Rise of Fintech in Consumer Loans: Threat or Opportunity?

on "August 11, 2020 9:45 am"

With the rise of fintech firms in consumer loan origination, credit unions face a choice: ignore them, compete with them, or partner with them. Learn how taking an allied partnership approach with the right fintech lender can improve your member experience and add organizational value in a post-COVID-19 world.

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Rise of Fintech in Consumer Loans: Threat or Opportunity?
Thursday, August 27, 2020 • 8:30 am - 10:00 am HST

REGISTER HERE

With the rise of fintech firms in consumer loan origination, credit unions face a choice: ignore them, compete with them, or partner with them. Learn how taking an allied
partnership approach with the right fintech lender can improve your member experience and add organizational value in a post-COVID-19 world.

In today’s world, it is important to understand how fintech loan originators are addressing challenges brought on by COVID-19. We will discuss steps being taken to
address the economic impacts the COVID-19 outbreak is having on a borrower's ability to repay, both in the front-end underwriting and verification processes and
implementing conservative underwriting changes.

In this webinar, you will learn how to identify the right avenues of cooperation and navigate potential pitfalls in developing strategic partnerships with fintech consumer
loan originators that will complement or diversify your current lending programs. This webinar will explore various forms of collaboration between credit unions and new
fintech consumer loan originators. You will learn about what to look for and what to avoid in credit union-fintech loan origination partnerships.

The benefits of a successful partnership with the right fintech consumer loan originator will allow your credit union to:

  • Provide new products/services to new members
  • Provide new products/services to existing members
  • Provide existing products/services to new members
  • Become more efficient
  • Complement organic loan originations
  • Diversify loan portfolio
  • Improve ROA, ROI and Loan-to-Deposit Ratio


Topics Covered:

  • Fintech
  • Consumer Loans
  • Origination Partnerships that span Personal Loans, Auto Loans, Student Loans, Home Improvement Loans, HELOCs, Solar Loans, POS Loans, Boat & RV
    Loans, and more
  • Forward Flow Programs
  • White Label Programs
  • Bespoke Origination Programs
  • Regulatory Concerns

Who Should Attend?

This presentation is for senior management, including CEOs, CFOs, CLOs CCOs, COOs, and Presidents. Also recommended to attend include Lending Professionals,
Consumer Product Managers, and Strategic Partnership Professionals.

About The Presenters:

Tyler DuBusky is a Co-founder and Principal at Premier Consumer CapitalLLC. He has worked in the capital markets throughout his career, advising credit
unions and other institutional investors on whole loan sales in the primary and secondary markets, fintech lending partnerships, and other strategic initiatives and
balance sheet optimization programs.

Kelly Riddle is a finance professional with experience in corporate finance, accounting, investment banking, and whole loan trading. She is a co-founder and principal at Premier Consumer Capital LLC where she works with credit unions and other institutional investors to structure whole loan transactions.