Join the Discussion to Hear about Benefits and Requirements for Buyers, Sellers
ALEXANDRIA, Va. (Aug. 26, 2015)
– Credit unions considering participation lending can get valuable information during an upcoming webinar, “Participation Lending in a Safe and Sound Manner,” offered by the National Credit Union Administration.
The 90-minute webinar is scheduled for Wednesday, Sept. 16, beginning at 2 p.m. Eastern. Online registration is available here
. Participants will also use this link to log into the webinar. Registrants should allow pop-ups from this website. There is no charge.
Vanessa Lowe, economic development specialist with NCUA’s Office of Small Credit Union Initiatives, is joined by Mike Dorsett, president of Portfolio Performance, LLC, and Ian Lampl, chief executive officer of LoanStreet, to discuss participation lending issues including:
- Benefits of participation lending for buyers and sellers,
- The three levels of due diligence for participation buyers,
- Buyer and seller side case studies, and
- Participation solutions in partnership with corporate credit unions.
Participants may submit questions in advance at WebinarQuestions@ncua.gov. The subject line of the email should read, “Participation Lending.” Participants with technical questions about accessing the webinar may email email@example.com. The webinar will be closed captioned and then archived online here approximately three weeks following the live event.
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, minority depository institutions 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 account holders in all federal credit unions and the overwhelming majority of
state-chartered credit unions. At MyCreditUnion.gov, NCUA also educates the public on consumer protection and financial literacy issues.