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5 MBL Details Examiners Are Watching

From living expenses to loan participations, learn how to better prepare for your next exam.

By Michelle A. Samaad | Updated on June 12, 2014

CU Business Group LLC, a Portland, Ore.-based business lending and services CUSO, said it has discovered several member business lending issues that have drawn increased examiner scrutiny. The CUSO discovered the trend after meeting with NCUA officials, including Vin Vieten, the agency’s member business lending program officer, and after speaking with some of its 460 credit union clients.

“It’s not filtering through one examiner’s opinion on how a MBL loan program should run or how a loan should be underwritten,” said Larry Middleman, CUBG president/CEO. “We focus on those trends rather than just the one-off, realizing the direction of NCUA in addressing the complexities of commercial lending.”

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