In an effort to show credit unions how they can help small businesses while boosting their own bottom line, the NCUA will hold a webinar, “Micro-Enterprise Lending – Making Loans to Small Businesses” on July 13.
The webinar is free of charge and will begin at 2 p.m. Eastern time. The agency is accepting online registration.
The panel will be moderated by Tom Penna, an economic development specialist with the NCUA's Office of Small Credit Union Initiatives.
Members of the panel will include NCUA Region II Regional Lending Specialist William McMasters; Melissa Marquez, president/CEO for the $17.6 million Genesee Co-op Federal Credit Union in Rochester, N.Y.; and Dan Kelley, CFO and vice president of finance for the $118 million Seaboard Federal Credit Union in Bucksport, Maine.
The panel will discuss how to develop a sound micro-enterprise lending program, distinguishing between micro-enterprise business loans and member business loans, understanding collateral issues and best practices in collections.
The webinar will be closed captioned and then archived online for about three weeks after the live event.
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