Podcast appearances and mentions of mark ritter

“We don't do agricultural lending." That's the common phrase uttered across America, but why? Phil Love, the leader of Pactola, and Mark Ritter delve into the benefits of agricultural lending, how to approach it, and the advantages for lenders.WHAT YOU WILL LEARN IN THIS EPISODE:✅ How agricultural lending empowers credit unions to support small businesses in farming communities.✅ The role of credit unions in providing operating lines of credit and real estate loans for sustainable local food production.✅ Key challenges and opportunities in agriculture lending, including navigating commodity markets and risk management.✅ How credit union agricultural lending strengthens rural communities and supports America's food supply.Subscribe to Credit Union Conversations for the latest credit union trends and insights on loan volume and business lending! Connect with MBFS to boost your credit union's growth today.TIMESTAMPS: 00:00 Phil's role at Pactola, a credit union service organization focused on agricultural lending, and describes his farming activities, including harvesting honey06:48 Phil explains the three types of agricultural lending: real estate loans, equipment loans, and operating lines09:48 Discussion on how credit unions in rural communities can leverage credit union agricultural lending to support farming as community banks consolidate11:56 Phil outlines the challenges in agricultural lending, including assessing small business balance sheets, succession planning, and external risks such as commodity markets and weather17:45 Discussion of beef prices, carryover debt, the One Big Beautiful Bill, inflation, interest rates and oil pricesKEY TAKEAWAYS:

Are you ready to revolutionize your Credit Union with cutting-edge AI? How can Pankaj Jain's expertise in technology and entrepreneurship transform your digital lending?Welcome to Credit Union Conversations, where we unpack the future of finance with industry trailblazers. Join host Mark Ritter as he dives deep with Pankaj Jain, exploring AI innovations from Synaptic to Algebrik, building trust amid legacy systems, and overcoming fear through continuous learning to attract Gen Z credit union members. Pankaj Jain, a serial entrepreneur whose journey from India to the heart of New York has fueled game-changing tech for credit unions, shares insights on innovation, relationship-building, and staying ahead in a rapidly evolving world. Whether you're navigating digital transformation or seeking growth strategies, this episode is packed with actionable wisdom. Let's dive in!IN THIS EPISODE:(00:00) Intro: Meet Pankaj(03:13) Pankaj describes his early entrepreneurship and his drive for Technology(04:57) Pankaj recounts moving to New York and pivoting Synaptic to serve Credit Unions(08:10) Algebrik, started in August 2024, to build Digital ecosystems for Credit Unions(13:50) Pankaj shares what he has learned over the years and emphasizes Trust as key in Credit Unions, built through consistent engagement(19:27) Reflecting on AI discussions in 2014, before ChatGPT, facing cynicism but building credibility for Synaptic's technology (29:14) Pankaj advocates digital tools to attract younger generations to the credit unions(34:35) Pankaj stresses the democratization of AI Technology to avoid mergers and maintain charters (39:55) Pankaj suggests the importance of education and learning about current and future technologyKEY TAKEAWAYS:AI and digital technology are critical for credit unions to modernize lending, reduce reliance on legacy systems, and attract younger members by meeting them on mobile platforms with seamless, paperless processes.Building trust through consistent, personal engagement is essential for entrepreneurship in the credit union space, as Pankaj Jain demonstrates with Synaptic and Algebrik, emphasizing relationships over transactional sales.Overcoming the fear of change through continuous learning enables credit unions to adopt AI solutions, as Pankaj Jain advocates, ensuring that smaller institutions can compete and grow without merging, thereby preserving their mission and charter.RESOURCE LINKS:Mark Ritter - WebsiteMark Ritter - LinkedInPankaj Jain - LinkedInAlgebrik AI - WebsitePankaj LD Jain - WebsiteContact PankajBIOGRAPHIES:PJ is the Founder and CEO of Algebrik. Algebrik, headquartered in New York City, is the world's 1st cloud-native, AI-powered digital-era Loan Origination Platform (LOS), designed for the next generation of members/consumers.KEYWORDS: AI, Credit Unions, Pankaj Jain, Technology, Entrepreneurship, Travel, New York, Synaptic, Algebrik, Digital, Lending, Members, Trust, Legacy, Systems, Fear, Learning, Loan Originating Platform, LOS

www.marktreichel.comhttps://www.linkedin.com/in/mark-treichel/Episode Summary In this episode of With Flying Colors, I sit down with Mark Ritter, CEO of Member Business Financial Services (MBFS) and host of Credit Union Conversations. Mark brings decades of experience in credit union business lending, having built MBFS from a three-person startup into a nationwide CUSO serving over 60 employees and credit unions across the U.S. and Puerto Rico.We dive into:The evolution of member business lending—from the early “Lewis and Clark” days to today's robust systems and strategies.The current lending environment: strong demand, liquidity challenges, and why stable employment remains the backbone of a healthy business lending program.The opportunities ahead, including refinancing booms as interest rates decline and five-year resets approach in 2026–27.The Federal Credit Union Act's unintended consequences and how the 12.25% cap on MBLs reshaped the industry.Shifting NCUA exam culture—from transactional reviews to portfolio management—and what credit unions must do to stay ahead.Why relationships and annual portfolio reviews matter more than ever in building safe, sound, and mission-driven lending programs.Mark also shares his perspective on where credit unions should focus their energy: serving small businesses, veterans, and underserved communities, while avoiding mission drift into mega real estate deals that don't align with cooperative values.Whether you're a CEO, examiner, or just curious about the future of credit union business lending, this episode delivers insight, history, and strategy from one of the industry's most trusted voices.Resources & LinksLearn more about MBFS: mbfs.orgListen to Mark Ritter's podcast Credit Union Conversations on all major platforms.Connect with Mark Ritter on LinkedIn.

Discover the credit union trends that are driving success in today's credit unions. Join host Mark Ritter on Credit Union Conversations as he and Keith Koval explore credit union loan volume growth and business lending participation loans, shaping the industry. This episode explores the evolving landscape of credit unions, highlighting trends that are transforming member services and community impact. Learn how credit unions are thriving in Western Pennsylvania and beyond. Discover strategies to navigate delinquency rates and leverage business deposits to overcome a liquidity crunch. Stay ahead with insights on credit union advertising and community service, driving growth and success.WHAT YOU WILL LEARN IN THIS EPISODE:✅ How loan volume is rebounding with new and repeat borrowers.✅ The impact of credit union advertising on market visibility.✅ Why business lending remains a steady growth driver.✅ The rise of participation loans and improved liquidity.✅ How community service strengthens credit union appeal.Subscribe to Credit Union Conversations for the latest credit union trends and insights on loan volume and business lending! Connect with MBFS to boost your credit union's growth today.TIMESTAMPS: 00:00 Keith discusses the credit union advertising surge in Western Pennsylvania, boosting the loan volume uptick05:09 Participation loans up 102%, business loans are up 11% overcoming the recent liquidity crunch, reflecting a positive credit union trend10:14 Keith notes minor delinquency rates, not major foreclosures, aligning with credit union trends and business deposits up 8%12:17 Keith emphasizes a lower fee structure at credit unions compared to banks, a key advantage for attracting business deposits13:25 Mark discusses the rise of security fraud and phishing attacks targeting credit unions, urging vigilance within the credit union industryKEY TAKEAWAYS:

Want to stay ahead in the Credit Union industry? Curious about how Frank Diekmannn has shaped Credit Union Media? Join Mark Ritter on Credit Union Conversations and Frank Diekmannn, the visionary behind CU Daily, to unpack the evolution of Credit Union Media. From Trade Publications to navigating Press Releases, this episode uncovers the grit behind Credit Union Success. Expect a candid discussion on Conferences, Press Releases, and the power of the Opinion Section in driving the Credit Union industry forward.IN THIS EPISODE:.(00:00) Intro: Meet Frank Diekmannn(02:24) Frank's career journey from sports reporting to launching trade publications(03:27) Frank discusses the different credit union news media he has founded(05:30) From laborious phone sourcing to now journalism and press releases in the credit union's online media(09:21) Journalists need thick skin and curiosity to be successful(10:48) The evolution of the business model from print to digital, which is now ad-driven(14:54) Effective press releases must provide reader value for credit union success(18:07) Frank talks about his book, “501 Name Tags: How Everything You Need to Know About Business can be Learned at a Conference and Forgotten in the Trade Show.”(23:25) Discussion of what makes a valuable trade conference(27:45) Promotes CU Daily as the top news source with daily items, Opinion Section, and video for credit union successKEY TAKEAWAYS:Journalism in credit union media has evolved from labor-intensive reporting during the era of Credit Union Week to the digital CU Daily, requiring Frank Diekmannn to adapt to industry consolidation and modernize press releases for the success of credit unions.Effective press releases must answer "why should readers care?" to engage audiences, as Mark Ritter and Frank Diekmannn emphasize providing value over corporate puffery in conferences and trade publications.Frank Diekmannn highlights how credit union conferences have shifted from content for credit union success to vacation-like events.RESOURCE LINKS:Mark Ritter - WebsiteMark Ritter - LinkedInFrank Diekmann - LinkedIn501 Name Tags: How Everything You Need to Know About Business Can Be Learned at a Conference & Forgotten in the Trade Show eBook - AmazonCU Daily - WebsiteBIOGRAPHY:Frank is a longtime credit union journalist and has founded various publications throughout the years. In 2025, he formed The CU Daily, which amassed a strong following in its first year.KEYWORDS: Credit Unions, Frank Diekmann, CU Daily, Credit Union Media, Business Lending, Conferences, Journalism, News Junkie, Trade Publications, Press Releases, Marketing Director, Industry Consolidation, Sponsor Companies, Opinion Section, Credit Union Success

