Action Plans for Troubled Credit

Recognizing that you have a troubled credit in your portfolio is traumatic enough. Having to deal with a declining relationship that may cause your bank a significant loss can create an outright panic. Instead of freezing or believing that things will get better on their own, now is the time to blaze the path forward to avoid a charge off.

The earlier you catch a troubled credit the better your options are to minimize any future loss. Learn the steps you need to take and identify the various options that are available to you in facing what is likely the most important part of being a commercial banker.

Learning Objectives:

• Analyze the early warning signs of troubled credit.
• Learn the steps to take to minimize any future loss.
• Setup a plan to avoid a charge off loan.

Duration: 60-minutes

Recorded on July 9, 2024.