LendKey is the NAFCU Services Preferred Partner for Student Loan and Student Loan Refinancing Platform.
About The Webinar
Join us to learn more about network lending, a cooperative model allowing credit unions to optimize liquidity and achieve loan growth. Discover how credit unions can participate in loan pools with other institutions, allowing them to diversify portfolios, access loans with potentially lower risk and higher yields, and expand lending capacity without necessarily needing a surge in deposits. Delve into how credit unions can pool their resources, set common underwriting and pricing standards, and collectively originate, buy, and sell loans to optimize liquidity management. Hear from your peers about best practices, case studies, and practical strategies to harness the full potential of network lending and how it's helped their credit unions. Don't miss this valuable opportunity to learn how to strengthen your credit union's position in today’s competitive environment.
Key Takeaways:
- How network lending differs from traditional lending
- The benefits of participating in loan pools with other credit unions
- How credit unions can set common underwriting and pricing standards and collectively originate, buy and sell loans to optimize liquidity management
- Why network lending is critical to loan growth
Watch On-Demand
Presented By
Vince Passione
Founder/CEO | LendKey
Vince is the founder and CEO of LendKey, the market’s most advanced lending platform and network, and a veteran technologist for financial services companies. Before LendKey, Vince was the COO of DealerTrack, the nation’s first and largest automotive credit portal. He has also been the President of Ameritrade’s Institutional Client Division, the CEO of OnMoney.com, the CTO of Citigroup’s US Consumer Bank and a Business Unit Executive at IBM. Vince received his B.S. from Polytechnic University.
Jim Merrill
President/CEO | Inspire FCU
Jim Merrill joined Inspire FCU as President/CEO in 2014. Jim is responsible for the overall strategic direction and leadership of the Credit Union and its subsidiary business lines. Jim is a recognized leader in the credit union space, and is a financial services industry veteran with over 30 years of experience in the credit union system. Jim earned his Bachelor’s Degree in Business Administration from York College of Pennsylvania. Jim resides in Middletown Township, Bucks County and volunteers his time on multiple non-profit boards and committees, including serving as President of the Middletown Community Foundation, a charitable organization providing support to the residents of Middletown Township, Bucks County.
Mick Olson
President/CEO | TopLine Financial Credit Union
Mick Olson is the President and Chief Executive Officer (CEO) of TopLine Financial Credit Union, headquartered in Maple Grove, Minnesota. TopLine is Minnesota’s 11th largest credit union, with assets of more than $775 million and serves over 50,000 members.
Mick has more than 25 years of experience in the financial services industry, and has held various accounting and finance positions in other industries including healthcare and distribution. He is passionate about leadership, strategic planning and technology.
In 2006 he joined TopLine Financial Credit Union as the Senior Vice President and Chief Financial Officer, and held that position prior to being named President and CEO in May 2023. During Mick’s tenure with TopLine he has been responsible for overseeing finance, accounting, information services, card services, the insurance agency, investment services, human resources, collections, strategic and risk planning, and budgeting.
He earned his B.S. in Accounting from St. Cloud State University in St. Cloud, Minnesota and his M.B.A. in Finance from the University of Minnesota Carlson School of Business in Minneapolis, Minnesota.