The NCUA is hosting a free webinar on risk-based lending on Oct.22.
|Tom Penna, an economic development specialist from the NCUA'sOffice of Small Credit Union Initiatives, will “provide an overviewof risk-based lending and how it has become an important part ofconsumer lending,” according to an NCUA press release issued on Tuesday.
|Susan George, CEO of the $13 million Lake Shore Federal CreditUnion in Angola, N.Y., and Kelly Haaksma, CEO of the $56 millionGreater Chautauqua Federal Credit Union in Falconer, N.Y., willalso participate.
|“The two will share how they use risk-based loans in their owncredit unions to better serve their members and increase loanvolume and income, while mitigating unnecessary risks,” the releasesaid.
|“Risk-Based Lending—More than a Loan Pricing Tool” will be heldon Monday, Oct. 22, at 2 p.m. EDT.
|“The webinar will also feature useful reporting tools that aboard of directors and management can use to get a betterunderstanding of the risks present in a credit union's loanportfolio,” said the release.
|Registration is now open and participants can submit questionsin advance at [email protected].
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