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Webinar: Member Business Lending: Risks, Rewards, Controls & Common Mistakes

More and more credit unions are expanding their member business loan (MBL) portfolios. It can be a great way to increase membership and promote economic development in your community. It can also be an additional source of income that allows you to provide larger dividends to your members. However, some credit unions failed and many got into trouble as a result of their MBL programs during the recent economic crisis. Certainly, the downturn in the real estate markets contributed to these problems, but so did unsafe lending practices. This program will provide recommendations on how to implement, manage, and offer a profitable MBL program.

HIGHLIGHTS

  • Lessons learned from the recent economic crisis
  • What should be included in an effective member business loan policy?
  • Building an effective risk rating and pricing system for MBLs
  • Why an independent loan review function is so important to maintaining a high quality MBL portfolio
  • Best practices for MBL lending

TAKE-AWAY TOOLKIT

  • Sample MBL loan policy, including risk rating system, credit presentations, and checklists to assist in the underwriting and on-going credit administration of your MBL portfolio
  • Employee training log
  • Quiz you can administer to measure staff learning and a separate answer key

Attendance verification for CE credits provided upon request.

WHO SHOULD ATTEND?

This informative session is designed for board members, senior management, loan officers, and credit analysts.

Please note:  The live webinar option allows you to have one telephone connection for the audio portion and one Internet connection (from a single computer terminal) to view online visuals as the presentation is delivered.  You may have as many people as you like listen from your office speaker phone.

ABOUT THE PRESENTER – Toby Lawrence, CPA, CliftonLarsonAllen LLP

Toby Lawrence is a CPA and Consulting Principal at CliftonLarsonAllen.  With 26 years’ financial experience, Toby has served hundreds of financial institutions ranging from $50 million to over $16 billion in assets.  Toby has served as a consultant to the FDIC both in the early 1990s during the resolution of the savings and loan “crisis” and again during the last two years when he led CLA teams as they performed:  1) studies on why certain banks failed and what the FDIC can do to improve its examination process; 2) operational reviews on both the FDIC’s process to market and sell the assets of failed banks and monitor the agreements in place with the entities who acquired these assets; and 3) performance audits on entities that acquired assets of failed banks to determine whether these parties complied with their FDIC agreements.

THREE REGISTRATION OPTIONS

Note:  All materials are subject to copyright.  Transmission, retransmission, or republishing this webinar to other institutions or those not employed by your financial institution is prohibited.  Print materials may be copied for eligible participants only.

1.  LIVE WEBINAR

The live webinar option allows you to have one telephone connection for the audio portion and one Internet connection (from a single computer terminal) to view online visuals as the presentation is delivered.  You may have as many people as you like listen from your office speaker phone.  Registrants receive a toll-free number and pass code that will allow entrance to the seminar.  The session will be approximately 90 minutes, including question and answer sessions.  Seminar materials, including instructions, PIN number, and handouts will be emailed to you prior to the broadcast.  You will need the most-current version of Adobe Reader available free at www.adobe.com.

Convenient!

Listen to the
archived webinar on your
iPad
iPhone
Android

Instructions will be emailed with the archived webinar link.

2.  ARCHIVED WEBINAR & FREE CD ROM*

Can’t attend the live webinar? The archived webinar is a recording of the live event, including audio, visuals, and handouts. We even provide the presenter’s email address so you may ask follow-up questions. Approximately one week prior to the webinar, you will receive an email with the archived webinar link. This webinar link can be viewed anytime 24/7, beginning 6 business days after the webinar and will expire 6 months after the live program date.

As an added bonus, you will also receive a FREE audio/visual CD ROM.* The CD ROM includes the original audio/visual presentation, the question and answer sessions, and the handouts.  Use the archived webinar or this “off-the-shelf” training program for those that could not attend the live seminar and for future training.

The archived webinar (including the free CD ROM) may ONLY be ordered for 6 months following the webinar. Neither will be available after this time.

3.  BOTH LIVE WEBINAR & ARCHIVED WEBINAR (INCLUDES FREE CD ROM*)

Options 1 and 2 described above

AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE

*CD ROM is for Mac and PC use only


This event is being conducted by CU Web Training on behalf of the Missouri Credit Union Association. Click here to register: https://mcua.fed.cuwebtraining.com/store/webinar


 

October 2nd, 2014 2:00 PM   through   3:30 PM
United States

Event Info

When

October 2nd, 2014 2:00 PM   through   3:30 PM

Where

United States

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