NCUA Hosting Webinars on Member Business Lending for Small Credit Unions
Learn How to Start a Safe, Sound and Successful Program
ALEXANDRIA, VA (August 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 email@example.com.
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 U.S. Government, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 94 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions.