Lending to Churches and Religious Organizations – Recording

Description

Duration: 59 minutes

Church lending has long been a mainstay of business lending at credit unions. However, making loans to churches and other religious organizations often requires a unique approach. In this webinar from June 4, 2024, CUBG’s Mike Smith discusses how to properly evaluate and understand the financial and non-financial risks associated with lending to churches. Join us and learn how to successfully lend to these unique organizations.

We discuss:
– Important items to require in the application process
– Determining how the church produces income via contributions and programs
– Industry-specific financial ratios used to determine the viability and health of the organization
– Interpreting and analyzing church financial data
– Analyzing non-financial factors such as management, leadership, membership stability, and growth
– Tips on how to monitor these loan types and measure ongoing risk
 

 
Purchase Terms & Conditions

After the order is approved, you’ll receive an email with links to download the education materials. After you download, you will be able to save the files to your shared network and use the training for your credit union going forward.
 
Educational materials are proprietary and are not to be shared outside of the purchasing credit union.