Blog

Get Updates by Subscribing to Our Newsletter

Credit Unions Thinking of Ramping Up Commercial Loan Opportunities

Credit Unions Thinking of Ramping Up Commercial Loan Opportunities With recent changes to member business lending rules, credit unions have new opportunities to target areas of commercial and business lending that were previously unavailable to them. According to an article by the Philadelphia Federal Reserve, credit unions have been increasing their market share since 1998,

READ MORE

Understanding the 2018/2019 Training Effectiveness Benchmarking Report

Understanding the 2018/2019 Training Effectiveness Benchmarking Report The Benchmarking Report is real data from real learners from around the globe who have taken Omega Performance’s seven most popular courses and features an easy-to-understand graphical format depicting one course per page. Below is a graphic showing our Commercial Loans to Business benchmarking page, along with simple explanations

READ MORE

Best Training Methods for Ensuring that Lenders Retain and Gain Information

Best Training Methods for Ensuring that Lenders Retain and Gain Information Last week, Omega Performance hosted a webinar to encourage lending organizations to incorporate our Case Study Library into their training. This unique approach to case-based application is designed to  help learners apply and expand their lending knowledge, and—when used in conjunction with foundational credit

READ MORE

Bank Simulation Training: Advantages of the Virtual Workspace

Simulation Learning: Advantages of the Virtual Workspace When you think of simulation learning, you probably think of flight simulators for pilots, or medical simulations for healthcare workers. But what about simulation learning to help your financial institution’s employees become better lenders? Simulation is the artificial representation of a real-world process. It can help learners develop

READ MORE

Omega Performance Releases New Case Studies Based on Your Feedback

Omega Performance Releases New Case Studies Based on Your Feedback Omega Performance continuously strives to provide you with high-caliber content. As part of that, we often reach out to our clients to find out how we can best meet their training needs. We recently surveyed our clients about the kinds of Case Studies they’d like

READ MORE

If You’re Not Learning, You’re Forgetting

If You’re Not Learning, You’re Forgetting When you were in school, did you ever cram for an exam the night before? If so, did you forget much of the information shortly afterwards? Ebbinghaus’ Forgetting Curve—or, more simply, “the Forgetting Curve”—shows how newly learned information is lost exponentially over time if it’s not used. Basically, the Forgetting

READ MORE

How Should Global Cash Flow Be Calculated?

The definition of “global cash flow” is bantered around endlessly by bankers and federal regulators alike. It’s common knowledge that upon assessing repayment risk on a small business loan, it’s important to understand the big picture— which is not limited to the business, and includes analysis of the cash flow situation of any individual signer or guarantor. Global

READ MORE