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NASCUS is holding an intermediate class in our member business lending (MBL) training series – Cash Flow and Commercial Real Estate Lending Boot Camp – January 14-18, 2008 in San Diego, California.
Member business lending continues to present a business opportunity for credit unions. With the opportunity, however, come some real safety and soundness concerns. As such, providing MBL education for state credit union examiners and credit union lending staff is a NASCUS priority.
We encourage examiners and credit union executives to join us for a week-long school devoted to the bringing examiners and NASCUS Credit Union Advisory Council members a greater understanding of two critical aspects of member business lending: cash flow and commercial real estate lending. The instructor for the school is Jim Devine of Hipereon Consulting (see below for more information on the speaker.)
The two days of cash flow sessions are designed to give attendees an in-depth understanding of the dynamic financial analysis process of reviewing historical operating performance and linking it to realistic financial projections when considering business loans. Attendees will participate in hands on learning by completing comprehensive financial analysis of several business entities and presenting and defending their conclusions to a mock credit committee.
Following the Cash Flow Boot Camp, we’ll spend two and one-half days enhancing attendees understanding of the critical elements of commercial real estate lending. Participants will review credit policies and underwriting procedures for commercial real estate loans, analyze performance for income producing properties and develop an understanding of the economic dynamics of commercial real estate.
Participants should have a basic understanding of member business lending concepts. We encourage examiners who’ve participated in NASCUS or NCUA’s MBL programs or who are involved in MBL exams to attend. Credit unions who offer commercial real estate loans are encouraged to attend.
Email ryan@nascus.org with questions. Click here to register.
The cost for this school is $1,399 for NASCUS regulators and examiners, $1,699 for Credit Union Advisory Council members and $1,999 for non-member credit unions. Register by December 3, and receive a $100 discount. Certified examiners qualify for a $50 discount. Tuition includes lodging.
Hotel Information*
Courtyard by Marriott San Diego Old Town
2435 Jefferson Street
San Diego, California 92110
*Note, space is still available in the class but the block at the hotel is full. Please call Ryan Taylor at (703) 528-2798 to discuss hotel accommodations and adjusted fees.
About the speaker:
Jim Devine is a frequent speaker at NASCUS’ MBL training Programs. He co-founded Hipereon, Inc. in 1985. Prior to starting Hipereon, Inc., he served as a senior consultant with Moss Adams Advisory Services with special focus on financial management, strategic planning and ownership transition training for financial institutions and businesses. He has trained thousands of lenders, business owners and accountants throughout the U.S. and abroad. For more than 25 years, Jim has been active in managing, financing, and buying and selling closely held businesses.
He has been a faculty member of the National Graduate Trust School at Northwestern University, the Graduate Banking School at the University of Wisconsin and the Stonier Graduate School of Banking at Georgetown University. Jim is the co-creator and lead faculty member for the CUES Business Lending School providing business credit training to credit union staff members on a national basis. He is also a co-creator and lead faculty member for the California Banker's Association Commercial Lending School and the Washington Independent Community Banker's School of Business Lending.
Jim co-authored Risk Management Associates, formerly known as Robert Morris Associates' "Understanding Your Small Business Customer" training series and has facilitated their national small business round tables on managing business banking practices. He has conducted numerous consulting assignments for financial institutions dealing with managing and implementing business banking practices. Further, he has been a featured speaker at conferences sponsored by numerous national organizations, business groups, and trade associations.
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