Calling all College Football fans, are you ready to kick off the season with some bold predictions? Want to know who's topping the Big 10 and SEC? Join us on this episode of MBFS Quick Hits, where Mark Ritter and Keith Koval from MBFS dive into the gridiron action. From Pittsburgh to Penn State, we're breaking down the teams to watch, like Alabama, Georgia, and Texas. Grab your game day gear and tune in for a chat that's all about the thrill of College Football!IN THIS EPISODE:(00:00) Intro: Meet Keith Koval(01:48) Keith shares his background as a Pittsburgh graduate and career path(04:10) Mark reflects on the joys of college football versus the NFL(06:02) Keith recalls childhood love for College Football, sparked by attending Pitt games(08:00) Predictions on the ACC and SEC for this year(10:54) Predictions on the Big 10(12:34) Notes Penn State's favorable schedule, key to winning the National Championship(15:07) Keith predicts Notre Dame in the National Championship, suggesting the winner of Ohio State vs. Texas is the other National Championship finalistKEY TAKEAWAYS:Penn State and Ohio State are predicted to lead the Big 10. Mark Ritter points out Penn State's loaded roster as a National Championship contender. At the same time, Keith Koval highlights their favorable schedule.In the SEC, Alabama, Georgia, Texas, LSU, and Mississippi are top picks, but Keith Koval notes their demanding schedules could impact National Championship chances.Clemson, Miami, Georgia Tech, Louisville, and SMU are Keith Koval's top ACC teams, with MBFS's Pittsburgh-based expert predicting a strong season driven by new coaches and key transfers.RESOURCE LINKS:Mark Ritter - WebsiteMark Ritter - LinkedInKeith Koval -| LinkedInKEYWORDS: College Football, Credit Unions, Business Lending, MBFS, Keith Koval, Mark Ritter, Pittsburgh, Penn State, Alabama, Georgia, Texas, LSU, Clemson, Miami, Georgia Tech, Louisville, SMU, Big 10, National Championship, Notre Dame, Football Season, Game Day, ACC, SEC

Are you looking to boost your credit union's loan portfolio? Want to stay ahead in the competitive world of financial services? In this episode of Credit Union Conversations, host Mark Ritter, CEO of MBFS, sits down with Todd Stauffer, our seasoned Relationship Manager in Western Pennsylvania, to share insights on succeeding in commercial banking. From navigating market trends to leveraging speed to market for a competitive edge, Todd reveals strategies to help credit unions thrive. Tune in to learn how to adapt to changing interest rates and build lasting client relationships!IN THIS EPISODE: (00:00) Intro: Meet Todd Stauffer(02:17) Advice for young professionals emphasizing hard work for growth in banking and financial services(06:11) Borrowers are adapting to higher interest rates, reflecting changes in credit union lending(06:55) Varying rate expectations across markets, important for competitive lending in credit unions(07:15) Investors accepting lower loan-to-value ratios, relevant to commercial real estate lending(09:16) Speed to market as a competitive edge for credit unions against big banks(13:17) Maintaining high pull-through rates in loan applications, critical for credit unions KEY TAKEAWAYS: Hard work and discipline are critical for achieving long-term success in financial services and commercial banking, requiring professionals to stay resilient, adapt to setbacks, and consistently execute well-thought-out plans to thrive in dynamic market trends.Credit unions secure a competitive edge through rapid speed to market and transparent communication, setting them apart from larger banks by offering tailored lending solutions and fostering trust in client relationships.Borrowers are demonstrating adaptability to higher interest rates and investors are accepting lower loan-to-value ratios, showcasing resilience in commercial real estate markets, which enables credit unions to support robust lending opportunities despite economic shifts.RESOURCE LINKS:Mark Ritter - WebsiteMark Ritter - LinkedInTodd Stauffer - LinkedInKEYWORDS: Credit Union, Financial Services, Todd Stauffer, Mark Ritter, MBFS, Commercial Banking, Loan Portfolio, Western Pennsylvania, Borrower Adaptation, Interest Rates, Real Estate, Speed To Market, Competitive Edge, Client Relationships, Market Trends, Career Guidance, Credit Union, changes in credit union lending

Welcome to Credit Union Conversations, where we explore the latest in the credit union industry with host Mark Ritter. Today, we're thrilled to have Rachel Snyder from CU Business Group diving into how credit unions can excel in business lending. From education and training to building strong small business relationships in your community, we'll cover strategies to grow your portfolio and tackle challenges like delinquency. IN THIS EPISODE:(00:00) Intro: Meet Rachel Snyder(03:00) CU Business Group's launch in 2002 to support credit unions with business lending (06:17) CU Business Group is committed to education, offering webinars and training (11:56) Small business deposits fund commercial loans, enhancing credit union stability(15:15) Specific markets of small business deposits and loans can ensure effective service(18:35) Discussion of credit union accounts, ripe for business lending opportunities(22:22) Rachel recommends basic business checking/savings and advanced services like remote deposit capture(25:49) Rachel addresses rising delinquency in loans, urging credit unions to manage portfolio risks proactivelyKEY TAKEAWAYS:Education and training are critical for credit unions to develop expertise in business lending. CU Business Group offers webinars and conferences to support small business loans and deposits, enhancing community engagement and portfolio growth.Targeting specific community markets for small business deposits and loans allows credit unions to serve effectively, avoiding overextension and building a sustainable commercial portfolio.Rising delinquency in commercial loans necessitates proactive management, as credit unions require expert assistance to address distressed credits early and maintain a healthier portfolio.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInRachel Snyder - LinkedInBIOGRAPHY:Rachel Snyder is a longtime member of CU Business Group and the organization's COO. After a career in corporate credit unions, Rachel leads the educational offering at CUBG and a wide variety of other functions. KEYWORDS: Credit Unions, Business Lending, CU Business Group, Education, Training, Small Business, Deposits, Community, Webinars, Conferences, Delinquency, Commercial Loans, Business Deposits, Business Loans, Portfolio Growth, Check Accounts, Savings Accounts

Want to learn how credit unions thrive through collaboration? Curious about leading a low-income designated institution? In this episode of Credit Union Conversations, host Mark Ritter sits down with Andy Jaeger, CEO of Credit Union of New Jersey, for an insightful 1-on-1 conversation. From his unexpected start in the credit union industry to driving financial wellness and youth engagement through initiatives like the Greenlight debit card, Jaeger shares his journey and vision. Discover strategies for succession planning, fostering emerging leaders, and supporting small credit unions to ensure a vibrant future for the industry.IN THIS EPISODE:(00:00) Intro: meet Andy Jeager(02:55) Andy Jaeger shares his origin story into the credit union space(09:05) A low-income designated credit union with $475 million in assets, focusing on members (15:02) Fostering credit union philosophy by indoctrinating new employees to maintain industry spirit(19:31) Succession planning strategies, training emerging leaders and identifying talent gaps(24:21) Small credit unions should collaborate and partner to overcome economic challenges (29:16) Credit Union of New Jersey's priorities: financial wellness, youth engagement via Greenlight debit cardKEY TAKEAWAYS:Collaboration is vital for the credit union industry's future. Andy Jaeger emphasizes partnerships, like those with business lending CUSOs, to help small credit unions deliver services cost-effectively while maintaining their identity.Succession planning is critical to sustain the credit union's philosophy. Jaeger advocates for identifying and training emerging leaders through regional programs and networking to preserve the industry's mission.Financial wellness and youth engagement are priorities for Credit Union of New Jersey. Initiatives like the Greenlight debit card aim to attract younger members and promote long-term member services and community impact.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInCredit Union of New Jersey - WebsiteAndy Jaeger - LinkedInBIOGRAPHY:Andy is the longtime CEO of Credit Union of New Jersey. Andy is an accomplished credit union executive and is a former chair of the New Jersey Credit Union League.KEYWORDS: Credit Union, Collaboration, Succession Planning, Member Services, Financial Wellness, Low Income, Community Impact, Youth Engagement, Greenlight Debit, Credit Union Philosophy, Board Training, Emerging Leaders, Small Credit Unions, Member Business Financial Services, Business Lending CUSO, Greenlight debit card

Are you interested in the latest trends in the participation marketplace? Want to learn how credit unions are changing the lending landscape? In this episode of Credit Union Conversations, host Mark Ritter chats with Tom Halliday, Vice President of Lending Sales at MBFS, to discuss the state of consumer lending in mid-2025. From the surprising member-focused approach of credit unions to the importance of clear communication in simplifying the loan process, this episode explores what drives success in lending today. Tune in for insights on overcoming business lending challenges and succeeding in a competitive market!IN THIS EPISODE:(00:00) Intro: Meet Tom Halliday(02:24) Tom Halliday's origin story, detailing his transition from consumer lending to joining MBFS as Vice President of Lending Sales(03:18) Discussion of the member-focused approach of credit unions, contrasting it with the profit-driven mindset of commercial banks(07:23) Discussion shifts to the state of the lending market in 2025(13:15) Communication is key to a smooth loan process; clear expectations and complete borrower information will avoid delay(19:15) Key factors for successful credit union lending programs are outlined(21:11) The participation marketplace is described as highly competitive, with more credit unions looking to buy KEY TAKEAWAYS:Credit unions prioritize member relationships, focusing on understanding borrowers' stories and goals, unlike commercial banks, which often treat borrowers as numbers.Effective communication is crucial for seamless loan processes, ensuring clear expectations and prompt responses between borrowers, relationship managers, and credit unions.The participation marketplace is highly competitive in 2025, with more credit unions seeking to buy loan participations than available opportunities, requiring quick responses to secure deals.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInTom Halliday - MBFS Tom Halladay 302-545-3424

Ready to dive into the wild world of credit union predictions? Want to know what's next for the financial landscape in 2025? Join host Mark Ritter and COO of MBFS Jeff Lyons in this lively episode of Credit Union Conversations as they toss out bold forecasts for the rest of the year! From the chaotic twists of the NCUA board saga to the buzz around potential interest rate cuts by the Federal Reserve, Jeff and Mark unpack what's shaking up the industry. Expect spirited banter on how tariffs might play out as a cheeky negotiation tool and why the loan marketplace is hotter than a summer barbecue. Tune in for a quick, fun ride through the economic crystal ball!IN THIS EPISODE:(00:00) Introduction(01:14) Discussion on NCUA board chaos, highlighting legal ambiguity in removing board members, predicting Supreme Court resolution(04:25) Prediction on interest rates, expecting a half-point Federal Reserve cut by year-end (06:41) Tariffs discussed as a negotiation tool and the budget deal in Congress (11:15) Discussion of the loan marketplace outlook for credit unions and home values(13:00) Focus on SBA loans and home-based businesses, predicting a boom in startups due to economic conditionsKEY TAKEAWAYS: Legal uncertainty surrounds the removal of NCUA board members, which is likely to be upheld after Supreme Court appeals.Anticipated a half-point Federal Reserve interest rate cut by year-end, with stable inflation and low unemployment.Tariffs are being used as a negotiation tool, with minimal impact on trade, and modest 10% tariffs are expected, particularly on manufacturing from China.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInJeff Lyons - LinkedInKEYWORDS: Credit Union, MBFS, NCUA Board, Interest Rates, Federal Reserve, Inflation, Unemployment, Tariffs, Negotiation Tool, Trade, Loan Marketplace, SBA Loans, Home-based Businesses, Budget Deal, Economic Conditions, Supreme Court, Business Startups, Consumer, Tax Cuts, Credit Union Predictions, Financial Landscape 2025

