The registration deadline is fast approaching for one of the most unique and impactful credit union conferences, Expand Expo 2022! Join over 200 credit union leaders and professionals from around the country to enhance your performance, knowledge, and networking within the movement.
At Expand Expo, we focus on 4 key areas that will drive growth & profitability at your credit union and enhance your career. This article will focus on the area of Lending and some of the daily workshops on the docket in September:
- Bankruptcy: What You Need to Know: Bankruptcy filings have slowed down during and as a result of the COVID-19 pandemic. The lull in a normal system of bankruptcy filings may lead to confusion, relaxed account pursuit, and a sense of not knowing where to turn next. Fortunately, you can remain ready to hit the ground running for any of your current bankruptcy accounts or for when bankruptcy filings return to normal or even increased levels in the coming month and years. Join this workshop to learn bankruptcy basics and guidelines when a member files for bankruptcy protection, understanding the difference between Chapter 7 & Chapter 13, motions for relief from the automatic stay & when to use, and potential recovery options in bankruptcy for fraudulent actions as to your member's account(s) or collateral.
- Collections: Collections used to be straightforward. Today, a complex maze of collections regulations and requirements may make you feel you need an advanced degree to sort out what you can and cannot do when contacting the member. Fortunately it does not have to be complicated. Please join this workshop to discuss the ABCs in today's collections, understand the Fair Credit Reporting Act & your obligations to accurately report member disputes, understanding BSA impacts to collections, collection communications & your compliance responsibility, and walk away with customizable templates & resources to use right away.
- Consumer Lending: Join us to learn how credit unions can experience significant loan growth and profitability while minimizing delinquencies and loan losses during this challenging economy. Join this workshop to explore innovative lending strategies & programs, learn how to utilize the credit report as a tool to build relationships & gain additional loan opportunities, explore ways to strengthen member relationships, gain knowledge on how credit scores are calculated & what factors impact your members' scores, enhance the loan interview process, and more.
- Getting More Strategic About Lending: Explore creative and innovative lending and marketing strategies to help you catapult loan growth, profitability, and member loyalty. Topics included in this workshop are determining what you can do to become more relevant post COVID-19 pandemic, discover how to attract more Millennials and Gen Zs as your next generation of revenue, discover creative lending & marketing strategies to attract more members & loans, and identify risk-based lending management strategies to increase profitability & minimize loan loss.
Register NOW to improve your impact and your credit union's performance! To attend Expand Expo 2022 and learn how to start growing your lending, register at www.ExpandExpo.org.