RMA has developed a Problem Loan Seminar Series in convenient, web-based learning formats to help you identify which loans in your portfolio might be troublesome and how to prioritize growing issues during this challenging time.
RMA's Problem Loan Seminar Series features Problem Loan Indicators and Problem Loan Resolution.
Problem Loan Indicators is designed to enhance the participants ability to identify and evaluate potential problem loans in the current environment. It opens with the uneven impact of economic change on various industries and the governments influence, pro and con, thereon. The major focus is on commercial borrowers and the warning signs that suggest budding problems.
Problem Loan Resolution is designed to provide participants with a template to: identify the options available to deal with a problem loan; and to identify the steps to take to evaluate the borrower and the selection of the best option. The focus is on developing a successful workout when supported by the appropriate factors, since workouts tend to yield the least adverse outcome for both parties.
The instructor for this seminar series is Joseph W. May, a former executive vice president and chief administrative officer of Whitney National Bank. Prior to joining Whitney, May was executive vice president and chief credit policy officer with Comerica Incorporated. He held that same position with Manufacturer National Corp. prior to its merger with Comerica. May has served in various capacities during his association with RMA which began in 1971, and was president of RMA in 1993–1994. He received his B.S. and M.B.A. degrees from the University of Rhode Island and graduated from the NACM Graduate School of Credit and Finance, Stanford University. Joe has been an RMA instructor and course designer for over 30 years. In addition, he has been a SCORE counselor and local chapter officer for 15 years.