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.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
