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Loan Participations Webinar
June 28, 2022 @ 2:00 pm - 3:00 pm
Join us: June 28, 2022, at 2:00 pm (EST)
Properly managed Loan Participation programs can be a difference-maker for credit unions, but pitfalls abound. That is why NCUA included loan participations on its list of supervisory priorities for 2022. NCUA examiners will be evaluating credit union risk assessments of their programs and verifying the separate and distinct record-keeping requirements for such programs.
Understand the operational and compliance complexities of managing, and examining loan participation programs. Successfully mastering the nuances of a well-run program makes for a safe, sound, and profitable credit union.
NASCUS’s webinar will explore the common compliance shortfalls of loan participation programs and present strategies to avoid commingling and ensure proper reporting with the new 5300 report codes.
Cost to Attend: $199
Speaker: Ian Lampl
Ian Lampl is CEO & Co-Founder of LoanStreet Inc., an innovative online platform that helps financial institutions share, manage, and originate loans.
Prior to launching LoanStreet, Ian served as Deputy Chief Counsel for the Office of Financial Stability which implemented the Troubled Asset Relief Program (TARP) for the United States Department of the Treasury. While at Treasury, Ian developed and managed a number of the Treasury programs to stem the financial crisis. For his work, he received the Treasury Secretary’s honor award for exemplary public service.
Ian is recognized as an industry leader in loan participations and is a frequent speaker at banking, credit union, and financial technology conferences. Before joining Treasury, Ian was an attorney at Cravath, Swaine & Moore LLP, where he focused on commercial lending and securities offerings. He graduated with honors from both University of Chicago Law School and Princeton University, where he received a B.S.E. in Electrical Engineering.