountant and worked as an auditor for a large public accounting firm and a public financial services company.