 |
|
|
|
|
Afternoon Educational Session - 4:30 - 5:30
Adding Member Business Loans to the CU Portfolio
Frank Amantia, President and
Steven Smits, VP of Operations
Mid-Atlantic Financial Partners, LLC
|
|
The May educational session will feature Frank Amantia and Steven Smits of Mid-Atlantic Financial Partners, LLC, a local CUSO formed in 2003. The organization provides business loan origination, processing, underwriting, funding and servicing, and loss mitigation. Partners of the CUSO are Mid-Atlantic FCU, Prince George’s Community FCU and Visions FCU.
This session will focus on key considerations associated with adding MBLs to a credit union loan portfolio. Amantia and Smits will address business lending regulatory issues; asset quality / loss concerns; and ways credit unions can engage member business lending, whether directly or through loan participations. Credit union executives considering the addition of MBLs to their lending portfolio should attend this program and bring their questions.
In addition to serving as President of the CUSO, Frank Amantia holds the position of Senior Vice President and Chief Lending Officer of MAFCU. He is a multi-disciplined banker with 30+ years experience.
VP of Operations of the CUSO, Mr. Smits holds a MBA from Johns Hopkins University and has worked with Deutsche Financial Services, FCNB and PNC Banks.
The session is free for those attending the evening session. Fees for the afternoon session only are $10 for members and $20 for non-members.
|
|
|
 |
|
|
|
Upcoming Events
June 28
Dinner Meeting in Virginia
Development Seminar: Speaker TBA
Evening:
The Honorable Debra Matz
Chairman, NCUA
July 26
Luncheon in Virginia
Speaker TBA
~
April 23
MACUMA Annual Charity
Golf Outing
Blue Mash Golf Course
Laytonsville, MD
Many thanks to golfers, sponsors and volunteers at this year’s event! Eighty-four golfers are registered for the outing.
Please visit the MACUMA website to view a complete listing of our 33 sponsors.
~
September 2010
Annual Leadership Conference
National Speakers - Current Topics - Low Travel Expenses
Speakers include: Ron Nice, Deedee Myers, Chip Filson, Anthony Demangone, Tom Glattand a Lending Roundtable led by representatives from Apple FCU, Congressional FCU and SECU Maryland. Former CEO of Congressional FCU, Bob Hess will moderate the Directors’ Round Table.
Plan now to attend
MACUMA’s 2010
Annual Leadership Conference at
Loew’s Hotel in Annapolis, MD, September 15 – 17.
For information, contact
Connie Hackney,
connie@macuma.org.
|
|
|
Did you know?
MACUMA is a proud sponsor of the
Annual Credit Union Cherry Blossom Ten Mile Run.
MACUMA donated in 2009 to Susan G. Komen for the Cure and CU Miracle Day!
MACUMA is a Benefactor of
The Credit Union Foundation of MD & DC!
Training Support
Maryland and D.C.-based credit unions may be eligible for training cost reimbursements through the CU Foundation of MD & DC’s Staff Training Grants. For eligibility guidelines, details and an application form, visit: www.cufound.org/training.htm.
~
|
|
|
|
|
