|2014-06-18 14.02 Expanding Loan Portfolios to Maximize Loan Profitability.wmv|
The National Federation of Community Development Credit Unions is pleased to announce the return of the popular Aligning Mission With Margin webinar series through our partnership with Thompson Consulting and Training (TCT). The Federation hosts this free summer series to provide credit union managers support in issues critical to the current financial environment. Dr. Randy Thompson, TCT CEO, will present each of the four sessions.
In this session you will learn methods to safely expand loan portfolios and profitability by reaching deeper into the loan pool, plus:
- the inherent risks in lending primarily to prime borrowers
- how to accurately price loans for each risk grade to avoid unfair subsidies and assure the additional costs of lending to less-than-prime borrowers is factored into your loan rates
- the importance of using an empirically based, statistically validated pricing model that uses your credit union's unique history and data
- answers to your loan pricing questions