ALEXANDRIA, Va. (Oct. 29, 2020) – Credit unions interested in offering payday alternative loans or other forms of short-term lending can get valuable advice from an upcoming webinar hosted by the National Credit Union Administration. The information presented in the webinar reinforces the NCUA’s commitment to expand the availability of safe and affordable credit to meet the needs of diverse and underserved communities as part of NCUA’s financial inclusion initiative, ACCESS: Advancing Communities through Credit, Education, Stability, and Support.
Registration for the Nov. 16 webinar, “PALs and Short-Term Lending,” is now open online here (opens new window). It is scheduled to begin at 3 p.m. Eastern and run approximately 60 minutes. 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 popups from this website.
Staff from the NCUA’s Office of Consumer Financial Protection and Office of Credit Union Resources and Expansion will discuss how credit unions can offer responsible small-dollar loans to help members meet temporary cash-flow needs and transition into mainstream financial products.
This webinar is open to credit unions and parties interested in working with credit unions to expand access to safe and affordable short-term lending options.
Participants can submit questions anytime during the presentation or in advance by emailing [email protected]. The email’s subject line should read, “PALs and Short-Term Lending.” Please email technical questions about accessing the webinar to [email protected]. This webinar will be closed captioned and archived online approximately three weeks following the live event.
To learn more about the ACCESS initiative, visit www.ncua.gov/access.