Quinte Financial Technologies Inc. (Quinte) announced that its complimentary July 8th Webinar, entitled “Managing Credit Risk & Increased Loan Demand: A Playbook for Credit Unions and Banks,” will provide Credit Unions, Community Banks and Credit Union Service Organizations (CUSOs) with insights and best practices to address economic conditions in which:
- Individuals and companies are struggling to repay loans,
- Credit losses in loan portfolios are continuing to rise, and
- Historically low interest rates are driving demand for new loans.
According to Kirk Kordeleski – former CEO of Bethpage Federal Credit Union – who is the Webinar’s keynote speaker, “This unprecedented market environment is extremely challenging for many Credit Unions and Community Banks, because they often lack the internal resources to manage increased credit risk, while simultaneously taking advantage of the opportunity to grow their loan portfolio. Mr. Kordelski will provide practical guidance on:
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- Anticipating near-term market conditions and opportunities
- Evaluating and ensuring portfolio quality / regulatory scrutiny
- Using analytics to assess and manage loan and portfolio risk
- Growing loan capacity in a highly competitive environment
- Addressing increased back office demands in a cost-effective manner
Quinte’s “Managing Credit Risk & Increased Loan Demand: A Playbook for Credit Unions and Banks” Webinar is scheduled for Wednesday, July 8th, starting at 2:00 p.m. EDST.
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