Welcome to Credit Union Conversations. Host and CEO of MBFS, Mark Ritter, dives into the world of business lending with Chief Administrative Officer Ellen Thorn. In this episode, they reflect on MBFS's impressive growth from $750 million to nearly $3 billion in assets and explore Ellen's professional journey to her pivotal role at MBFS. You'll gain insights into building strong third-party relationships through effective communication, respect, and trust, as well as strategies for successful portfolio management. Additionally, Ellen shares her perspective on navigating regulatory challenges, including risk management and cybersecurity, offering a glimpse into the future of the credit union industry.IN THIS EPISODE:(00:00) Intro: Meet Ellen Thorn(01:35) Ellen's career journey and her current role at MBFS(03:22) MBFS has grown from $750 million to nearly $3 billion in assets(06:49) The importance of communication, respect, and shared goals for successful partnerships(09:19) Communication breakdown and loss of trust are common issues in third-party relationships(15:51) Ellen highlights the importance of relying on MBFS and constant communication for smooth portfolio management(23:27) Ellen outlines regulatory focus on risk management, compliance, and cybersecurity and gives her thoughts on the futureKEY TAKEAWAYS: MBFS has grown significantly from $750 million to nearly $3 billion in assets under management, with staff increasing from 16 to over 50, reflecting substantial organizational and geographic expansion.Successful third-party relationships rely on communication, mutual respect, and shared goals, with proactive engagement and trust being critical to smooth operations.Effective portfolio management requires constant communication and customization. Credit unions that actively engage with MBFS experience smoother operations compared to those that don't.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInEllen Thorn - LinkedInBIOGRAPHY:Ellen Thorn is a finance and accounting professional with over 10 years of achievement within the commercial real estate finance and funds management industries. Extensive experience working in middle and back office operations, including risk management, legal, treasury, budgeting, trade support, investor services, IT, finance, and accounting. Excellent communicator with emphasis on building strong client relationships. Recognized as a resourceful colleague who engineers change and is committed to achieving corporate objectives.KEYWORDS: Credit Union, MBFS, Business Lending, Chief Administrative Officer, Communication, Commercial Real Estate, Asset Under Management, Growth, PPP Era, Communication, Trust, Third-Party Relationships, Portfolio Management, Due Diligence, Regulatory Environment, Risk Management, Cybersecurity, Loan Servicing, Client Reporting

Ready for a lighthearted break from business as usual? In this episode of Credit Union Conversations, host Mark Ritter sits down with MBFS COO Jeff Lyons for a fun and casual chat about summer vacations, Lisbon and the Netherlands, favorite conference destinations, the pros and cons of swag giveaways, and how their childhood summers compare to today's parenting. Whether you're into golf, beach days, or just need a few laughs, this episode has something for everyone.IN THIS EPISODE:(00:00) Intro: Meet MBFS COO Jeff Lyons(00:57) Mark recaps his Lisbon and the Netherlands vacation (02:38) Conference season wrap-up in Orlando and reflection on their favorite destinations (05:12) Discussion of the swag giveaways, determining they are ineffective marketing tools (07:03) Discussion of summer plans, wildlife sightings, and childhood summer memories(11:14) Modern parenting, grandparenting, and past parenting normsKEY TAKEAWAYS: Mark and Jeff reflect on their favorite (and least favorite) conference destinations, highlighting cities like New Orleans and Charleston for their food and culture, while expressing fatigue with places like Las Vegas and Destin in peak summer.Mark shares his distaste for promotional conference swag, calling it ineffective marketing, while Jeff admits he still enjoys collecting tchotchkes, though even he hasn't seen anything new or innovative lately.The conversation shifts to summer plans, from golfing and beach weekends to hiking and fishing. The two also reminisce about their vastly different childhood experiences, especially the freedom kids once had to roam unsupervised—something nearly unimaginable today.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInJeff Lyons - LinkedInBIOGRAPHY:MBFS provides credit unions with all aspects of business lending services.

From the average consumer's perspective a bank and a credit union may offer the same products, and appear the same when standing in the building.  But a bank and a credit union have very different lending criteria, a different mindset, and well, report to different people as stakeholders.  My guest today is Mark Ritter, CEO of Member Business Financial Services. Mark and I discuss why a Credit Union may be a better option for landlords in this ever-changing environment.

Are you ready to rethink how young people approach money and build lasting financial confidence? Welcome to Credit Union Conversations, hosted by Mark Ritter, CEO of MBFS, a business lending CUSO serving clients across the United States and Puerto Rico. In this episode, Mark is joined by Todd Romer, who partners with credit unions to leverage his "Do Money Differently" financial education approach as a powerful tool to attract younger members. With paycheck-to-paycheck living at a record high of nearly 75% and rising, Todd's strategy challenges traditional financial advice, focusing on practical, transformative steps for young adults. Today, they'll dive into Todd's journey with Young Money University, the unique advantages credit unions offer, and actionable insights on investing and avoiding college debt traps.IN THIS EPISODE:(00:00) Intro(01:39) Todd Romer discusses Young Money University(05:20) Credit unions offer named savings accounts to save purposefully (09:36) You don't have to be an expert, start with a platform like Acorns(11:13) Upbringing shapes our money habits, set up a college budget and discuss career goals and costs(21.57) How to start investing in the stock market and its historical 10.2% annual return KEY TAKEAWAYS: Early exposure to investing shapes lifelong financial habits. To foster enduring financial confidence, begin teaching teens about money and investing. Providing young people with targeted financial education, emphasizing a distinctive approach to money management, is essential.Credit unions should emphasize their unique benefits, like named savings accounts, to attract younger members.Guide high schoolers to consider affordable education paths and discuss financial realities early to avoid debt. College debt is a growing concern, with many students unaware of cost-effective options.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInYoung Money University - WebsiteBIOGRAPHY:Todd Romer is passionate about financial education. He has helped thousands of people take on a new lease of life by providing them the exact steps to dream, save, spend, invest and give money DIFFERENTLY to reach goals/dreams. Todd also partners with credit unions to use DO MONEY DIFFERENTLY financial education as their most valuable marketing tool to drive younger membership growth.

MBFS CEO Mark Ritter and a guest from his team catch up on the latest happenings at MBFS, the credit union industry, and other odds and ends.IN THIS EPISODE:(00:00) Craig Page shares his professional background and responsibilities(01:57) Mark introduces a new, shorter episode format featuring MBFS team members(04:30) Mark and Craig discuss their moves from suburbia to rural areas(06:49) MBFS sees unexpected growth in 2025 in the CUSO(08:41) Craig explains the value of small credit unions in partnering with a CUSO like MBFS(10:32) Craig shares his reaction to the boom in lendingKEY TAKEAWAYS: The Credit Union Conversations podcast has introduced a shorter, more conversational format featuring "quick hitters." These episodes, airing twice monthly, will focus on current industry topics, updates from MBFS, personal anecdotes, and team insights, in contrast to their traditional long-form interviews.Despite expectations for a flat year, MBFS has experienced rapid growth, with seven new credit unions joining early in the year and 18 more in the pipeline. Loan volume has also increased, reflecting strong demand for its services.Smaller credit unions are increasingly entering the member business lending space but face resource and staffing challenges. MBFS offers a “plug-and-play” solution, handling everything from origination and servicing to loan workouts, making it easier for credit unions to scale without heavy internal investment.RESOURCE LINKS: Mark Ritter - WebsiteMark Ritter - LinkedInCraig Page - LinkedInMBFS, CUSO, Mark Ritter, Credit Unions, Growth, Lending, Origination, Servicing, Pipeline, Small Credit Unions, Team, Industry, Business, Partnerships, Future of Lending, Boom in Lending, Unexpected Growth, Partnering With MBFS, Services, Loan Volume, Business Lending

I'm Mark Ritter, and this is Credit Union Conversations. Today, I'm joined by Austin Wentzlaff from Nook to discuss how credit unions can evolve beyond competitive rates and traditional relationships by using digital tools to deepen member engagement. We'll explore how Nook takes a fresh approach—focusing on lifestyle topics like travel, health, and relationships—to build trust and naturally drive financial product adoption. Plus, we'll dive into the role of venture capital in fintech, the challenges early-stage companies face, and what it really takes to bring innovation to the credit union space.IN THIS EPISODE:(00:00) Introduction(01:50) Austin shares his professional journey(07:36) Austin explains Nook's purpose and how it operates(13:39) How is the industry responding to the premise of Nook's purpose(17:44) What is in Nook's future and Austin explains the roots of FinTech Accelerator(25:16) Discussion of venture capital KEY TAKEAWAYS: The credit union industry has thrived on competitive rates and strong member connections, but digital tools now deepen engagement. By focusing on lifestyle topics over direct financial discussions, this approach builds trust and drives natural product adoption.Successful early-stage fintechs and QSOs must be innovative, not just marginally improving existing solutions. They should be in a pilot phase with limited clients and employees, and they must be genuinely committed to the credit union industry rather than just exploring it as a potential revenue stream.While venture capital provides diversification and reduces risk for credit unions, it can also create a disconnect. Historically, credit unions invested in QSOs they were already working with, ensuring strategic alignment. The shift toward aggregated investment funds may weaken direct relationships between credit unions and fintechs, potentially impacting strategic collaboration.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInAustin Wentzlaff - Nook - LinkedInNook - WebsiteAustin's EmailBIOGRAPHY: Austin Wentzlaff is the Co-Founder & CEO of Nook and brings 10+ years of credit union industry, CUSO, and Fintech startup leadership experience.Prior to starting Nook, Austin was the Founder and CEO of Fintech Accelerator, a consulting firm focused on bringing new technologies to the credit union industry, whose client list included CUSOs, RenoFi and Illuma, among other successful startups. Prior to founding Fintech Accelerator, he was the Chief Revenue Officer overseeing sales and marketing efforts at OnApproach, a CUSO acquired by Trellance in 2019. He has spent the entirety of his career in the credit union industry, where he has worked exclusively for Fintech startups from the earliest stages of growth through exit. Austin has extensive experience working with Fintech startups as an early employee (joining OnApproach, Illuma, and RenoFi all with less than 10 employees) and a key contributor, instrumental in their early success. Austin is an alumnus of Gustavus Adolphus College, where he received a degree in Financial Economics.

