Development Finance Training and Consulting Inc. | p: 207 669 4257 | f: 516 539 3550 | email@example.com
Credit Union Consulting Services
DFTC offers comprehensive consulting services to individual credit unions and Credit Union Service Organizations (CUSO's) in the areas of risk management and Member Business Lending (MBL) program management. Specific services include credit department creation, loan portfolio review, third-party underwriting, loan underwriting and on-site services.
As NCUA and state regulators place increased scrutiny on the management of MBL portfolios, DFTC can work with your Credit Union to improve your organization's performance and profitability. DFTC has assisted credit unions in turning around MBL programs that have been downgraded or issued Cease and Desist orders. DFTC can effectively assist you in responding to Documents of Resolution (DOR's), Special Actions and other issues that your examiner addresses.
Below is an overview of the specific capabilities that DFTC can deliver in a number of different consulting areas by topic and function.
Credit Department Creation
DFTC staff have experience in creating or enhancing the capabilities of new (or existing) Member Business Lending (MBL) departments. DFTC can assist you to do the following:
Establish underwriting guidelines as part of the overall strategy of your institution
Create customized loan presentations and loan reports for senior management
Design appropriate job descriptions for MBL positions
Implement risk rating system protocols for underwriting compliance with NCUA and State regulations.
Assist with Allowance for Loan and Lease Losses (ALLL) calculations and overall portfolio monitoring.
Develop Policies and Procedures Manuals
Loan Portfolio Review
DFTC can prepare you for your next audit or regulatory exam by reviewing and evaluating your existing MBL portfolio. In order to strengthen the performance of your portfolio and to better comply with regulatory requirements, DFTC will:
Review and improve your loan policies and procedures
Create more effective underwriting protocols
Review your files and origination documentation to include:
Compliance with internal policies
Closing checklist of needed loan documents
Environmental Questionnaires and reviews
Collateral review sheet
Personal Financial Statements
NCUA compliance checklist
Loan Presentation format
Review Risk rating reports and recommend necessary changes
Analyze compliance with loan terms and conditions
Review portfolio concentration
Identify potential losses and the adequacy of loan loss reserves
Third Party Underwriting
DFTC's business lending experts can provide depth and expertise to your credit union's underwriting capabilities. With several decades of experience evaluating the credit needs of business, DFTC can provide whatever level of underwriting assistance your credit union requires. We will:
Evaluate loan requests for compliance with basic loan underwriting criteria
Review CUSO participations
Conduct annual reviews to meet the requirements of NCUA Rule 723
Complete a credit analysis of existing businesses to determine their strengths and weaknesses
Analyze ratios and business trends using credit analysis software
Complete reports for consideration by loan committees
DFTC's consulting services also provide the capability to serve on an interim basis at all levels of credit union management, including the positions of:
Special Assets Manager
For additional information about DFTC's consulting services, please contact Dana Sumner at firstname.lastname@example.org or (207) 923.3030
DFTC has earned the reputation of being a leader in training and consulting services. Our primary customers are community lenders in the banking, credit union, and economic development sectors.
With our extensive experience in the financial services industry, DFTC knows what it takes to effectively develop and increase financial management skills. The real world experience of DFTC's financial experts provides an unsurpassed learning opportunity. With experience as commercial lenders, entrepreneurial business owners and business consultants, our perspective brings each subject matter alive by using real-life examples. Our teaching style also creates a relaxed environment that fosters interactive participation and empowers students to take control of their own learning.