NMBA conference under way in South Carolina

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The 30th annual National Marine Bankers Association conference started Sunday in Hilton Head, S.C.

Brunswick Corp. chairman and CEO Dustan McCoy is scheduled to give the keynote address at the event. McCoy will discuss his views on when and how the marine business will recover. His presentation will correspond with the various business sessions focusing on funding, credit management, collateral and the industry’s future.

Specific sessions will include an economic update, solving the mysteries of credit scoring, details of the “Red Flag” program and a nuts-and-bolts presentation by NMBA president Jim Coburn that will offer guidance on federal stimulus programs to provide retail and wholesale financing. It will also include updates from the American Vessel Documentation Association on U.S. Coast Guard documentation, legislative issues, Grow Boating efforts and other industry initiatives.

Soundings Trade Only will report live from the conference. See the e-newsletter this week for details on the event.

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