The PCUA’s Business Advisory Services Department (BAS) is taking their training and consulting on the road. On the following dates and at the listed locations below, Molly Snody, Director of Business Advisory Services will offer training sessions entitled Analyzing Self Employed Borrowers Tax Data and Offering Business Services: An Honest Opinion.

              March 2, 2010          Westmoreland Community College, Youngwood, PA
              March 3, 2010          First Choice Federal Credit Union, New Castle, PA
              March 5, 2010          UFCW Local 1776 Federal Credit Union, Plymouth Meeting, PA
              March 10, 2010        PA Credit Union Association Headquarters, Harrisburg, PA

Analyzing Self Employed Borrowers Tax Data
10:00 a.m. - 12:00 noon
$99.00 per attendee*

Molly will take participants through a business owner’s personal tax return (form 1040) to learn the basics of deciphering cash flow of this growing segment of our loan applicants.

This session is designed for Consumer and Business Loan Officers and Branch Managers who need a better understanding of a business owner's personal cash flow and will cover topics including:

  • Tips on seperating tax deductions from actual cash expenditures
  • Tips on identifying true cash received by the business owner from taxable income or profits reported
  • The components of Schedule E, pages 1 and 2
  • Basic rules of business taxation based on the legal structure of the business
  • Importance of reviewing and asking for all schedules including schedule K-1

Offering Business SERVICES: An Honest Opnion
1:30 p.m. - 3:30 p.m
$99.00 per attendee*

Molly will provide attendees with the knowledge necessary to make an informed decision whether launching a business services program at their credit is right for them.

The truth is...offering business services isn't for every credit union. Only after a credit union's board and management staff fully understand the fundamental requirements of a successful business services program, should a credit union consider moving forward.

This no-hype session is designed to meet the needs of credit union CEOs, board members and senior management teams, providing greater insight into each operational and marketing aspects associated with business services, including:

  • Initial program costs and expenses
  • Revenue potential
  • Credit union cultural changes
  • Business lending skills and staffing requirments
  • Business deposit considerations
  • Compliance considerations

          *$99 per attendee, per session for Association member credit unions over $20M in assets
          $75 per attendee, per session for Association member credit unions under $20M in assets
                       $200 per attendee, per session for Non-member Association credit unions

                     ATTEND BOTH SESSIONS FOR ONLY $174 PER ATTENDEE!
                            (Credit Unions under $20M in assets attend both at $130 per attendee.)

                                                    REGISTER TODAY!

For more information, contact Molly Snody, Director, Business Advisory Services at extension 5209; email at molly.snody@pcua.coop.

Pennsylvania Credit Union Association
4309 N Front Street s Harrisburg PA 17110 s 800.932.0661
www.pcua.coop