TAMPA BAY, Fla. — NAFCU will be offering a seminar on how the mortgage crisis is affecting credit unions at its next hot topic meeting.
“Increasing Delinquencies, Foreclosures and Regulatory Scrutiny: Survival of Credit Unions in the Current Economy” will be held at the Hyatt Regency here on Oct. 29.
Credit union legal expert Michael D. Lozoff will offer advice on cost reduction and membership growth and discuss how deregulation, compliance and competition will continue to fuel the merger trend during the two-hour seminar.
Lozoff will also offer insight on Florida credit unions' response to the rising number of foreclosures and the subprime spillover's impact on credit cards and other credit union loans, according to a statement issued by NAFCU describing the seminar.
Credit unions are invited to attend. The cost is $30.
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