The shifting natures of the national and local economies and the resulting conditions of the "great recession” have changed the way credit unions extend credit. It is more vital than ever to properly determine who potential borrowers are; whether their capacity to afford a loan has been affected; and the impact on the indirect lending process.
This webinar will provide an overview of indirect lending differentiators, controls, issues, and monitoring tips so you can identify risks in your indirect lending program and implement the necessary controls to effectively monitor it and reduce risk.
- Indirect lending today and differentiators
- Overview of indirect lending issues and concerns
- Identify indirect lending risks and determine necessary controls
- Effective and essential controls
- Control implementation questions for indirect lending managers
- TAKE-AWAY TOOLKIT
- Important links to NCUA’s website
- An outsourced lending relationship questionnaire
- Employee training log
- Quiz you can administer to measure staff learning and a separate answer key
Attendance verification for CE credits provided upon request.
Who Should Attend?
This informative session is designed for credit union management, indirect lending department personnel, internal auditors, supervisory/audit committee members, and anyone involved in lending.
ABOUT THE PRESENTER – Bryan W. Mogensen, CPA, CliftonLarsonAllen LLP
Bryan Mogensen is an assurance partner at CliftonLarsonAllen LLP in Phoenix. In 1995, he joined CliftonLarsonAllen (formerly Clifton Gunderson). Over the past 19 years, Bryan has gained extensive experience auditing credit unions, community banks, and nonprofit organizations. As engagement partner, he is responsible for ensuring the work is performed as expected, reviewing key areas and reports, planning, supervising audit staff, etc.
Bryan frequently shares his knowledge through national speaking engagements. He is a licensed CPA in Arizona, California, Washington, and Wisconsin and a member of the AICPA and ASCPA. Bryan received his bachelor’s in business administration with emphasis on accountancy from the University of Wisconsin-Milwaukee.
Lending Council members receive a 10% discount
|Over $75 million
|$7 - 75 million
|Under $7 million
Scholarships are available for all KCUA education events. Scholarships pay 100% of registration fee for credit unions under $7M, 50% for credit unions between $7-$75M and 25% for credit unions over $75M.
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.