Welcome to Credit Union Conversations! In today's episode, host Mark Ritter is joined by the industry's leading expert, Mark Treichel, to uncover the mysteries of the NCUA exam and guide you through its complexities. With insights on risk management, cybersecurity, and evolving regulations, Mark Treichel offers invaluable advice on navigating credit union challenges, especially with a new administration in place. Tune in as they discuss everything from working through exam processes, the impact of office buyouts, to the current state of credit risk and empty office spaces. Plus, get an insider's look into the concept of regulation by enforcement and how credit unions can better manage their cybersecurity efforts. Stay with us to hear Mark's advice on reaching out and getting expert assistance on your next NCUA exam.IN THIS EPISODE:(00:00) Introduction (01:34) The NCUA exam and a new administration(09:27) Buyouts and requirements of working in person(13:27) Credit risk management and empty offices(19:10) Cybersecurity and regulation by enforcement(27:53) Connect with Mark TreichelKEY TAKEAWAYS: The change in administration, particularly moving from one political party to another, significantly influences the NCUA's priorities and approach. This shift often creates chaos as new leadership adjusts priorities and regulations. The NCUA is currently dealing with internal challenges, such as a hiring freeze, regulatory pauses, and staff buyouts. These factors contribute to uncertainty within the agency and affect its ability to fulfill its mission effectively. The chaotic environment could lead to turnover, with highly skilled employees either retiring or leaving for other opportunities.There is a focus on "regulation by enforcement," where policies are often clarified through enforcement actions rather than proper regulation. This creates ambiguity and strain on organizations, and there is a push for rules that strictly follow the intent of the law to avoid overreach and unnecessary penalties.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInWith Flying Colors - PodcastMark Treichel - WebsiteCredit Union Regulatory Guidance - PodcastBIO: With 33 years of experience at NCUA, I've served in key roles, including Executive Director, Regional Director, Director of Special Actions, Supervisory Examiner, and Principal Examiner. Starting as a ground-level examiner, I rose to the organization's top. As Executive Director, I supervised Regional Directors, gaining unparalleled insight into NCUA's operations and decision-making processes.Our TeamI lead a team of former NCUA experts with a combined experience of over 240 years in credit union regulation and supervision. This wealth of knowledge allows us to provide comprehensive, insider perspectives on all aspects of credit union operations and regulatory compliance.How We Can HelpWe offer assistance with a wide range of credit union challenges, including:1. Examination preparation and response2. Regulatory approval processes3. Document of Resolution (DOR) issues4. CAMEL code assessments and improvements5. Risk management (credit, interest rate, liquidity, etc.)6. Regulatory compliance (BSA, Fair Lending,...

Mark goes 1-on-1 with Erie FCU CEO Brian Waugaman on various topics in and out of the credit union space. What's it like to live in Erie? How did he navigate becoming CEO after a long tenure at the credit union? What's working and what needs work today? What is Brian's crystal ball on the future? All this and more as Mark Ritter and Brian chat it up. IN THIS EPISODE:[1:32] Brian shares his career journey, and he arrived at Erie FCU[4:56] The history of Erie FCU and managing the business around Erie's winter conditions[10:33] Brian discusses working his way through the organization and the importance of community[16:45] Brian talks about the process of becoming CDFI certification and his hopes to provide funding for small business owners[21:32] Brian discusses how to drive commerce, get involved in the community and market CDs to benefit members[27:50] What is the future of the credit union space KEY TAKEAWAYS: When promoted within a company, success hinges on building trust and fostering cooperation with colleagues. Clear communication, defined responsibilities, and accountability are essential. Stay focused on the organization's vision and mission to lead effectively.Erie FCU refined its vision and mission to focus on becoming the most trusted financial resource in the region and delivering responsible financial solutions that meet community needs. These guiding principles shape the credit union's daily efforts and long-term success.Erie FCU sees technology and innovation as key future drivers. While member satisfaction has declined compared to larger banking competitors, the credit union recognizes the need to adapt to evolving technological expectations, similar to the "Amazon effect," to stay competitive and meet member needs.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInBrian Waugaman - LinkedinErie FCU - WebsiteBIOGRAPHY: Brian Waugaman is a longtime veteran of Erie FCU and has been its CEO for the last ten years. He is well-rounded in his credit union skills and touched virtually all aspects of the institution during his tenure. Erie FCU is a CDFI focused on the communities in northwest PA.

Welcome to this episode of Credit Union Conversations with Mark Ritter, where we delve into the strategies that set credit unions apart in a competitive financial landscape. Today, Mark is joined by Bill McKenna from McKenna Marketing, who brings a wealth of experience from the advertising industry to the credit union space. Together, they explore the critical importance of building strong, core relationships with members, ensuring they feel valued and connected to their credit union. This connection is essential to prevent members from seeking alternatives and to maintain their loyalty. Bill shares actionable insights on branding, the challenges credit unions face in attracting and retaining members, and the evolving needs of the credit union community. Tune in as they discuss how a well-executed vision and a focus on member relationships can propel credit unions to the forefront of the industry.IN THIS EPISODE:[0:24] Mark invites the listener to check out MBFS, which is an a la carte service provider[1:22] Mark introduces Bill, and he shares his journey from the advertising business to the credit union space[6:22] Bill describes what McKenna Marketing does, and Mark and Bill discuss the evolving credit union from days gone by[10:29] Bill discusses four topics that will remove obstacles and make way for the growth of your credit union, and they discuss which credit unions need deposits and not loans[15:37] Bill outlines the problems credit unions are having in attracting new members and keeping the members they currently have[19:20] Discussion surrounding competition and rising to the top of the competition[25:04 Discussion surrounding the sales and service culture and the benefit of face-to-face consultationsKEY TAKEAWAYS: The branding of your credit union is critical for recognition to your communityA credit union must have a vision of where they are going, understand what opportunity looks like, and determine whether it can be a reality. Then, you must execute those ideasBuilding a relationship with members is the most essential thing a credit union can do. People want to know that you care about what's important to them, so create value in your marketing messageRESOURCE LINKSMark Ritter WebsiteMark Ritter LinkedInMeKenna Marketing - WebsiteBill McKenna - LinkedInBIOGRAPHY: My passion is to learn more about you and your companies' goals. I'm passionate about building relationships, starting conversations, sharing ideas, and adding value to your organization. I've learned first-hand that no one person has all the answers. I'll learn from you first then we will combine our knowledge, experiences and expertise with the right partners to magnify opportunities, empower growth, and achieve results.I've had the privilege of working with more than 500 credit unions and community banks nationwide on marketing and growth strategies. I don't know everything, but I've seen first-hand what works, and what does not. Every partner I've chosen to be part of McKenna Marketing Network brings a wealth of expertise, experience, vision and insights. It's not one size fits all - It's about identifying what works for you. My roles have including Art Director, Creative Director, and Vice President of Marketing and New Business Development for several marketing and advertising agencies located in New York, New Jersey, and Pennsylvania.I'm the former President

Joining us on this episode of Living Off Rentals is Mark Ritter. Mark is the CEO of Member Business Financial Services (MBFS), an entity owned by 13 different credit unions with the mission to help credit unions fund more loans for real estate investors and small business owners. Mark is also the host of the Credit Union Conversations podcast. In this episode, he talked about credit unions, a type of financing that is underutilized because people just don't understand the details. Learn more about credit unions and other types of financing that are perfect for any deal or investor situation. Enjoy the show!  Key Takeaways [00:00] Introducing Mark Ritter and his background [02:43] The difference between a credit union and a bank [08:35] How can people work with a credit union? [10:58] Type of loans offered to real estate investors [16:01] "Credit analysts are very smart" [19:48] Small business loans [29:49] Connect with Mark Ritter and MBFS Guest Links Website – mbfs.org  Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals 

Today, Mark Ritter shares his insights on the state of credit unions and strategies for running a successful credit union. He discusses the challenges and benefits of working remotely and emphasizes building strong community relationships. Mark also offers his perspective on whether attending all available conferences is wise. His comprehensive analysis aims to guide credit union leaders toward sustainable success.IN THIS EPISODE:[0:24] Mark gives an update on his life and MBFS, and discusses working remotely for himself and how other businesses manage to work remotely[5:02] Mark invites the listeners to reach out to mritter@mbfs.org with topics and guest suggestions for future podcasts [9:04] How MBFS can help Credit unions who are struggling as a neutral third party, and Mark discusses working with Inclusive, a National Trade Association of Community Development Credit Unions[11:06] Mark discusses the need for SBA loans, and he advises making lasting relationships to ensure success in the credit union space and seeking out the 95% who are not using a credit union[17:15] Mark discusses being on the road going to conferences and his desire to see conferences educate the attendees and discuss topics to problem-solve issues[21:36] Mark wants to provide value to credit unions, and he appreciates you, the listenerKEY TAKEAWAYS: Mark is interested in providing content through his podcast that listeners want to hear, so if a listener has a suggestion for a topic or a guest, contact Mark.Credit unions will be successful if they work hard to build relationships. Don't rely on a large commercial loan to sustain you; instead, focus on the community, build relationships, and reach 95% of those not using credit union services.Conferences have become very expensive. It would be helpful to have more conferences that deal with the issues and problems a credit union faces rather than hear motivational speakers. RESOURCE LINKSMark Ritter WebsiteMark Ritter LinkedIn

Bill Beardsley of Michigan Business Connection joins our host, Mark Ritter today to hit a wide range of topics from the credit union and non-credit union worlds. Since Bill's office is in Ann Arbor and he's a Michigan State fan there will bound to be some Big Ten talk sprinkled in the conversation.IN THIS EPISODE:[2:26] Bill shares his professional background[7:47] Discussion of the creation of QUOS and the NCOA[13:13] Bill discusses his role at NACUSO and its function[17:17] Bill explains what is working for credit unions in 2024 and what challenges he expects[25:07] Discussion of grooming people within the credit union space to continue the business when leadership positions become available and the way the NCUA could improve[32:07] Bill gives his advice on starting a new QSOKEY TAKEAWAYS: The culture of the banking industry and the credit union space are vastly different. With a credit union, it is about relationship building in the communityQUOS's success is due to its focus on the consumer rather than just making moneyCollaborative relationships among QUOS and credit unions create an atmosphere of cooperation and knowledgeRESOURCE LINKSMark Ritter WebsiteMark Ritter LinkedInMichigan Business Connection - WebsiteNACUSO - WebsiteBIOGRAPHY: Bill Beardsley is a financial services professional with more than 30 years of business and community organization leadership responsibilities. Led the start-up of the MBC "CUSO" in 2004 to energize and enable Michigan credit union success in commercial lending; now recognized as a leading CUSO in the USA with more than $1.5 Billion of commercial loan commitments under management. Board member for NACUSO, the national trade association for CUSOs, frequent industry event speaker related to CUSOs, collaboration, credit risk and commercial lending and personal advocate for the American Red Cross, American Foundation for Suicide Prevention and the Cystic Fibrosis Foundation.

