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NCUA Micro-Enterprise Lending Webinar Can Help CUs Serve Businesses
Monday, June 27, 2016 6:25 AM

Credit unions can learn how to assist member small businesses while helping their own bottom lines by joining the National Credit Union Administration’s upcoming webinar, “Micro-Enterprise Lending – Making Loans to Small Businesses.”

This free 90-minute webinar is scheduled for Wednesday, July 13, at 1 p.m. CT. Online registration is available here. Participants will use this same link to log into the webinar.

Tom Penna, an economic development specialist with NCUA’s Office of Small Credit Union Initiatives, hosts a panel that includes NCUA Region II regional lending specialist William McMasters; Melissa Marquez, chief executive officer of Genesee Coop Federal Credit Union; and Dan Kelley, chief financial officer and vice president of finance for Seaboard Federal Credit Union. Our panel will discuss a variety of topics, including:

  • Crafting a sound micro-enterprise business lending policy;
  • Distinguishing between micro-enterprise business loans and member business loans;
  • Understanding collateral requirements and expectations; and
  • Using best practices in collections.

Participants may submit questions in advance at WebinarQuestions@ncua.gov. The subject line of the email should read, “Micro-Enterprise Lending.” Participants with technical questions about accessing the webinar may email audience.support@on24.com. This webinar will be closed captioned and then archived online here approximately three weeks following the live event.