Overwhelming response prompts CUNA Mutual to add Reg Z Webinars
OVERWHELMING RESPONSE PROMPTS CUNA MUTUAL TO ADD THREE REG Z WEBINARS
More Than 600 CU Participants Attend First Two Sessions on Proposed Changes To Open-End Lending
MADISON, WI – CUNA Mutual Group’s first two Regulation Z Webinars on proposed changes by the Federal Reserve Board to multi-featured open-end lending drew more than 600 credit union participants, prompting the company to add three additional sessions in September.
Webinars on Aug. 23-24, each attracted 300 attendees, the maximum number available, said Webinar instructor, Bill Klewin, an attorney and lending expert for CUNA Mutual.
“Credit unions are clearly concerned about the impact the Fed’s proposed changes would have on their ability to continue using multi-featured, open-end lending as their preferred method to make non-real estate, secured consumer loans,” Klewin said.
“We’ve added three additional educational Webinars on Sept. 6, 13, and 14 to meet the demand for credit unions seeking more information on this important topic.”
The free Webinars detail the following issues and include a question-and-answer session:
The Federal Reserve Board’s proposed changes to Regulation Z and their impact on credit union multi-featured open-end lending.
How proposed changes would hurt a credit union’s service and competitiveness.
Ways credit unions can affect these proposed changes.
The Sept. 6 and 13 Webinars are already filled, but there is still space for the Sept. 14 Webinar, which runs from 11:30 a.m. to 1 p.m., CDT. To enroll, visit www.cunamutual.com, access the Lending Resource Center, and click on “LOANLINER Lending.”
CUNA Mutual Group is the leading provider of financial products and services to credit unions and their members worldwide. More information on the company is available on the company’s Web site at www.cunamutual.com.