Setting up small business lending for success: 7 strategies for credit unions
Launching or expanding small business lending offers credit unions powerful opportunities to strengthen member relationships and diversify portfolios—but it also introduces new risks and regulatory scrutiny.
This guide outlines seven practical strategies to help credit unions confidently grow their small business lending programs while managing risk effectively. From defining risk appetite and setting concentration limits to monitoring leading indicators and adopting consistent charge-off policies, these proactive steps can position your institution for sustainable growth.
Learn how to:
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Establish a clear framework for managing lending risks
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Track key metrics and early warning indicators
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Build examiner confidence through sound credit risk management practices