Participation Lending

Participation lending refers to sharing loan risk and income among partner organizations (investors).  The credit union sells or buys all or part of a loan.  Investors can be other credit unions or other organizations.  Are you interested in participation lending but don’t know where to start?  Do you need help getting a participation lending team up to speed and working efficiently?  Check out the flyer below for Tips and Best Practices from CU*Answers Management Services.

Participation Lending Brochure

Loan Participation Program

If you would like to join the participation group list or if you are interested in starting a participation program, please fill out the below form.

View the Brochure

Updated
June 5, 2023

Vehicle Valuation Price Increase Arriving in October

Vehicle Valuation Price Increase Arriving in October

Attention CU*Answers clients: effective October 1st, 2023, pricing for J.D. Power Vehicle Valuations will be increasing.  The monthly cost will increase from $52.50 per month to $55.00 per month, while valuation costs will increase from $0.21 per valuation to $0.22 per valuation.  These price increases will apply to all clients using the service, including current… Read more »

Aug 11, 2023

Join CU*Answers and SavvyMoney to Learn About Robust Credit Score Solutions that can Help Bolster Customer Relationships!

Join CU*Answers and SavvyMoney to Learn About Robust Credit Score Solutions that can Help Bolster Customer Relationships!

SavvyMoney offers robust credit score solutions that empower you with digital personalization and real-time analytics, which can help you to strengthen and deepen your relationships with customers. If you’re interested in learning more, we invite you to join our upcoming webinar!  Use the button below to register today. Have questions?  Reach out to us at lendervp@cuanswers.com. … Read more »

Aug 9, 2023

Join CU*Answers and SavvyMoney to Learn About Robust Credit Score Solutions that can Help Bolster Customer Relationships!

Join CU*Answers and SavvyMoney to Learn About Robust Credit Score Solutions that can Help Bolster Customer Relationships!

SavvyMoney offers robust credit score solutions that empower you with digital personalization and real-time analytics, which can help you to strengthen and deepen your relationships with customers. If you’re interested in learning more, we invite you to join our upcoming webinar!  Use the button below to register today. Have questions?  Reach out to us at lendervp@cuanswers.com. … Read more »

Jul 27, 2023

Michigan Department of State (MDOS) to Require Electronic Lien Filing Beginning October 1st

Michigan Department of State (MDOS) to Require Electronic Lien Filing Beginning October 1st

Beginning on October, 1st, 2023, all financial institutions in the state of Michigan will be required to file title liens electronically.  There are two ways that credit unions can manage titles electronically: Service Provider (DealerTrack) If your credit union is interested in utilizing DealerTrack, please contact the DHD team at DevelopersHelpDesk@cuanswers.com. E-Services Account (MDOS) If… Read more »

Jul 25, 2023

Here comes the next Collections Roundtable!

Here comes the next Collections Roundtable!

Get Ready for the Next Collections Roundtable! Join us for the FREE Collections Roundtable, an open forum discussion on collections laws, internal procedures, and CU*BASE processes.  Join us for the third session of the 2023 Collections Roundtable Series – for whichever session you’d like, or both! We are once again hosting an in-person version of… Read more »

Jul 25, 2023

Leadership 2023 Recap: Upcoming 1-Click Projects

Leadership 2023 Recap: Upcoming 1-Click Projects

If you missed the 2023 CU*Answers Leadership Conference or want a convenient way to review materials discussed at this year’s event, we’ve got you covered!  Today’s hot topic comes from Lender*VP! Are you looking to bolster your loan portfolio, replace fee revenue, or put loans on the books while also providing members with the ultimate… Read more »

Jul 24, 2023