According to CUNA's Econonomics and Statistics department, at the end of 2008 approximately 36%; of credit unions offered services to small businesses and for all business loan types, the average loan size was approximately $213,000. This represents not only a lot of volume, but also a lot of room for growth. Needless to say, business loan staff need to be prepared for anything. Business loan staff is best prepared when officers know what's expected of them to stay compliant with the Bank Secrecy Act.

Assure your business loan staff understands BSA requirements for collecting information from potential business loan clients with this Training on Demand. It is the best way to assure service that is compliant, thorough, and efficient as the business lending segment grows.

CUNA Training on Demand is a downloadable, video-like training tool that provides a 30-45 minute expert presentation.