Tag Archives: National Marine Lenders Association

National Marine Lenders Association releases Annual Statistical Report

The National Marine Lenders Association (NMLA) just released the 41st consecutive Annual Statistical Report.  This is the only comprehensive report of recreational marine financing data in the U.S. and provides lenders with trends and data to understand, build and maintain quality marine lending portfolios. The survey produces two distinct business line reports: 1) for banks, credit unions, thrifts and private lenders ...

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National Marine Lenders Association shows highest Q1 loan volume in six years

National Marine Lenders Association logo

The National Marine Lenders Association (NMLA), whose lender members extend or originate credit to consumers, retailers/dealers and manufacturers of recreational boats and equipment, reported that its 1Q-2021 Snapshot Quarterly Survey indicates that 88% of responding members stated that their marine loan volume had increased over the same quarter in 2020. The NMLA introduced its first brief Quarterly Survey to lender ...

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NMLA announces new board and 2021 officers

The National Marine Lenders Association (NMLA) has announced the results of the association’s recent election for three board seats and the board’s confirmation of officers. The directors, each elected to serve a three-year term, are incumbents John Haymond, Senior Vice President Medallion Bank, and Don Parkhurst, most recently Senior Vice President of Truist Bank. Newly elected to the board is ...

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NMLA announces new directors, officers

The National Marine Lenders Association announced the candidates elected by the membership to serve on the Board of Directors through 2022. They are: Regular Member Directors (Lenders) Robert P. Dunford - Trident Funding LLC (Shelton, CT)Karen Trostle - Sterling Acceptance Corporation (Annapolis, MD) Associate Member Director Matt Anderson - Global Marine Insurance Agency (Traverse City, MI)  The 2020 slate of officers confirmed at ...

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Marine lenders hold record-setting conference in Florida

The National Marine Lenders Association recently concluded its 40th Annual Conference at the Ocean Reef Club in Key Largo, Fla. The educational and networking conference was held in mid-November and drew over 175 attendees, up 41% from last year. Keynote speakers included television celebrity and best-selling author, Amber Mac and security analyst/author Robert Sciliano. Mac delivered advice regarding Artificial Intelligence and ...

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NMLA announces new board members, 2019 officers

The National Marine Lenders Association has announced the results of the association’s recent election for three board seats and the board’s confirmation of officers. The candidates elected to serve on the Board of Directors through 2021 are incumbent Jim Coburn, managing director, Coburn & Associates (MIch.), Ken Donner, senior vice president and director of retail marine credit for Shore Premier ...

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