Lending

Virtual Lending School

February 5 - February 6 | 9:00 am - 12:00 pm ET
Category:
Lending
Contact: Jordan Inkley at jinkley@mainecul.org

Join the Maine Credit Union League and Bob Viering for two half days of lending training.

Dates: February 5 & 6
Times: 9:00 am – 12:00 pm both days
Location: Virtual
Cost: Both days $399.00/$349 for CUs under 50 million. One day, $219.00/$169.00 for CUs under 50 Million. $149 additional attendees. $449.00 for associate members.

Day One: Session 1: Understanding Maine’s Economic Drivers and Lending Opportunities | Audience: Both Loan Officers and Senior Lenders
This session provides an overview of Maine’s unique economic landscape, focusing on key industries such as forestry, fishing, tourism, and renewable energy. Participants will explore economic trends impacting lending demand and learn how to identify underserved populations. The session will include case studies on regional challenges, such as workforce shortages and rural development, with actionable strategies for aligning lending practices to Maine’s economy. Topics include emerging trends like sustainable financing, evolving member expectations, and the growing role of FinTech. Participants will discuss strategies to position credit unions as trusted, forward-thinking lenders in their communities.

Session 2: Fair Lending Practices and Compliance in 2025 | Audience: Both Loan Officers and Senior Lenders
Participants will review the latest updates to fair lending regulations, including ECOA, TILA, and state-specific compliance requirements. The session will focus on preventing unintentional discrimination, ensuring transparency in loan decisions, and addressing potential compliance challenges. Real-world examples will be analyzed to highlight best practices for maintaining compliance.

Session 3: Leveraging Technology to Enhance Loan Origination and Member Experience | Audience: Both Loan Officers and Senior Lenders
Participants will explore how digital tools can streamline loan application and processing workflows while enhancing member experience. The session covers the use of data analytics for better credit decision-making, balancing automation with personalization, and evaluating new technologies for cost-effective implementation.

Day Two: Session 4: Navigating Regulatory Changes and Strategic Implications | Audience: Senior Lenders
Senior lenders will review upcoming federal and state regulatory changes affecting lending practices. The session will focus on preparing for examinations, implementing robust internal controls, and addressing strategic implications of new regulations. Practical tips for long-term compliance planning will also be discussed.

Session 5: Building a High-Performing Lending Team | Audience: Senior Lenders
Senior lenders will explore leadership strategies for developing a high-performing lending team. Topics include coaching loan officers, fostering a culture of accountability, and designing effective training programs. The session emphasizes aligning team performance with organizational goals and member-centric values.

Session 6: Roundtable Discussion
An open forum to discuss the most significant challenges and opportunities we see for consumer lending in Maine. Attendees will be encouraged to share successful (and not so successful) ways they have dealt with non-credit union lenders.

Register

Please complete and submit the form below to register for this event. You will be placed on a waiting list if the number of attendees for your reservation is greater than the number of seats available.

Registrations are closed for this event.