What People are Saying:

Independent Loan Reviews

What a fantastic group of people you have for a staff out there!!!  They worked so hard on getting the two most serious loans re-documented for me. 

I cannot tell you in strong enough terms how much I appreciate their hard work, dedication and professionalism.  Thanks for all you have done for us.

Sincerely,
Richard Valois, President
Financial One Credit Union
Columbia Heights, Minnesota

CU Business Group now offers independent loan review services for credit unions. Prudent business lending practices require an independent third party to review the quality and thoroughness of your credit union’s underwriting and file documentation. CU Business Group’s expertise in this area is unparalleled in the credit union industry. Our independent view will provide expert feedback to ensure appropriate quality levels are maintained at your credit union.

What we'll look for:

• Does your staff follow your credit union's written policies and procedures on each and every business loan file?
• Are all of the necessary documents in your commercial loan files?
• Was the cash flow analysis done correctly?
• Are all insurances active?
• Was annual risk monitoring done?
• Were risk ratings assigned correctly, and updated on the loan anniversary?
• Are you providing the necessary reports to your Board and/or Credit Committee?

Structuring Your Project:

We offer maximum flexibility in structuring the work so it fits the specific needs of your credit union. The following options are available to you:

• On-site reviews for maximum interaction between your credit union and CUBG's expert staff
• Appropriate sample sizes can be chosen from your portfolio for maximum efficiency and coverage
• Bulk discounts are available for ongoing loan review work, which are typically done in 6-12 month intervals