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Learn to Better Decipher Lending Basics to Grow Loans and Net Income

ALEXANDRIA, Va. (Oct. 12, 2016) – Credit unions can learn new ways of approaching consumer loan underwriting in an upcoming webinar hosted by the National Credit Union Administration.

The 90-minute webinar, “Loan Underwriting: Back to the Basics!! – Looking Beyond the FICO Score” will be held Wednesday, Nov. 9, 2016, beginning at 2 p.m. Eastern. Online registration is available here (opens new window). Participants will use this same link to log into the webinar. Registrants should allow pop-ups from this website. There is no charge to participate.

Tom Penna, Jr., economic development specialist with NCUA’s Office of Small Credit Union Initiatives, will be joined by Julie Wooding, principal consultant of Fair Isaac Corporation; Leslie Johnson, chief executive officer of Calcoe Federal Credit Union; Tyler Valentine, chief executive officer of Laramie Plains Federal Credit Union; and Lin Li, credit risk program officer with NCUA’s Office of Examination and Insurance.

The panel’s in-depth discussion of underwriting techniques will include:

• Understanding popular scoring models,
• Use of these models for developing risk-based lending policies, and
• Success stories from the two credit union CEOs.

Participants may submit questions in advance at WebinarQuestions@ncua.gov. The email’s subject line should read, “Loan Underwriting: Back to the Basics.” 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.

NCUA’s Office of Small Credit Union Initiatives fosters credit union development and the effective delivery of financial services for small credit unions, new credit unions, minority depository institutions and credit unions with a low-income designation.