Learn How to Start a Safe, Sound and Successful Program
ALEXANDRIA, Va. (Aug. 21, 2013) – The National Credit Union Administration will host two free webinars on member business lending for small credit unions next month.
The first webinar, “Strategy and Policy,” will be offered Tuesday, Sept. 17, at 2 p.m. Eastern. The second, “Underwriting,” will be offered Wednesday, Sept. 25, also at 2 p.m. Eastern.
“Prudent member business lending is an important investment in communities, and it strengthens a credit union’s balance sheet,” NCUA Board Chairman Debbie Matz said. “Credit unions are frequently the only lenders willing to make small loans to expand a car repair shop, start a daycare center or open a corner bodega. Member business lending also diversifies credit union portfolios and improves their ability to withstand economic cycles.”
Staff from NCUA’s Office of Small Credit Union Initiatives and NCUA Region IV’s Division of Special Actions will explain the agency’s requirements for a successful member business lending program. Webinar participants will also hear from a credit union business development specialist who will discuss, step-by-step, how to start a safe and sound program.
Registration for these free webinars is now open. To register for the Sept. 17 webinar, click here. To register for the Sept. 25 webinar, click here. Participants will also use these links to log into the webinars. Registrants should allow pop-ups from these webpages.
Participants may submit questions in advance at WebinarQuestions@ncua.gov for either webinar. The subject line of the email should read “Member Business Lending Webinar.” Participants with technical questions about accessing the webinars may email firstname.lastname@example.org.
NCUA’s Office of Small Credit Union Initiatives fosters credit union development and the effective delivery of financial services for small credit unions, new credit unions and credit unions with a low-income designation.
NCUA is the independent federal agency created by
the U.S. Congress to regulate, charter and supervise
federal credit unions. With the backing of the full
faith and credit of the United States, NCUA operates
and manages the National Credit Union Share
Insurance Fund, insuring the deposits of nearly 100
million account holders in all federal credit
unions and the overwhelming majority of
state-chartered credit unions. At
Pocket Cents, NCUA also educates the public on consumer protection and financial literacy issues.