Reaching Immigrant Communities with ITIN Lending
Gopal Swamy, CEO at Conductiv, stopped by the CU Broadcast Studio Lounge to share highlights and insights from the CUNA Lending Council Conference session on "ITIN Lending – Helping Your Credit Union Reach Immigrant Communities."
According to Swamy, credit unions are both “mission and margin driven.” He noted that best practices at many credit unions is to treat all applicants the same and in many cases the ITIN-based lending portfolio has a lower risk than the average.
Check it out the interview at the CU Broadcast website.