Loan Officer Resident Seminar - LORS

April 25 – April 30, 2010

For over thirty years, synonymous with quality bank training at reasonable cost.

Objective of the Seminar

For over 30 years, LORS has served as a resource for RMA Banks throughout New England by providing Commercial Lending training to bank Credit Analysts and Junior Commercial Lending Officers.

The seminar teaches fundamental credit skills and practical lending techniques using daily seminars in conjunction with related case studies. The week concludes with the popular "Mock Loan Committee," where students apply what they have learned to a presentation in front of seasoned credit and lending professionals. Each instructor during the week is either an experienced lender or credit professional from an RMA member bank or a recognized expert in their field. Based on feedback from previous classes and in recognition of changing trends in the industry, the program is constantly updated to fit the needs of the next generation of commercial lenders.

Early enrollment is encouraged, as class sizes are limited to provide a better opportunity for one-on-one instruction and to share thoughts and opinions in a team building environment. For more information, contact Grey Bowden at 617-912-1938 or Julie Conroy at 978-263-9003.

RMANE would like to support its members by offering discounts to banks that send multiple participants to LORS this spring. We recognize the value of this week-long credit training and encourage participation, despite budget constraints. Pay full tuition for the first student, and a second student will enjoy a 20% discount. Additional students can enroll at a 35% discount.

Who Should Attend?

The Loan Officer Resident Seminar is designed for credit analysts, junior commercial lending officers, or credit professionals who have the expectation of being in that position in the near future. Participants should have at least one year of experience in commercial lending or commercial credit administration, and should have a basic understanding of commercial lending and financial statement analysis. The LORS program is an excellent continuation of RMA New England’s Commercial Credit Analysis program offered in the Fall.

The Curriculum

The LORS curriculum has been organized around daily focus topics: "The Current Banking Environment," “Fundamental Credit Analysis," “Loan Documentation,” “Credit Structuring,” “Cash Flow and Breakeven Analysis,” “Due Diligence and Early Warnings”, and "Loan Committee Presentations” among others.

Location

The seminar will be held at The New England Center for Continuing Education, located at the University of New Hampshire. The Center is well known throughout the region for the quality of its facilities and its excellent food. In 1999, the Center was ranked nationally within the top 100 suburban conference centers for its accomodations, service and dining. Students will reside in first class accommodations in the New England Center Hotel, adjacent to the Learning Center that houses seminar rooms and dining facilities. Accomodations are available in both double and single occupancy.

Tuition and Application

For admission, complete the online application and pay by credit card or check.

For RMA member banks, the tuition is $1,600 for a single occupancy room and $1,400 per person for a double occupancy room (if available), including meals, lodging, instruction, and materials. For non-member banks, the tuition is $2,050 and $1,850 per person, respectively. The commuter rate is $1,200 for RMA member banks and $1,650 for non-member banks and includes meals, instruction, and materials. Discounted fees are available for multiple attendees from one institution. If you are interested in sending more than one employee, please contact the New England Chapter directly at 978-263-9003.

All applicants who are not accepted for admission, or who withdraw before February 22nd, will have their tuition refunded. Students who withdraw after February 22nd may be partially or fully refunded at the discretion of the seminar committee, depending on their ability to find replacement students and costs incurred by the Chapter.

Registration and Dress

Registration will be between 2:00 and 4:00 p.m. on Sunday, April 25th at the main desk of the New England Center Hotel. A seminar orientation will be held that afternoon at 4:00 p.m. to brief students on the seminar agenda and to pickup seminar/course materials. The seminar will conclude at noon on Friday, April 30th. Dress during classes and meals is casual.

Continue to LORS Registration Form

For more information regarding LORS contact:
Grey Bowden at 617-912-1938 or
Julie Conroy at 978-263-9003