U.S. Department of the Treasury Recommends Regulatory Relief for Community Banks and Credit Unions

U.S. Department of the Treasury Recommends Regulatory Relief for Community Banks and Credit Unions Though community banks hold less than 20 percent of the banking industry’s assets, they account for nearly 50 percent of small business loans. Why are small businesses more inclined to fuel their growth using community-based lenders, rather than regional or national

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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,

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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

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Simulation Learning: 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

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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

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Master the Asset Conversion Cycle

Master the Asset Conversion Cycle The Asset Conversion Cycle is made up of two separate and unique cycles that cover the short term, or working assets of the business, and the longer term assets of the business. Let’s examine both cycles more closely. The first cycle, and most important in my opinion, is the Operating

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Using Big Data To Analyze Training Effectiveness

Professional development and training needs vary across financial organizations, but a culture of continuous and effective learning is important to enable consistent growth. By understanding the skill level of your talent, organization can embrace emerging business opportunities and adapt to evolving industry needs.

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