News and Press

By Justin Conrey, President/CEO, CU Business Group | Originally published for Credit Union Times SBA lending is a compelling, but underused resource for credit unions looking to grow their share of the lucrative business services pie. These government-guaranteed loans can be a great way for cooperatives to develop a profitable and sustainable small business services program…

By Justin Conrey, President/CEO, CU Business Group | Originally published for Credit Union Times In the second of a three-part series, CUBG provides tips for attracting and serving this unique class of borrower. Small businesses need funding, and credit unions are perfectly positioned to provide it. Small business loans are an important component of a…

By Rachel Snyder, EVP/COO, CU Business Group | Originally published for Credit Union Times In the first of a three-part series, CUBG offers a practical roadmap for developing a more effective business services program. Small businesses make up 99.9% of all American businesses and employ more than 46% of private sector workers in the U.S.,…

CU Business Group announces the retirement of Michael Mucilli, Senior Business Services Officer and Senior Vice President, after 20 years of service.

by Jeff Stone, VP, Regulatory & Compliance, CU Business Group As we navigate uncertain economic times, having a well-developed credit risk review system in place to manage risk in your commercial lending portfolio is crucial. The NCUA has named credit risk as one of its top supervisory priorities for 2023. In 2020, the NCUA and…

Considering the ‘what ifs’ is critical in commercial loan underwriting. What if property vacancies increase? What if interest rates rise (which they will)? What if property values drop? Performing stress testing as part of the underwriting and periodic review process can help your credit union understand the potential impact of unplanned events such as declines…

On October 1st, CUBG welcomed Justin Conrey to the role of President/CEO. Conrey previously served as Executive Vice President and SVP-Credit and was appointed President/CEO upon the retirement of CUBG Founder and President/CEO Larry Middleman. Prior to joining CUBG, Conrey led commercial programs at both credit unions and community banks. He also has prior CUSO…

CU Business Group, the largest commercial services CUSO in the industry, today announces the retirement of President/CEO Larry Middleman.

Regular reviews of your commercial loan portfolio are key for prudent risk management, and can help to reveal weaknesses in commercial lending operations. So what should you look for when planning a portfolio review? CUBG’s experts provide these tips on what you need to meet credit risk management guidelines. Use a third-party reviewer Examiners are…

It’s not news that across the industry, credit unions are flush with deposits and are experiencing widespread challenges in deploying excess liquidity.  As a result, new trends have emerged in both commercial loan sourcing and participations. The trends and information shared below are derived directly from experience with CUBG’s network of nearly 400 brokers and…