Description
Board and Senior Management: The Importance of Vigilance
This two-part course presented by DFTC President Dana Sumner fulfills the NCUA requirement for ongoing training for credit union board members and senior management, with a focus on the primary objective: to protect the credit union from undue risk of loss by applying safe and sound lending practices.
In Session 1, we focus on:
- Ensuring the required level of experience for senior management, managers, and lending personnel
- Loan Administration
- Portfolio Management
- Steps to Success
- Best Practices for Creating Commercial Loan Policy
In Session 2, we focus on:
- Regulatory Requirements for Commercial Loan Policy
- Management Information Systems
- Credit Risk Rating Systems
- Evaluating Borrowers’ Expected Performance
- What Examiners are Looking For
- Philosophies of Commercial Loan Administration
- Period Review Processes
- Best Practices for Assuring Compliance
Features on-camera training by Dana with graphics and visuals to support key ideas. Includes a free PDF of an accompanying slide deck and workbook for future reference.
- Pricing: $299 per institution
- Includes Board & Senior Management Training, Sessions 1 and 2
- Includes institutional access for one year
