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Learn about the Department of Agriculture’s Loan and Grant Initiatives

ALEXANDRIA, Va. (Dec. 14, 2016) – Credit unions concerned about flat or negative loan growth may find valuable information in an upcoming webinar hosted by the National Credit Union Administration.

The 90-minute webinar, “Growing Loans by Partnering with the USDA,” is scheduled for Wednesday, Jan. 11, 2017, 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.

Improving profitability in the midst of a challenging interest rate environment make this webinar a timely and useful event. The webinar will include a discussion of eligibility requirements for USDA programs and benefits to credit unions as well as descriptions of:

• The Community Facilities Loan and Grant program;
• The Single Family Housing Guaranteed Loan program; and
• The Business and Industry Guaranteed Loan program.

Lauren Bethea, an economic development specialist with NCUA’s Office of Small Credit Union Initiatives, hosts Jeremy Gilpin, vice president of business services with Greater Nevada Credit Union, and USDA speakers Nathan Chitwood, regional coordinator, Community Facilities Program Rural Housing Services; Laurel Leverrier, assistant deputy administrator, Business Program Rural Development; and Kristina Zehr, finance and loan analyst, Single Family Housing Guaranteed Loan Division Rural Development.

You can submit questions in advance at WebinarQuestions@ncua.gov. The email’s subject line should read, “Partnering with the USDA.” If you have technical questions about accessing the webinar, you can 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.