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.