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Discussion to Include Agency’s Member Business Lending Rule

ALEXANDRIA, Va. (Jan. 19, 2017) – Credit unions interested in Small Business Administration loan programs can get valuable information from an upcoming National Credit Union Administration webinar scheduled for Feb. 15.

This 90-minute webinar, “SBA Opportunities for Credit Unions,” is scheduled to begin at 2 p.m. Eastern. Online registration is available here (opens new window). You will use this same link to log into the webinar. You should allow pop-ups from this website. There is no charge to participate.

This webinar will provide an update on the new SBA One automated lending platform and will discuss SBA’s Microenterprise Loan Program for credit unions making loans smaller than $50,000. The webinar will also provide an update on NCUA’s member-business lending rule (opens new window).

Vanessa Lowe, an economic development specialist with NCUA’s Office of Small Credit Union Initiatives, hosts Rippy Madan, a lending specialist with NCUA’s Region II office, and two SBA representatives: J. Christopher Webb, deputy chief, Microenterprise Development Division, and Scott Bossom, a lender relations specialist.

You can submit questions in advance at WebinarQuestions@ncua.gov. The email’s subject line should read, “SBA Opportunities for Credit Unions.” If you have technical questions about accessing the webinar, you 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.