Duration: 47 minutes
Small businesses are a great source of stable core deposits for credit unions. In this session from April 26, 2023 we discuss how your credit union can capture the deposits of small and micro businesses by creating a robust small and micro business loan program. We show which business types to target, what loans give you the most potential for gaining deposits accounts, and how to ensure you are serving the overall financial needs of entrepreneurs.
– Loan types that will yield deposits
– How to effectively tie loans and deposits together for small businesses
– How the loan application process can help you in growing business deposits
– What small and micro businesses really need from a financial institution
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.