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ALEXANDRIA, Va. (June 21, 2016) – Credit unions can learn how to assist member small businesses while helping their own bottom lines by joining the National Credit Union Administration’s upcoming webinar, “Micro-Enterprise Lending – Making Loans to Small Businesses.”

This 90-minute webinar is scheduled for Wednesday, July 13, 2016 at 2 p.m. Eastern. Online registration is available here. (opens new window) Participants will use this same link to log into the webinar. Registrants should allow pop-ups from this website. There is no charge.

Tom Penna, an economic development specialist with NCUA’s Office of Small Credit Union Initiatives, hosts a panel that includes NCUA Region II regional lending specialist William McMasters; Melissa Marquez, chief executive officer of Genesee Coop Federal Credit Union; and Dan Kelley, chief financial officer and vice president of finance for Seaboard Federal Credit Union. Our panel will discuss a variety of topics, including:

• Crafting a sound micro-enterprise business lending policy;
• Distinguishing between micro-enterprise business loans and member business loans;
• Understanding collateral requirements and expectations; and
• Using best practices in collections.

Participants may submit questions in advance at WebinarQuestions@ncua.gov. The subject line of the email should read, “Micro-Enterprise Lending.” Participants with technical questions about accessing the webinar may email audience.support@on24.com. This webinar will be closed captioned and then archived online here approximately three weeks following the live event.

NCUA’s Office of Small Credit Union Initiatives fosters credit union development and the effective delivery of financial services for small credit unions, new credit unions, minority depository institutions and credit unions with a low-income designation.