A new video posted Monday by the NCUA aimed to provide credit unions with a clearer understanding of member business lending opportunities.
The video outlined the elements of an effective member business lending program. It also highlighted how a well-developed program could benefit credit unions when the correct balance of people, processes and policies were in place.
Designed to provide additional direction after the NCUA passed the MBL rule in February, the video also aimed to help credit unions tailor their MBL programs to their strategic goals and members' needs.
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