Mike Blalack is a founding shareholder and principal of Blalack & Williams. Since 1975, Mike has focused exclusively on the representation of state and federal credit unions with a particular concentration in the areas of lending and deposit account system development, consumer credit and collections issues and collections litigation. Mr. Blalack was instrumental in the development of many of the earliest open-end credit products in the industry, and he is an acknowledged authority on the truth-in-lending and truth-in-savings issues, secured transactions and bank deposits and collections. He has conducted hundreds of seminars and is a frequent lecturer across the country for state credit union leagues, trade associations, credit union chapters and individual financial institutions. He is a member of the Dallas Bar Association and the Consumer Law section of the State Bar of Texas.  He provides frequent counsel to financial institutions on matters affecting directors' and officers' duties and responsibilities.