MBFS Expands Offerings with Launch of Quarterly Webinar Service
TREVOSE, PA, October 10, 2017 – MBFS, a business lending CUSO based in Pennsylvania, announces a new service for credit unions offering business services. Beginning this November, MBFS will host a quarterly webinar focused on assisting credit unions in expanding their business services offerings in a safe and sound manner. Each two-hour session will cover two broad topic areas: business development and sales, and business lending operations (including best practices and compliance alerts). While credit unions already have access to many high-quality educational and training opportunities nationwide, the MBFS webinar service will provide timely, relevant, and practical information in a convenient and digestible format. Participating credit unions will have the opportunity to hear about today’s current lending environment, receive industry updates, and engage with peers nationwide on a wide range of hot topics.
Considering the sweeping changes in the NCUA’s business lending regulations over the past year, MBFS believes the time is right to offer credit unions actionable insights on changes in the business lending marketplace as they occur. The quarterly webinar service is offered as an annual subscription-based service with fees tiered based on a credit union’s asset size. All sessions will be recorded and archived for convenient future access.
“I am very excited about the new webinar service,” says Mark Ritter, CEO of MBFS. “This service is designed to complement the educational opportunities already available and to help build the knowledge base at credit unions. As our webinar service matures we anticipate it becoming a central hub for business lenders to congregate without the expense of traditional conferences.”
The first MBFS quarterly webinar will be held on Thursday, November 16th at 1pm EST. Credit unions that subscribe to the service prior to the first session will receive a 15% discount off standard pricing.
Only one registration per credit union is needed and pricing is tiered based on asset size:
- Credit unions under $50 million: $275 annual fee
- Credit unions $50 to $250 million $450 annual fee
- Credit unions $250 million to $1 billion: $650 annual fee
- Credit unions $1 billion+: $875 annual fee
For more information, visit: www.mbfs.org or email: firstname.lastname@example.org.
MBFS is a credit union service organization (CUSO) that provides loan servicing, portfolio management services, loan underwriting, coordination of loan participations, and preparation of loan documents. MBFS currently serves over 40 credit unions and services over $550 million in member business loans. MBFS is owned by 11 credit unions, including: American Heritage Federal Credit Union, American Spirit Federal Credit Union, Choice One Community Federal Credit Union, Discovery Federal Credit Union, Eagle One Federal Credit Union, Erie Federal Credit Union, P&G Mahoopany Employees Federal Credit Union, Penn East Federal Credit Union, People First Federal Credit Union, Service 1st Federal Credit Union, and Viriva Community Credit Union.