WASHINGTON-Credit unions looking to differentiate from their competitors in the business lending arena, might want to consider deposit services first, according to Callahan & Associates, Inc. The firm will host a Webinar at 2:00 p.m. EST April 12 on the subject. Topics discussed will include business checking and savings accounts, cash management tools such as online and phone ACH origination, steps to incorporating business services as part of a member business lending program, and positioning business services to help originate new MBLs. According to Callahan, there are more than 1,700 credit unions involved in member business lending. Total MBL outstanding reached $15.9 billion at year-end 2005, which makes it the smallest lending category when it comes to balances outstanding at 3.4%, Callahan reported. For details on the Webinar, log on to www.creditunions.com
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