Doug Lacy-Roberts of the Washington Division of Credit Unions did a breakout session on the strategic concerns of member business lending. Banks and Congress will be watching for CUs to make mistakes, so take a deliberate approach and good performing commercial loans will provide rewards. Using a CUSO or doing loans in-house is a choice to be made, and developing the art of saying "No" is critical. Underwriting experience of specialized staff is a must, he said.
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