WASHINGTON—CU Direct has introduced a new suite of lending advisory services.
According to the company, which works with more than 1,100 CUs in lending and automotive solutions, the Advisory Services’ core disciplines are Lending Optimization Review, which assesses single processes, lending programs, and a CU’s entire lending organization; Portfolio Risk & Profitability Analysis, which details portfolio performance, benchmarked data, profitability and current credit risk at product levels; Fair Lending Analysis, which tests loan application data to search for disparate impacts to applicants in protected classes, and Lending Academies, which provides CU training and certification on collecting, analyzing and managing key data to help improve lending and member revenue.
For info: www.cudirect.com.