About the Webinar
The global economic landscape is undergoing some major changes. High inflation, rising interest rates and uncertainties surrounding economic recession have caused some credit unions to scale back on digital transformation initiatives. This is a key time, however, for credit unions to seek new areas of opportunity to achieve their desired return targets while limiting losses. AI and machine learning models offer a more targeted approach for assessing member creditworthiness than traditional methods.
Discover how your credit union can tap into personal lending opportunities and expand credit access to more borrowers quickly, with minimal upfront costs. In this webinar, Dave Brydun, SVP/Chief Lending Officer, will share how BCU grew its personal loan portfolio while limiting losses and gaining new members.
This webinar will cover:
- How BCU originates loans digitally to acquire more borrowers, without disrupting its branch network or processes.
- How BCU expanded its footprint nationally while providing an optimized digital experience
- Discover how credit unions can use sophisticated machine learning models to more accurately identify risk and approve more applicants than traditional, credit score-based lending models.