November 06, 2017

Lending Conference Day 2: Economic trends, Equifax, lending risk

NAFCU's inaugural Lending Conference began yesterday in San Antonio, during which credit union representatives learned about trends affecting lending, including trends in sales, millennials and fintech. Today, attendees will examine how economic conditions will impact lending, learn how to organically grow lead generation programs and respond effectively to data breaches.

The association's new Lending Conference gives attendees the opportunity to hear from industry leaders on strategies to boost their credit union's lending portfolio and changing regulations that will impact lending opportunities.

Here are a few of the experts attendees will hear from during today's presentations:

  • Elliot Eisenberg, president of GraphsandLaughs, will provide insight to current economic trends – including the stock market, housing market and consumer debt – and how they are likely to affect lending.
  • James Bullard, senior consultant for risk and compliance at CUNA Mutual Group, will outline the consumer lending process and how credit unions can identify lending risk.
  • Melissa Klimkiewicz, partner at Buckley Sandler, will detail how credit unions can curb loan fraud and prevent identity theft, especially in the wake of recent data breaches, as well as mitigate flood risk.
  • Josh Cook, COO of Community Choice Credit Union, will discuss ways in which credit unions can generate better business leads to help them grow.

NAFCU Vice President of Regulatory Compliance Brandy Bruyere will also lead a presentation today to help attendees better understand the regulations that impact advertising and credit card lending.

Tomorrow's sessions will include a panel discussion on indirect lending and presentations on acquiring millennial members, the state of the auto lending market and how to connect marketing and compliance efforts.

NAFCU's inaugural Lending Conference continues through Thursday. Learn more about the conference here, and follow updates on Twitter with #NAFCULendingConf.