ALBANY, N.Y. (4/12/13)--The Credit Union Association of New York's 2013 Lending School demonstrated the cooperative nature of the credit union movement, with three attendees travelling from the U.S. Virgin Islands to Albany, N.Y. to participate in the event.
From left, Kerri Bess of Mid-Island FCU, Richard Schrader of Frederiksted FCU and Barbara McIntosh, also from Mid-Island FCU, travelled from the U.S. Virgin Islands to Albany, N.Y., to participate in the Credit Union Association of New York's 2013 Lending School. (Photo provided by Credit Union Association of New York)
Virgin Island credit union professionals Kerri Bess and Barbara McIntosh of Mid-Island FCU, St. Croix, V.I, and Richard Schrader of Frederiksted (V.I) FCU, joined credit union representatives from throughout New York to gain a better understanding of the lending market.
"This session reassured me that we're going in the right direction, but there are also better ways we can approach things," said Bess. "In the Virgin Islands, we don't have that formal training. When we go back, we'll be right on top of those loans and go above and beyond to make sure our members get the loans they deserve."
Mid-Island FCU and Frederiksted FCU, along with other credit unions in the U.S. Virgin Islands and Puerto Rico--are partners with CUANY in the World Council of Credit Unions' International Partnerships Program.
Led by instructor Brett Christensen and presenters Jim Holt of CU Student Choice and Bob Nealon of CU Direct, the workshop focused on numerous aspects of credit union lending, including opportunities in private student lending, insights on auto lending trends and best practices, loan interview and sales skills, and the macro-economic lending environment.