Learn Best Practices to Enhance Auto Lending While Managing Risk
ALEXANDRIA, Va. (Oct. 28, 2015) – Credit unions seeking to expand auto lending in a highly competitive market can get helpful information from an upcoming webinar, “Automobile Lending,” hosted by the National Credit Union Administration.
This 90-minute webinar will be held Wednesday, Nov. 18, beginning at 2 p.m. Eastern. Online registration is available here. Participants will use this same link to log into the webinar. Registrants should allow pop-ups from this website.
Certificates of attendance will be offered to those attending the webcast for 45 minutes, answering three out of four poll questions and passing the quiz at the end of the session. There is no charge for the webinar.
Dominic Carullo, an economic development specialist with NCUA’s Office of Small Credit Union Initiatives, will be joined by Jack Jordan, chief lending officer at Velocity Credit Union, and John J. Flynn, chief executive officer of Open Lending, LLC. They will cover topics like:
- Harvesting auto refinance loans from the field of membership;
- Building automobile loan volume with loans to members with lower credit scores;
- Optimizing the value of each loan application; and
- Managing the risk of non-prime loans.
Participants may submit questions in advance at WebinarQuestions@ncua.gov. The subject line of the email should read, “Automobile Lending.” Participants with technical questions about accessing the webinar may email email@example.com. This 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.