Before launching our platform, we had our business model vetted. We secured two well-recognized law firms and auditing firms who vetted this new strategy and gave us the thumbs up. Not only did they agree with us, but they saw this plan as a new lending product. Credit Unions First is committed to giving our Credit Unions more control and new non-interest income all within banking regulations.
Collateral Protection Plans
You’ve wondered if there was a better way to protect your collateralized loan portfolio. There is; introducing the first Managed LSI (Lenders Single interest) Blanket Collateral Protection plan that finally puts the control, the compliance, and the capitalization of unused premium reserves where it belongs . . . in your Credit Union’s hands.
- Driving new efficiencies
- Providing more control
- New non-interest income
- Post reserves to the balance sheet