Maximize loan growth, profitability amid uncertain economic landscape

lending school

Credit unions across the nation must find new ways to become more innovative and relevant for growth in the COVID-19 world. Successful credit unions must be quick and nimble in their efforts and strategize to maximize loan growth and profitability.

At the New York Credit Union Association’s 2020 Virtual Lending School — led by instructor Celeste C. Cook — credit union professionals will learn what credit union leaders can do to build a solid, sustainable plan that maximizes loan growth and profitability in an uncertain economic landscape.

The 2020 Virtual Lending School, which will be held from 9 a.m. to 3 p.m. on Sept. 23, will focus on several aspects of strategic loan growth, including:

  • exploring a holistic leadership perspective for long-term loan growth and profitability;
  • getting back to the basics post COVID-19, the “new normal;”
  • discovering ways to create win/win/win solutions to help credit unions capture new members and new money, and millennials in particular;
  • exploring key lending strategies to gain more profitable quality loans;
  • learning what to do to proactively prevent loan losses;
  • understanding how credit scores are calculated and how credit scores can be improved in 90 days; and
  • determining the best approach to build stronger relationships for profitability and member retention.

For more information and to register, visit the Association’s website. Registration is open through Sept. 18.

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