Lending trends your credit union needs to know now

by NAFCU

A successful lending program requires having more than great loan products. With the recession continuing, it’s more important than ever to grow your credit union’s lending portfolio. NAFCU’s Virtual Lending Conference, October 14 – 15, will help you navigate through the new lending landscape and keep your lending pipeline strong.

In addition to innovative lending practices, ideas, and strategies, you’ll learn about trends that can help maximize your lending. During the conference, you can take advantage of several sessions dedicated just to strengthen your understanding of the most up-to-the-second economic, credit, auto, and technology trends that impact lending. 

Some of the sessions include:

  • Key Economic Trends Affecting Credit Union Lending 

Join the Bowtie Economist, Elliot Eisenberg, Ph.D., as he discusses all-new data points about the current and expected health of the economy, including the depth and breadth of the current decline in GDP, the timing of the recovery, auto lending, home loan activity, inflation, the impact of the just-passed CARES Act and more.

  • Panel Discussion: Credit Card Programs: The Trends, Insights and Future of Payments

Review the current credit card market and what to expect in the future amidst business lockdowns, layoffs, and consumer health.

  • Panel Discussion: The State of the Auto Finance Market

Discover the latest trends within the automotive finance market to help your credit union prepare for 2021, including updates on delinquency rates, subprime lending, changing competitive market share, and more.

  • Emerging Trends in Technology and Data to Improve Loan Quality

Review best practices for leveraging technology to improve loan quality from origination to delivery. With advancements in technology, complex tasks such as auditing processes can now be automated to a high degree with accuracy rates superior to traditionally manual processes.

You’ll gain all these takeaways and more at NAFCU’s Virtual Lending Conference. View the agenda and see more sessions built to help your lending pipeline push through the recession and grow. Unable to watch during the event dates, or want to re-watch a session? Your registration gives you access to on-demand recordings of all conference sessions! You can also save $150 on already-low virtual pricing with code LENDTRENDS when you register by October 9, 2020.