Larry Middleman to Retire After 20 Years of Service
CU Business Group, the largest commercial services CUSO in the industry, today announces the retirement of President/CEO Larry Middleman.
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…
Although the country has begun to open back up, the pandemic will continue to have a lingering effect on businesses long into the future. Lenders entertaining new borrower applications or conducting annual reviews should gather information from borrowers regarding the impacts of the pandemic on their business and financial situation. Here are some key questions…
One wintry day in Portland, Ore., Sara Rodriguez decided something had to change. Sara had just used her family’s last $5 for bus fare to find work. As luck would have it, the bus broke down and she was forced to walk miles back home through the snow, her prospects for gainful employment dashed. But…
(Portland, Oregon – April 28, 2021) – CU Business Group, LLC, the nation’s largest business services Credit Union Service Organization, today announced it has partnered with Community Capital Technology Inc. to leverage the firm’s online loan marketplace and business intelligence platform to provide a better, more efficient way for their credit union clients to optimize…
In June 2020, the regulatory agencies released new interagency guidance to reinforce their expectations for how financial institutions should monitor credit risk within their portfolios. In this article, CUBG recommends lenders focus on five key areas…
The combined entity will provide a complete range of robust, full-service commercial solutions for credit unions and borrowers. CU Business Group, LLC today announces the acquisition of business lending CUSO Member Business Lending, LLC. Formed in 2002, CU Business Group is a nationwide…
CUBG’s expert staff provided this tip in response to a question we hear frequently from our clients. Q: Once a loan’s maturity date has passed, can a loan modification be done to extend the maturity? A: No. Once a loan has matured, you cannot make changes to the original contract, which has expired. This applies to…
Determining current property values is a critical part of underwriting and risk management, especially in today’s market. Revaluing real estate collateral is vital during the annual review process and is both an industry best practice and increasingly a regulatory requirement. For income producing real estate CUBG recommends the income approach to value using the current…