Good math skills are an important core competency for most credit union employees. This course will familiarize you with calculations that are part of the lending and credit functions of a credit union.

This course features interactive online activities as a part of the print-based course. See them for yourself.

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Following are the topics and learning objectives:

Basic Lending Concepts and Calculations:

• List four reasons math skills are important for credit union employees
• Compare and contrast key features of open-end credit and closed-end credit
• Define finance charge and annual percentage rate (APR) according to the Truth-in-Lending Act
• Describe techniques fo