Tag Archives: National Marine Lenders Association

The National Marine Lenders Association (NMLA) just wrapped up their 2023 conference in Hilton Head drawing the largest number of attendees in over ten years. Headliners for the National Marine Lenders Association (NMLA) event included Bill Yeargin, CEO and President of Correct Craft, who presented the economics of culture within an organization. He noted that implementing a positive culture should ...

The National Marine Lenders Association (NMLA) recently announced that Jeff Backus, Lauren Key and Caroline Mantel have all been elected to serve on the NMLA Board of Directors through 2025. Jeff Backus has over 25 years of marine industry experience, with the past 10 focused on marine lending with First Approval source, a company he founded in 2012. Jeff currently ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...