Lance Teinert and Mark Ritter get together to talk about the current state of education and student lending. Today's marketplace is interwoven with the political landscape, so Lance weighs in on how today's news headlines impact his business, CURevl. IN THIS EPISODE:[3:02] Lance describes how he became involved in working with credit unions and weathering the storm we faced in 2018 and, subsequently, Covid[10:26] Lance explains how he derived the name for his QSO[15:30] Discussion on lack of planning for college education[19:55] Student lending programs taking a beating in the media[25:33] Confusion surrounding forgiveness of a federal versus private loan[28:22] Lane describes how his marketing team provides financial aid offices and college fairs with information regarding the credit union available to make loans KEY TAKEAWAYS: Financial planning requires two things. Make a plan and then plan for the disasterEducational finance planning can be accomplished through your credit unionStudent loan forgiveness does not apply to private loansRESOURCE LINKSMark Ritter WebsiteMark Ritter LinkedInLance Teinert - EmailBIOGRAPHY: Lance Teinert celebrates a career of over 30 years in Education Finance, Financial Technology and Capital Markets by approaching life and business from an entrepreneurial perspective. Establishing and maintaining an ideal work-life balance is easy when you enjoy life both inside and outside of work.Lance is currently the CEO of CURevl, a CUSO that is dedicated to connecting families with credit unions through education finance. Our unique approach to the business intertwines full service, capital markets support and software as a service, enabling credit unions to meet the needs of their members by partnering with experts that get the job done efficiently and effectively.

Alan Ropes and Mark Ritter discuss information security, an essential topic for our listeners. Mark admits he is not a detail guy by nature, but fortunately, VyFi is a Credit Union Service Organization, and they do a great job keeping members' information private. Tune in for valuable information on keeping your data secure.IN THIS EPISODE:[2:06] Alan shares the history of VyFi and how they partner with credit unions[6:58] Alan describes what is involved in protecting members' information[12:14] Alan advises what a credit union should demand from third-party operators to safeguard data[15:41] Discussion of how data breaches can occur, and Alan gives examples[20:26] Discussion on how to determine the risk a credit union should take, and Alan explains how his job is to help a credit union and not be an adversary[26:56] Alan explains what you should do immediately if you have a data breachKEY TAKEAWAYS: Information security comes in many forms. VyFi dives deep into where you store your data, that you have the controls in place, are practicing them, and that they workGood firewalls, perimeter security and passwords are critical. Employees must also follow the rules, and the right policies and procedures must be in place. If there is a breach, handle it immediatelyVyFi operates as the pre-exam before the NCUA gets involvedRESOURCE LINKSMark Ritter WebsiteMark Ritter LinkedInAlan Ropes - EmailVyFi - WebsiteBIOGRAPHY: Alan Ropes is currently the CEO of VyFi, LLC. VYFI is a Credit Union Service Organization (CUSO) with 100% ownership by Florida-based Launch Credit Union. We work to enable Credit Unions to meet their NCUA and state regulatory mandates in Information Security, Governance and Compliance.

On this episode of the Deal Farm®, Kevin and Ken speak with Mark Ritter, CEO of MBFS to discuss an unbelievably untapped market for investor loans - Credit Unions!  Most investors have no idea the potential to obtain financing on their next investment property!  Tune in to get the scoop!

From the average consumer's perspective a bank and a credit union may offer the same products, and appear the same when standing in the building.  But a bank and a credit union have very different lending criteria, a different mindset, and well, report to different people as stakeholders.  My guest today is Mark Ritter, CEO of Member Business Financial Services. Mark and I discuss why a Credit Union may be a better option for landlords in this ever-changing environment.

Join us as Mark Ritter, CEO of MBFS and Nu Direction Lending, sheds light on unlocking real estate opportunities with credit unions. With expertise in credit union and small business lending, Mark's organizations aim to empower credit unions to fund more loans for real estate investors and small business owners.From starting Members 1st Federal Credit Union's business lending program to leading MBFS, Mark has revolutionized credit union lending, increasing revenue and ensuring positive cash flow. Show Highlights:✅01:45 – Who is Mark?✅07:57 – Portfolio companies✅15:20 – Real estate strategies✅23:34 – Real estate financing✅30:54 – Investor perspective✅36:42 – Final thoughts

Mark Treichel and Mark Ritter talk about their respective backgrounds and what it is like on both sides of the examination process. They also talk about the current state of the NCUA and staffing levels. When should you take on examiners and when to back off? Mark and Mark talk about different strategies.IN THIS EPISODE:[0:52] Mark Ritter introduces his guest and the topic of NCUA Examinations[1:55] Mark Treichel shares his background story[5:35] Mark Ritter shares his background story[7:50] Mark Treichel discusses how the industry has changed over 34 years[9:24] Discussion of the NCUA board meeting on YouTube and what the board has planned for the future[14:04] Discussion of liquidity[16:52] Mark Treichel suggests that credit unions keep their examiner informed and build a working relationship [19:50] Telltale signs of a flawed and incomplete loan paper documentation and discussion of small credit unionsKEY TAKEAWAYS: Thirty-four years ago, who would have thought that your only choice was to go to a credit union or the ATM? Members can now apply for a loan without them physically entering a branch. There are fewer credit unions than there were back then, and there is an extensive use of third parties.Mark Treichel predicts that Chairman Harper will bring forth a rule that there will be a regulation on succession planning, which would only impact federal charters.An Examiner can tell if the credit union has done their job by looking at the loan papers. They also can learn by reviewing the documents of loans that were denied and ones that were approved. RESOURCE LINKSMark Ritter WebsiteMark Ritter LinkedInMark Treichel WebsiteMark Treichel LinkedinMark Treichel Phone - 407-493-1180BIOGRAPHY: Mark TreichelAfter a 33-year career at NCUA, Mark Treichel served as Executive Director, Regional Director, Director of Special Actions, Supervisory Examiner, and Principal Examiner. He knows how NCUA thinks, why they think it, and the examination process inside and out. Today, he runs a consultancy practice where he assists credit unions with the examination process.

Hey there, welcome back to another episode of Think Business with Tyler. Today we're diving deep into the finance world with Mark Ritter, the man who's reshaping how credit unions support our small business community. From life in the Pennsylvania wilds to the ins and outs of business lending, Mark's got insights you won't want to miss. So, grab your favorite drink, settle in, and let's get our business brains buzzing. My Links:  https://linktr.ee/thinktyler  https://thinktyler.com/podcast_episode/loan-for-entrepreneurs-mark-ritter/ https://thinktyler.com/  Podcast: ThinkBusinesswithTyler.com  Host: Tyler Martin Business Coach  Linkedin  Instagram  YouTube  Learn more about your ad choices. Visit megaphone.fm/adchoices

Credit Union Conversations: The Role of MBFS in Strengthening Credit Unions and Business LendingIn this episode of with flying colors, host Mark Treichel speaks with Mark Ritter, CEO of Member Business Financial Services (MBFS). Ritter sheds light on his journey in the industry, starting from establishing a business lending program at a Central Pennsylvania Credit Union, which grew into one of the top ten in the nation. He shares the challenges and learning incidents related to commercial lending from his extensive experience. MBFS has made a significant impact by helping countless credit union members get the financing they need for business and investment. Ritter underscores the importance of relationship-building, focusing on diverse portfolio strategies, and the advantages of collaboration in the industry. He also encourages credit unions to leverage programs like the SBA lending for their growth.00:00 Introduction and Guest Background03:13 The Journey of Commercial Loans in Credit Unions18:32 The Role of QSOs in Credit Unions20:38 Future of Commercial Lending in Credit Unions24:43 Closing Remarks and Contact Informationhttps://www.mbfs.org/strategic-partners.phphttps://markritter.com/podcasts/

Prepare to unlock the secret vault of financing as Dan discusses the world of credit unions on this episode of REI Marketing Nerds!  Join us as Mark Ritter, a mastermind in cooperative funding, reveals how you could snag better deals and dominate the real estate investment game. Forget everything you thought you knew about loans—this episode could transform your strategy and fatten your portfolio.  Are you ready to revolutionize the way you secure funding? Tune in now and catapult your investing to new heights! Show Highlights: Learn about the ecosystem of credit unions across the country. [02:48] What are the hidden benefits of working with a credit union? [05:43] Find out the difference between a commercial bank and a credit union. [07:52] Growth of business loans from $13 million to over $2 billion. [11:54] How does fixing small issues lead to larger cumulative wins? [15:51] Discover the game-changing fix that can transform mail processing. [16:40] Client and employee satisfaction as key turnaround metrics. [19:03] Why are credit unions a better option for real estate investors? [20:47] Discover this extra layer of protection that credit unions provide. [24:14] Addressing the misconceptions about credit unions. [25:14] Let's analyze the future of the credit union marketplace. [28:55] Find out the reality of technology in the real estate industry. [30:41] For more information about Mark Ritter: https://www.mbfs.org/ http://www.nudirectionlending.com/ https://www.linkedin.com/in/markrittermbfs/ To get the latest updates directly from Dan and discuss business with other real estate investors, join the REI marketing nerds Facebook group here: http://adwordsnerds.com/group   Need help with your online marketing? Jump on a FREE strategy session with our team. We'll dive deep into your market and help you build a custom strategy for finding motivated seller leads online. Schedule for free here: http://adwordsnerds.com/strategy

