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Free CUNA Webinar: Breaking the Cycle of High-Cost Borrowing
Thursday, May 30, 2013 6:00 AM

Unfortunately for the honest lenders, there are those who offer high-cost financial services and lend to families in low-income neighborhoods, putting these families in a cycle of never-ending debt. How can your credit union battle predatory lenders?

CUNA, in conjunction with the National Federation of Community Development Credit Unions (Federation), is hosting a free webinar, “Borrow and Save – Breaking the Cycle of High Cost Borrowing, Through Savings Mobilization” on Tuesday, June 18 from 1-2:30 p.m. CT.

The webinar will discuss the Federation’s Borrow & Save Program, which was created to help provide access to small dollar loans when necessary and promote asset development in the hopes of lessening the need for continuous borrowing.

Additionally, the webinar will highlight the Federation’s comprehensive toolkit of information and materials to help community development credit unions adopt a Borrow & Save program for their members.

Credit union CEOs, management, lending and operations professionals are encouraged to register. Attendees must be affiliated with CUNA, League or Federation to participate.

To learn more or register, click here.