Credit unions looking to begin serving small businesses will learn key considerations by attending the new CUNA Serving Small Businesses eSchool Wednesdays, Sept. 1 through 22.
“This is a complex space to be in and is something not widely addressed in the industry,” said Melisa Kallestad, director of compliance and lending education at CUNA.
The four, 90-minute sessions will help attendees evaluate portfolio size and complexity, as well as training, staffing, policies and procedures needed for implementation. Lender liability and regulatory and compliance implications of a business portfolio will also be covered.
Credit Union Magazine’s Summer 2023 issue highlights the lending outlook for the rest of the year, how credit unions leverage fintech companies to boost digital lending, the power of lending partnerships, common Bank Secrecy Act violations, and the shift board members must make when becoming chair.
