A credit union’s loan-review program is an essential key to a strong credit-risk-management program. Examiners are spending a considerable amount of time determining whether you have a strong, dynamic loan-review program. Specifically, they are looking for a qualified, independent assessment of your overall credit-risk-management processes, including loan-grading integrity and uniformity, adherence to policies, underwriting quality, and ongoing account management. Loan review must provide comprehensive narrative reports to management and the board detailing the adequacy of each component and an overall assessment of the level and direction of credit risk.
Two case studies – a commercial loan and a real estate loan – will be presented which will cover each important step in the loan-review process. You will receive worksheets and a reporting process that you can implement at your credit union.
How to conduct a loan review step-by-step
- What loan review should cover on an annual basis
- What information should be gathered from the credit union for each review
- How to select appropriate risk-based loan samples
- Retail loan underwriting samples (residential mortgages, home equity, and consumer loans)
- What information should be documented for the review?
- What are the key components that should be evaluated in the review?
- Commercial and CRE samples
- What questions should be asked and analyzed as you work through each loan file?
- Adequately documenting your review and justifying the grade assigned for each credit
- Communication process with management and loan officers throughout the process
- How do you build the narrative summary report?
- TAKE-AWAY TOOLKIT
- Loan review worksheets for commercial and real estate loans
- Retail loan underwriting samples
- A reporting process
Who Should Attend?
This informative session is designed for loan review officers, lending staff, auditors, and compliance officers. Attendance verification for CE credits provided upon request.
About the Presenters – Ann Brode & Lisa Zigo, Brode Consulting Services, Inc.
Ann Brode began her career in 1973 and has continued her service as a consultant to regional and community financial institutions through a wide range of areas including strategic planning, lending, deposits, marketing, training, compliance, and management. Ann is a well-respected presenter and has spoken to audiences across the country for over 25 years. She has presented sessions for numerous state associations and has taught at the School of Banking Administration at the University of Wisconsin as well as many other state banking schools. Ann is the author of The Bank Deposit Documentation Manual for Front-Line Personnel, published by Bankers Publishing Company, and is well represented in numerous industry publications.
Lisa Zigo began her career as a loan-review specialist at a multi-bank holding company, after receiving a Bachelor's in Finance from Youngstown State University in 1991. She completed her certification in Loan Review, the PBA Commercial Lending School, and the Penn State Management Program. In 2000, Lisa accepted a position with a community financial institution and served as VP and Director of Credit Administration. She became Senior VP and Director of Operations in 2009. Her responsibilities included loan and deposit operations, item processing, IT, vendor management, and compliance. In 2012, Lisa joined Brode Consulting Services and uses her broad experience and compliance expertise to provide assistance to community financial institutions in loan review, compliance administration and reviews, strategic planning, management assessments and developing programs to manage risk and develop sound internal programs and best practices.
|Over $75 million
|$7 - 75 million
|Under $7 million
Cancellation Policy: Sorry, no cancellations are allowed after connecting instructions and handout materials are distributed to registrants. Substitutions are welcomed and encouraged.
Please note: The live webinar option allows you to have one telephone connection for the audio portion and one Internet connection (from a single computer terminal) to view online visuals as the presentation is delivered. You may have as many people as you like listen from your office speaker phone.