March 24 NCUA Webinar will Cover Credit Risk Issues Related to COVID-19 Pandemic

ALEXANDRIA, Va. (March 10, 2021) – The National Credit Union Administration is hosting a webinar on March 24 about potential areas of credit risk resulting from the COVID-19 pandemic.

“COVID-19 has had a significant impact on the economy, credit unions, and their members,” NCUA Chairman Todd M. Harper said, “Going forward, the top priority for the NCUA will be ensuring that credit union members, the credit union system and the Share Insurance Fund are prepared to weather any economic fallout related to the pandemic. I encourage credit unions to take advantage of our webinar to learn more about how they can minimize potential risks to their balance sheets.”

Online registration for the “Pandemic-Related Credit Risks for Credit Unions” webinar is now open. The webinar is scheduled to begin at 2 p.m. Eastern and run approximately for 60 minutes. Topics that will be covered during the webinar include:

  • Credit markets’ status;
  • Current federal regulations;
  • What NCUA examiners look for;
  • Suggestions on reporting risk to a credit union’s management and board; and
  • Advice for proactively managing credit risks.

Participants will be able to log into the webinar and view it on their computers or mobile devices using the registration link. They should allow pop-ups from this website. Participants also can submit questions anytime during the presentation or in advance by emailing WebinarQuestions@ncua.gov. The email’s subject line should read, “Pandemic-Related Credit Risks for Credit Unions.”

Please email technical questions about accessing the webinar to audience.support@on24.com. This webinar will be closed captioned and archived online approximately three weeks following the live event.

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