Lines of Credit – Line Management and Evaluation

Lines of Credit – Line Management and Evaluation

by Nick Reynolds, VP/Credit Services Manager The risks associated with business lending differ significantly from those associated with traditional consumer lending. While consumer information is still an important part of knowing your member, the types of risks associated with MBLs tend to be more varied and wider in scope. The credit union industry is expanding…

Connecting with Businesses Through Relationships

Connecting with Businesses Through Relationships

From Larry Middleman, CUBG President/CEO According to the 2015 Temkin Trust Ratings, credit unions collectively rank #1 in trust across all industries, ahead of such recognized national brands like Trader Joe’s and Amazon, and well in front of banks. In terms of the business market, credit unions have done a good job of serving “micro-businesses”,…