BIRMINGHAM, Ala.—Dollar Associates has announced it will host a series of webinars designed to respond to a market in which credit unions are being challenged to maintain auto loan volume and when the mortgage refinance boom is beginning to flatten.
As a result, the need for more diversification in credit union lending is greater than ever, Dollar Associates stated, adding the series of webinars will offer examples of credit union lending that are being pursued successfully by some credit unions and being potentially overlooked by others.
One of those areas is “aqua finance,” which involves loans for water-related investments that include boats, docks, swimming pools, personal water treatment systems and recreational vehicles.
The webinar will feature representatives of the company Aqua Finance.
‘Great Information Source’
“Aqua Finance has been involved in this area of lending for decades and has, as they move their business forward under new ownership, established relationships in recent years with numerous credit unions that have purchased or funded loans with them,” Dollar Associates said. “Their knowledge of this lending field, as well as their understanding of credit unions, makes them a great information source for the first webinar in the Dollar Associates series on loan diversification.”
Dollar Associates said the first free one-hour webinar will be held Aug. 4 from 2 p.m.-3 p.m. ET. Click Here for more information or to register.