Lending to Municipalities
Extending credit to municipal entities requires legal, tax, accounting and credit analysis that can be quite different from conventional commercial lending decisions.
This webinar is designed for bankers desiring to serve the needs of their local communities both safely and profitably.
This webinar has been developed for banks and bankers who are aware of opportunities to serve their community through credit services to municipalities and other local government or quasi-governmental organizations (i.e. volunteer fire departments, emergency health care providers, political subdivisions, etc.). Extending credit to municipal entities requires legal, tax, accounting and credit knowledge and analysis that can be quite different from conventional commercial lending decisions.
There are many issues involved. Governmental entities provide financial information, often using unfamiliar fund accounting. Budgeting constraints have a direct impact on how credit requests are structured. Lease financing is frequently needed. Commercial customers may need financing for contracts with local government entities. Since 2008, municipal bankruptcies have risen, but overall the default risk on municipal bonds is low and interest paid by municipalities and related types of entities is often tax free to the bank.
This program has been developed for loan officers, credit analysts, loan review and credit administration personnel needing an overview of safe and sound lending to this unique market segment/opportunity.
- Governmental use of bond financing
- Impact of frequent long-term financing needs on bank credit evaluation and profitability.
- Basics of Fund Accounting
- Effect of different forms of municipal government: mayor/council, council/manager, or commission
- Importance of relationship in municipal lending (all politics are local)
- Collateral and lien documentation
- Lending/credit opportunities (needs)
- Profitability and federal income tax-free interest income
- Benefits beyond profitability
Loan officers, credit analysts, note and credit department personnel, internal auditors, loan review and compliance personnel or any banker involved in the lending function.
Robin Russell: co-chairs the Bankruptcy & Financial Restructuring Practice at Andrews Kurth LLP. She combines a depth of experience in bankruptcy restructuring and litigation with financial transactions. Robin is the principal author of Thomson Reuters’ Texas Practice Guides for both Creditors’ Rights and Financial Transactions and the Texas Bankers Association’s Texas Secured Lending Guide, Texas Problem Loan Guide and Texas Real Estate Lending Guide. She is a frequent speaker on banking, bankruptcy and financial restructuring related topics.
Institute of Certified Bankers: Visit http://www.icbmembers.org/login.aspx for instructions regarding self-reporting. Estimated credits: 2 hours/session
Member price: $265.00 | Non member price $530.00
Member price: $280.00 | Non member price $560.00
Online: Visit the CBA Webinar Catalog
Mail: Click here and mail completed form with check payable to ConferenceEdge to: (Mail at least 10 days prior to event)
1516 Xavier St., Ste 500, Denver, CO 80204
Phone: Call ConferenceEdge at (877) 988-7526 (credit card payments only)
- Preferred Payment Method: Online
- Please register online or by phone when paying with a credit card
- Payment Must Accompany Registration – Invoices are Not Provided
Register online up to day of event. Earlier registration allows time to check your computer for an optimal experience.