To access a FREE collection of resources, go to www.TheMaverickVault.com    Today's episode features Mark Ritter unraveling the secrets to obtaining superior loans through credit unions designed to align with your financial objectives. Dive in as he imparts valuable knowledge and sheds light on the unique benefits it can offer for your borrowing needs. Don't miss this opportunity to gain essential insights to propel you toward achieving your financial goals.     Key Takeaways From This Episode Credit Unions: Its nature and how it offers diverse lending solutions Current landscape of commercial real estate financing The complexities in dealing with loan defaults and property value changes Why it's crucial to have stability of interest rates in financial institutions     References/Links Mentioned Freakonomics by Steven D. Levitt and Stephen J Dubner | Kindle, Paperback, and Hardcover     About Mark Ritter Mark Ritter is the CEO of MBFS and an expert in credit unions and business lending. His primary role at MBFS is overseeing the strategy of helping credit unions assist members with business needs and consulting with credit unions on planning the delivery of services to their membership.   In 2002, Mark launched Members 1st Federal Credit Union's business lending program from scratch, growing it into a top-ten program nationally. In 2012, he became the CEO of a struggling business lending CUSO, which had seen five CEOs in as many years and consistent financial losses. Under Mark's leadership at MBFS, the CUSO expanded its services to over ten times the number of credit unions, increased revenue tenfold, and maintained positive cash flow throughout his tenure. MBFS has played a crucial role in assisting numerous credit union members in securing financing for their business and investment needs. Mark, originally from Berwick, PA, where he was part of a high school football team with national and state championships, later worked full-time as a student assistant for the Penn State Nittany Lions while pursuing his undergraduate degree during Penn State's transition to the Big Ten. Mark continues to support Penn State and currently resides in Sullivan County, PA, with his wife and two teenagers.     Connect with Mark Website: Mark Ritter LinkedIn: Mark Ritter Are you a passive real estate investor seeking financial freedom? Almost daily, new headlines break on the latest financial market upset. Now is the time to get educated on how to strategically invest in commercial real estate for long-term financial freedom. Grab your copy of “How to Passively Invest in a Changing Economic Environment” Go to…www.MavericksInvest.com    Want to keep up to date on the commercial real estate market, trends, investing tips and know what Neil is buying right now? Connect with him at Legacy Impact Investors, and be sure to register for his newsletter.    Connect with Neil Timmins on LinkedIn. If there is a topic you want to know more about or a guest that you would like to see on the show, shoot Neil a message on LinkedIn.      About Neil Timmins Neil is a commercial real estate syndicator, published author, and podcast host.   Neil's entry point into the Real Estate industry came after a few short years in banking. Recognized by the Wall Street Journal as a Top 100 team and the #1 REMAX agent in Iowa by the age of 29, Neil had solidified his role as a force in the industry.   Having completed hundreds of Fix & Flips, Wholesales, Wholetails, Novations, and Owner-Financed deals, Neil longed to quit forfeiting time for dollars. After building a portfolio of single-family rentals to produce passive income, he found the strategy to be anything but passive.   Neil, however, didn't go looking for his first commercial deal, he actually stumbled into it. Since then, he has refined the process of analyzing and buying commercial properties that produce stellar cash flow.   Neil has been involved in over $300,000,000 in real estate transactions. While his holdings in commercial asset classes include apartments, offices, mobile home parks, and self-storage units, his passion is industrial property. Neil now has verticals in residential real estate, multiple commercial asset classes, brokerage, publishing, and this successful podcast.   Neil and his wife, Emily, are the proud parents of three active teenagers. Those who know Neil say he is a competitor by nature, whether for the biggest fish on a deep-sea fishing trip, the best ribs at a barbeque, or playing football back in his day at his alma mater, the University of Nebraska at Omaha as a Maverick. Neil is always up for travel, spending time on the water, and of course, meeting people interested in learning about and investing in commercial properties.   Click here to see video of the podcast. 

Revolutionize Your Wealth: Escape Traditional Banking Now! Mark Ritter reveals the transformative and revolutionary role of credit unions in this enlightening episode, emphasizing their potential to empower communities and reshape financial landscapes. He illuminates their distinct, member-driven approach, which contrasts sharply with traditional banks, spotlighting their ability to offer innovative and inclusive financial solutions. Ritter presents credit unions as a beacon of financial stability and ethical lending, dedicated to fostering financial health and inclusivity. He projects a future where credit unions lead in establishing new standards in financial ethics and inclusivity, driving profound, positive change in communities and local economies.   Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL! LinkedIn: /TeamQuattroCapital Instagram: @TeamQuattroCapital Facebook: @TeamQuattroCapital Website: www.TheQuattroWay.com  TikTok:@realestaterunwaypod   [00:00 - 09:59] Exploring Financial Frontiers: Insights on Credit Unions and Real Estate Market Dynamics Mark Ritter is the CEO of M B F S, a credit union cooperative Mark clarifies the benefits and structures of credit unions, emphasizing their viability for real estate financing as member-driven, not-for-profit entities He emphasizes the urgent national need to address the prevailing housing availability crisis They are regulated institutions with FDIC insurance, providing good service and competitive fee structures The conversation underscores the comparative safety and reliability of credit unions with equivalent insurance protections [09:60 - 20:43] Navigating Retail, Office Space, and Credit Union Financing in Changing Markets Cash flow is tightening due to lower interest rates Location remains crucial, with newer retail thriving and older malls languishing Large urban office spaces are in decline due to increased remote work preferences Credit unions are distinguishing themselves with more accommodating financing solutions for real estate The viability of older suburban offices is in question, prompting considerations for repurposing [20:44 - 34:49] The Impact and Potential of Credit Union Lending Mark discusses credit unions' adaptability and tailoring in loan structures to suit borrowers' needs and respond to market shifts He stresses the importance of strong, meaningful connections with borrowers Mark points out the crucial role of local deposits in sustaining credit unions and supporting local economies He emphasizes his passion for fostering financial understanding, particularly among the youth     Quotes:  "Financial education is undervalued in our education system; we need to change that." - Mark Ritter "Nobody's out there on the street protesting against their local credit unions. We're usually perceived as pretty friendly organizations." - Mark Ritter   Connect with Mark through LinkedIn, Or visit his websites http://www.mbfs.org and https://markritter.com/     LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how Team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life and maximize wealth! Click here to find out more about the host, Chad Sutton.   Quattro Capital invites you to join Agora: Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!   Entity Keeper:  Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!

Did you know credit unions could be your secret weapon in real estate investing?    Mark Ritter, a credit union and banking expert, joins us to discuss the advantages of working with Credit Unions for real estate investors. He explains how credit unions differ from other financial institutions and the mistakes investors make when working with a lender. Mark also highlights the unique benefits of credit unions, such as their cooperative structure, which is owned by members and managed by an elected board of directors. Mark provides excellent insight into this area and encourages people to take advantage of them as they offer fairer terms than traditional banks, cannot charge prepayment penalties, and keep and manage their funds.    Listen to learn more about how real estate investors can benefit from credit unions and build long-term relationships with lenders!   [00:00 - 06:42] The Advantages of Credit Unions for Real Estate Investors  Introducing Mark to the show Credit unions are cooperatives, not-for-profit financial cooperatives owned by the members of the organization Credit unions offer a relationship with their lender and local institution   [06:43 - 14:10] Credit Unions: A Different Approach to Obtaining Investment Property Loans Credit Unions cooperate and share resources to increase scale Credit Unions are generally smaller than banks, with an average of 250 million in assets Consolidation is happening within the credit union space, but the philosophy of helping people in their local marketplace remains Obtaining a loan from a credit union requires collecting financials, sales agreements, appraisals, rent rolls, and projections   [14:11 - 22:58] Credit Union Balance Sheets Federal credit unions cannot have prepayment penalties Credit unions keep and manage their own money, not borrowing from Wall Street For every dollar of deposits, credit unions lend out 85 cents to local businesses and members Mistakes to avoid when getting an investment property loan include not understanding the lender, talking to the wrong person, and ignoring requested information   [22:59 - 27:15] Closing Segment Best investment: helping out a small tea shop Worst investment: a loan that was government-guaranteed The most important lesson learned: staying within your lane of what you know Quotes:   "Credit unions philosophically are somewhere that you can have that relationship and conversation to get all of your things done that everybody listening knows credit unions do, but also the real estate piece of it as well for your investments." - Mark Ritter   "We don't just simply jam who you are into a machine, and out comes an answer. We like to have conversations about who you are. What are you thinking about for this project? What do you have and where are you going in the future?" - Mark Ritter Connect with Mark! Website: www.mbfs.org LinkedIn: https://www.linkedin.com/in/markrittermbfs/  Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/   Track your rental property's finances with Stessa. Go to www.escapingwallstreet.com.   Join our Passive Investor Club to access passive commercial real estate investment opportunities.   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.

