ALEXANDRIA, Va. (8/22/13)--Member business lending (MBL) underwriting, strategy and policy will be addressed in a pair of upcoming National Credit Union Administration webinars.
The first webinar, which will address MBL strategy and policy, is scheduled for 2 p.m. ET on Tuesday, Sept. 17. MBL underwriting will be the topic of the next webinar, which is set for 2 p.m. ET on Wednesday, Sept. 25.
"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," she added.
NCUA Office of Small Credit Union Initiatives and Region IV Division of Special Actions staff will present the webinars. A credit union business development specialist will also provide step-by-step guidance on setting up a successful, safe and sound MBL program.
Webinar participants may submit questions in advance by sending an e-mail to WebinarQuestions@ncua.gov. The subject line of the e-mail should read, "Member Business Lending Webinar."
To register for the NCUA webinars, use the resource link.