Join Nick Lamagna on The A Game Podcast with his guest Mark Ritter, an athlete, entrepreneur and funding phenom fighting out of Pennsylvania who is the CEO of MBFS and an expert in credit unions and business lending. Mark started Members 1st Federal Credit Union's business lending program as “one person and a desk” with no policies, products, staff, systems, or business members. That program grew to be one of the top ten in the nation. In 2012, he took on the challenge of being the CEO of a business lending CUSO.  Mark increased the number of credit unions the CUSO services by over 10x, grew the revenue by 10x, and ensured positive cash flow every full year he's been at the CUSO. More importantly, MBFS has helped countless credit union members gain the financing they need for business and investment needs.  He runs Nu Direction lending and specializes in all things credit unions, small business lending and getting funding for people in various situations they may struggle getting from conventional bank lending.  Listen to the full episode for lots of amazing funding advice and tips from the lenders side of the table to help you get more money! Topics for this episode include: ✅ What to watch out for when building business credit ✅ Do credit unions only lend based on credit ✅ What are the banks scared of in this market ✅ What should you be looking for in your loan documents ✅ How to get approved for more loans ✅ Top mistakes investor make when getting a loan ✅ How investors can protect themselves from a market crash  + More! See the show notes to connect with all things Mark! Connect with Mark: Mark Ritter on LinkedIn www.mbfs.org mritter@mbfs.org --- Connect with Nick Lamagna www.nicknicknick.com Text Nick (516)540-5733 Connect on ALL Social Media and Podcast Platforms Here FREE Checklist on how to bring more value to your buyers

Embark on an enlightening exploration of real estate investment loans with our special guest, Mark Ritter. As the CEO of MBFS, a company that aids Credit Unions in providing and managing these loans, Mark brings his two-decade wealth of knowledge and experience into our discussion. Get a glimpse into the world of facilitating over $400 million of loans annually, learn about the diversity of loan types, and unlock the potential of credit union collaboration. With Mark's advice on personal growth and his passion for impacting small towns, this episode is a smorgasbord of lessons and takeaways. Tune in and let the chronicles of the past inspire your future in real estate investing.Mark Ritter is the CEO of MBFS and an expert in credit unions and business lending. His primary role at MBFS is overseeing the strategy of helping credit unions assist members with business needs and consulting with credit unions on planning the delivery of services to their membership.In 2002, Mark started Members 1st Federal Credit Union's business lending program as “one person and a desk” with no policies, products, staff, systems, or business members. That program grew to be one of the top ten in the nation.In 2012, he took on the challenge of being the CEO of a business lending CUSO. Mark was the fifth CEO in five years for the organization, which lost money every month of its existence. Since joining MBFS, Mark increased the number of credit unions the CUSO services by over 10x, grew the revenue by 10x, and ensured positive cash flow every full year he's been at the CUSO. More importantly, MBFS has helped countless credit union members gain the financing they need for business and investment needs.Mark is a native of Berwick, PA, in northeast Pennsylvania, where he was a member of his high school's nationally ranked and state championship football team. After high school, Mark hung up his cleats to work for the Penn State Nittany Lions full-time as a student assistant while attending Penn State as an undergrad. During this time, Penn State transitioned to the Big Ten, which culminated in Penn State's first Big Ten Championship and a trip to the Rose Bowl. Mark remains an avid Penn State supporter. Today Mark lives in the mountains of Sullivan County, PA, with his wife and two teenagers.Learn more about Mark:Website: https://markritter.com/LinkedIn: https://www.linkedin.com/in/markrittermbfs/Connect with Jonny!Cattani Capital Group: https://cattanicapitalgroup.com/Invest with us: invest@cattanicapitalgroup.comLinkedIn: https://www.linkedin.com/in/jonathan-cattani-53159b179/Jonny's Instagram: https://www.instagram.com/jonnycattani/TikTok: https://www.tiktok.com/@jonnycattaniYouTube: https://www.youtube.com/channel/UCljEz4pq_paQ9keABhJzt0AFacebook: https://www.facebook.com/jonathan.cattani.1

Meet Mark Ritter. A credit union based lender with an amazing insight into real estate investor solutions. Here's a snapshot of our conversation: So, you know, one of the differences in that we see out there, I, I'm going to kind of lift up the covers of the financial institutions today. Nobody. Even credit unions, but particularly banks, nobody ever says, we're not lending today, but there's a lot of lenders behind the scenes who are saying, we're not lending today. And what they do is they raise the interest rates or tighten the box to make it so they're not lending. And that really comes down to one thing and it, and it's not demand for loans. It's liquidity concerns. You know, and some people put a cover on it like, oh, we're concerned about the marketplace, we're concerned about this. No, they, they're concerned about their own liquidity. Listen in and learn friends. A credit union may actually be the local solution you need. Connect with Mark: CONNECT Mark's website: WEB

For further information go to: www.jenniferjhammond.com Mark Ritter Mark Ritter is the CEO of MBFS and an expert in credit unions and business lending. His primary role at MBFS is overseeing the strategy of helping credit unions assist members with business needs and consulting with credit unions on planning the delivery of services to their membership. In 2002, Mark started Members 1st Federal Credit Union's business lending program as “one person and a desk” with no policies, products, staff, systems, or business members. That program grew to be one of the top ten in the nation. In 2012, he took on the challenge of being the CEO of a business lending CUSO. Mark was the fifth CEO in five years for the organization, which lost money every month of its existence. Since joining MBFS, Mark increased the number of credit unions the CUSO services by over 8x, grew the revenue by , and 10x, and ensured positive cash flow every full year he's been at the CUSO. More importantly, MBFS has helped countless credit union members gain the financing they need for business and investment needs. Mark is a native of Berwick, PA in northeast Pennsylvania, where he was a member of his high school's nationally ranked and state championship football team. After high school, Mark hung up his cleats to work for the Penn State Nittany Lions full-time as a student assistant while attending Penn State as an undergrad. During this time Penn State transitioned to the Big Ten and culminated in Penn State's first Big Ten Championship and a trip to the Rose Bowl. Mark remains an avid Penn State supporter. Today Mark lives in Bucks County, PA outside of Doylestown with his wife and two teenagers.

Mark Ritter is a passionate advocate for building better relationships and connecting people through credit unions. He understands the value of personal connections in the financial industry, and how they can be lost when banks merge or people move around. With over 125,000,000 Americans belonging to credit unions, Mark believes that these not-for-profit financial cooperatives are like unicorns in the industry, offering competitive rates and friendly terms to their members. While many people may associate credit unions with basic services like auto loans and ATMs, Mark knows that they can be a significant source of funding and liquidity for real estate investors. However, he realizes that there is a need to bridge the gap between real estate investors and credit unions. By facilitating this connection, Mark aims to bring financing opportunities and the unique benefits of credit unions to the forefront. What sets credit unions apart for Mark is the process. Unlike traditional lenders, credit unions engage in conversations with their members, ensuring that they fully understand their financial needs and goals. It's not just about submitting and approving loans; it's about building relationships and providing personalized support to members. Mark's mission is to promote and enhance the relationship between real estate investors and credit unions, allowing both parties to benefit from the competitive rates, friendly terms, and conversational approach that credit unions offer. Through his work, he hopes to help people fulfill their financial goals while fostering stronger connections in the industry.

Acknowledging the significance of the current market environment, we present to you a recap of Episode 136 titled "The Credit Union's Investing Power" featuring our guest, Mark Ritter. In this episode, we delve into the discussion of various loan products and services to help you maximize your investments in multifamily deals and pursue other business endeavors. Let's dive right in!   WHAT YOU'LL LEARN FROM THIS EPISODE  Credit Unions: What they are and their products and services The real estate market a year ago vs. now What is the most desirable asset for lenders? Conservative ways to underwrite amid rate hikes   How your company's core values can benefit your relationship with lenders   RESOURCES/LINKS MENTIONED  Maslow's Hierarchy of Needs Mid-America Apartment Communities    ABOUT MARK RITTER A native of Berwick, PA in northeast Pennsylvania, Mark is the CEO of MBFS and an expert in credit unions and business lending. His primary role at MBFS is overseeing the strategy of helping credit unions assist members with business needs and consulting with credit unions on planning the delivery of services to their membership. In 2012, he took on the challenge of being the CEO of a business lending CUSO. Mark was the fifth CEO in five years for the organization, which lost money every month of its existence. Since joining MBFS, Mark increased the number of credit unions the CUSO services by over 8x, grew the revenue by, and 10x, and ensured positive cash flow every full year he's been at the CUSO. More importantly, MBFS has helped countless credit union members gain the financing they need for business and investment needs.   CONNECT WITH MARK Website: Member Business Financial Services | Mark Ritter LinkedIn: Mark Ritter   CONNECT WITH US  Email: shawn@greenbriarcg.com  Instagram: Shawn Winslow YouTube: Shawn Winslow LinkedIn: Shaw n Winslow Facebook: Shawn Winslow  

If your business is booming and you're looking to expand, chances are you're going to need access to capital. So, how hard, or easy, is it for a business owner to obtain money and resources when growing their business? My guest today is here to answer this BIG question!  Meet Mark Ritter, the CEO of MBFS, a credit union organization that specializes in providing loan services to credit unions, so they can provide crucial loans to people in their community. To say the least, Mark is the man when it comes to better understanding loans. Take a look inside the world of business assets as we discuss what you need to have in place to get approved for loans, best practices when it comes to handling your money, the ins and outs of credit unions, and how to become a member of one. We also delve into the misconception that credit unions only provide consumer-based services, how they have evolved to offer business loans, and our personal philosophy and commitment to helping small businesses grow! Did this episode spark your attention? You can learn more about Mark or loans and credit unions by going to his website! About Your Host DCA Virtual Business Support President, Denise Cagan, has been working with small businesses for over 20 years. She has served on the boards of professional organizations such as Business Leaders of Charlotte (BLOC) and the National Association of Women Business Owners Charlotte (NAWBO). Denise is also a graduate of the Goldman Sachs 10,000 Small Business Program, which is a program for small businesses that links learning to action for growth-oriented entrepreneurs.   Recognized as a facilitator, problem solver, and builder, Denise enjoys speaking to business groups about social media for small businesses and motivating remote and work-from-home (WFH) teams. She holds a Bachelor of Science in Quality Systems Management from James Madison University. With extensive experience in outsourcing solutions that provide administrative, creative, marketing, and website support, she is able to help other small businesses grow and thrive. Connect with Denise DCA Virtual Business Support website. View and listen to Podcasts with Denise Cagan. LinkedIn

The sermon material comes from umcdiscipleship.org

How can focusing on small improvements lead to exponential growth in your real estate investments? In this episode, we're joined by Mark Ritter, a seasoned investor and entrepreneur who has successfully built his real estate empire. Mark believes that success in real estate investing depends on consistent effort toward all the little pieces that lead to wins. He emphasizes the importance of cooperation and building relationships in business. Having worked in the credit union industry, he knows firsthand the value of listening to clients and solving their problems to build loyalty rather than trying to fix everything at once. Tune in and discover why having open relationships with competitors can lead to more opportunities and better outcomes for everyone involved! Mark Ritter is the CEO of MBFS and an expert in all things credit unions. MBFS is owned by 13 credit unions and works with over 90 credit unions to bring together real estate investors and their credit union partners. [00:01 - 04:40] Opening Segment • Focus on incremental improvement rather than swinging for home runs • Consistent effort towards goals leads to compounding growth The real estate investing industry [04:41 - 09:33] Coopetition and Good Relationships Key to Success in Business • Building good relationships with colleagues and competitors can lead to big wins • Coopetition model can lead to referrals and increased loyalty from clients • Understanding and open relationships with competitors can be helpful in complex transactions [09:34 - 11:10] Closing Segment • Why helping others get the best transactions is a priority Connect with Mark: Website: MBFS LinkedIn: Mark Ritter Key Quotes: "What has helped me out most throughout the years is focusing just on getting one piece of my business better, one piece of me better, and over time it just becomes exponential growth." - Mark Ritter "Every day, you either get better or worse, but you never stay the same." - Mark Ritter WANT TO LEARN MORE? Connect with me through LinkedIn. Or send me an email at sujata@luxe-cap.com Visit my website, www.luxe-cap.com, or my YouTube channel. Thanks for tuning in! If you liked my show, LEAVE A 5-STAR REVIEW, like, and subscribe!

Are you curious about how credit unions are changing the lending landscape? In this episode, Mark Ritter shares his expertise on how credit unions can benefit real estate investors. He discusses how people are starting to move back to urban areas, leading to a leveling out between major urban and suburban areas. Mark advises borrowers who anticipate stress in their portfolio to talk with their lenders before falling behind on payments and touches on the risks associated with large, single-tenant office spaces in today's remote work environment. This episode is packed full of insights into current trends and challenges facing real estate investors today. Tune in to learn how credit unions can be an excellent option for your next investment property! Mark Ritter is the CEO of MBFS and an expert in all things credit unions. MBFS is owned by 13 credit unions and works with over 90 credit unions to bring together real estate investors and their credit union partners. [00:01 - 08:37] Opening Segment • CEO of MBFS, Mark Ritter, discusses credit unions and their role in real estate investing • How credit unions prioritize relationships and offer fair, accurate, and friendly terms and conditions Being more flexible in who they can lend to and offering no prepayment penalties • Having conversations with investors to create a structure that makes sense for both parties [08:38 - 17:20] Credit Unions Shift Towards Community-Oriented Lending • Credit unions have become more broad-based and community-oriented compared to the past • How inflation has put pressure on depository financial institutions for liquidity needs • Housing continues to be tight, especially in areas where populations have boomed • Micro-level market analysis is essential when considering property acquisition or refinancing [17:21 - 25:56] Potential Risks in Commercial Real Estate Market • Urban areas are seeing a leveling out with suburban and smaller city areas • When shopping for a lender, understand their financials and liquidity position • If anticipating loan payment stress, talk to your lender face-to-face before delinquency Pay taxes first and keep lines of communication open with lenders [25:57 - 29:27] Closing Segment • Large single-tenant office spaces pose the most risk in today's market • Tenant diversity is vital in minimizing vacancy risk in commercial properties Connect with Mark: Website: MBFS LinkedIn: Mark Ritter Key Quotes: “If you're rich and have good credit and your portfolio's perfect, you can walk in anywhere and get money.” - Mark Ritter “Our success is dependent on you succeeding.” - Mark Ritter “We want to make sure that the structure and the deal makes sense for now and in the future.” - Mark Ritter WANT TO LEARN MORE? Connect with me through LinkedIn. Or send me an email at sujata@luxe-cap.com Visit my website, www.luxe-cap.com, or my YouTube channel. Thanks for tuning in! If you liked my show, LEAVE A 5-STAR REVIEW, like, and subscribe!

LifeBlood: We talked about credit union business loans, how banks are managing liquidity problems, how to be a good borrower and understand your lending agreements, and how small business lending is changing with Mark Ritter, CEO of MBFS, working to provide small business owners with the funding they need! Listen to learn how to effectively communicate with your lender when you run into business problems! You can learn more about Mark at MBFS.org,MarkRitter.com and LinkedIn. Thanks, as always for listening! If you got some value and enjoyed the show, please leave us a review here: ​​https://ratethispodcast.com/lifebloodpodcast You can learn more about us at LifeBlood.Live, Twitter, LinkedIn, Instagram, YouTube and Facebook or you'd like to be a guest on the show, contact us at contact@LifeBlood.Live.  Stay up to date by getting our monthly updates. Want to say “Thanks!” You can buy us a cup of coffee. https://www.buymeacoffee.com/lifeblood

CU 2.0's Kirk Drake and MBFS's Mark Ritter figure out what is wrong in today's world and how they can fix it asap! This is round robin and unscripted so you don't know what will go on in today's episode. IN THIS EPISODE:[01:30] Kirk's origin story and what he's up to today. [06:00] Kirk and Mark discuss CEO transitions. [13:00] Increasing members and deposits. [22:00] Kirk's west coast perspective on the Marijuana banking industry.  KEY TAKEAWAYS: Successful CEO transitions happen when companies have a slow transition involving working together before changing over completely. Building a strong team culture and dynamic is key in successfully moving a company forward. Credit Unions may need to change in order to better serve their members and adjust and grow with them as needs and trends change. RESOURCE LINKSMark Ritter WebsiteBIO:   Kirk Drake is a lifelong entrepreneur, author, and founder of CU 2.0. His entrepreneurship focuses on connecting the innovation of fintechs with the mission of credit unions. He has built 8 successful businesses, including CU Wallet, the CUSO Ongoing Operations, CU 2.0, and now Painted Hills.

Are you a business owner looking for funding to help your company grow? Today, we asked credit union expert Mark Ritter to share what makes a credit union a critical funding source and how it can be flexible enough to deal with rising interest rates. Find out what makes someone creditworthy here!     WHAT YOU'LL LEARN FROM THIS EPISODE  Credit union: Its products and services Real estate market a year ago vs. now The most desirable asset for lenders Lender's perspective on the effects of rate hikes on lending Ways to underwrite amid rate hikes   How the company's core commitments can benefit you with lenders   RESOURCES/LINKS MENTIONED Maslow's Hierarchy of Needs Mid-America Apartment Communities  ABOUT MARK RITTER  A native of Berwick, PA in northeast Pennsylvania, Mark Ritter is the CEO of MBFS and an expert in credit unions and business lending. His primary role at MBFS is overseeing the strategy of helping credit unions assist members with business needs and consulting with credit unions on planning the delivery of services to their membership. In 2002, Mark started Members 1st Federal Credit Union's business lending program as “one person and a desk” with no policies, products, staff, systems, or business members. That program grew to be one of the top ten in the nation. In 2012, he took on the challenge of being the CEO of a business lending CUSO. Mark was the fifth CEO in five years for the organization, which lost money every month of its existence. Since joining MBFS, Mark increased the number of credit unions the CUSO services by over 8x, grew the revenue by , and 10x, and ensured positive cash flow every full year he's been at the CUSO. More importantly, MBFS has helped countless credit union members gain the financing they need for business and investment needs.     CONNECT WITH MARK  Website: mbfs.org |  markritter.com LinkedIn: Mark Ritter     CONNECT WITH US  Email: shawn@greenbriarcg.com  Instagram: Shawn Winslow YouTube: Shawn Winslow LinkedIn: Shawn Winslow Facebook: Shawn Winslow

Learn about credit unions and the funding systems they offer businesses in today's episode with Mark Ritter. Don't miss our discussion about what relationship-reliant credit unions are and why they are a great financing alternative for your real estate projects. So stay tuned!Key Takeaways to Listen forCredit unions: Benefits, structures, and loans availableForces that are reshaping the lending marketHow credit unions increase their borrowing baseCommon mistakes people make when applying for a loan and how to prevent themThe value of existing properties vs. brand-new constructionsResources Mentioned in This EpisodeFree Apartment Syndication Due Diligence Checklist for Passive Investor About Mark RitterMark Ritter is an expert in all things credit union and small business lending. He is the CEO of MBFS and Nu Direction Lending, organizations owned by credit unions and designed to help credit unions fund more loans to real estate investors and small business owners in their communities.  In 2002, Mark started Members 1st Federal Credit Union's business lending program as “one person and a desk” with no policies, products, staff, systems, or business members. After ten years as Member 1st, he took on the challenge of being the CEO of a business lending credit union service organization (CUSO). In the past eight years at MBFS, Mark increased the number of credit unions the company services by over 8x, increased the revenue by 15x, and ensured positive cash flow every full year he has been at the CUSO. More importantly, MBFS has helped countless credit union members gain the financing they need for small business and real estate investment needs.  Mark is a native of Berwick, PA in northeast Pennsylvania, where he was a member of his high school's nationally ranked and state championship football team. After high school, Mark hung up his cleats to work for the Penn State Nittany Lions full-time as a student assistant while attending Penn State as an undergraduate. Connect with MarkWebsite: Mark Ritter | Member Business Financial ServicesLinkedIn: Mark RitterTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GowYourShow.com and Schedule a call with Adam A. Adams

If you finance a multifamily syndication through Fannie Mae or Freddie Mac, you're securing non-recourse debt with a fixed interest rate. But if you want to exit anytime sooner than the loan expiration date, you're going to pay a BIG penalty on the back end. So, how might we leverage credit unions to avoid these big-ticket prepayment penalties? Are there other benefits to financing real estate deals through a credit union? What's the downside? Mark Ritter is CEO of Member Business Financial Services or MBFS, a business lending credit service organization owned by credit unions for credit unions and their members. An expert in credit unions and business lending, Mark is dedicated to helping commercial real estate investors secure the financing they need. On this episode of Financial Freedom with Real Estate Investing, Mark joins cohost Garrett Lynch and me to explore the pros and cons of financing multifamily through a credit union versus traditional loans. Mark describes the credit union philosophy of people helping people, discussing how real estate investors benefit from having a personal relationship with our lender. Listen in for Mark's advice on how to approach a credit union for a loan and learn about the flexible terms and low cost of capital available if you finance your next deal through an organization like MBFS! For full episode show notes visit: http://www.themichaelblank.com/session316/