Gelde Advisors is pleased to announce it has joined with industry leading CUSO CU Revest to enhance its platform in helping Credit Unions resolve unwanted CRE loans – both performing and distressed. Gelde is a recognized facilitator of CRE loan resolution services. CU Revest is an asset management CUSO with a 30-plus year history of helping Credit Unions easily manage and monetize their distressed and charge-off member debt. As collaborating organizations, Gelde and CU Revest are building upon and expanding services that help Credit Unions reset their CRE portfolios and improve capital positions while mitigating or eliminating risk.

Here's how it works:

· When a Credit Union determines that a CRE loan or portfolio of loans has become undesirable as an earning asset (whether distressed or not), Gelde Advisors will work with the Credit Union to set out a preliminary resolution plan.

· Upon the Credit Union’s approval and agreement with the preliminary resolution plan, Gelde Advisors will arrange for a participation with CU Revest.

· In exchange for the loan participation interest, CU Revest will value the underlying asset(s) with an estimated cash equivalent and issue a participation profit split.

· CU Revest will then manage resolution of the transferred CRE loan(s) through (a) loan modification or re-write, (b) introduction and involvement of a third-party investor to assist in completion of a project, (c) loan foreclosure procedures or (d) loan sale services.

· Regardless of the course of loan resolution taken, CU Revest will work with the Credit Union member/borrower in a fashion that will be helpful to maintain or improve its long-standing relationship with the Credit Union.

Here are the benefits of this service offering to Credit Unions:

· There would be no loss recognized by the Credit Union upon participation of the loan with CU Revest.

· In fact, portions of a reserve placed by the Credit Union upon the exchanged CRE loan may be recaptured or transferred to other loans representing credit risk – thus freeing or augmented the Credit Union’s capital position.

· No up-front fees! Gelde Advisors receives a facilitation fee only from CU Revest for introducing and assisting in the loan participation.

· CU Revest assumes all of the credit risk in the CRE loan exchange. It receives a fee for operating the CUSO’s portfolio and participation in excess profits when each CRE loan is fully resolved or paid off.

· The Credit Union receives a full distribution of its participation interests as or when the CRE loan is resolved.

· The borrower’s relationship with the Credit Union is restored with an optimal CU Revest loan resolution.

For additional information and/or to explore Gelde Advisors – CU Revest CRE loan resolution opportunities and solutions, please contact:

Gelde Advisors (www.gelde.co):

John Hancock, Managing Principal at (503) 706-7002 or via email to jhancock@gelde.co

Marty Treece, Managing Principal at (503) 703-3930 or via email to mreece@gelde.co

CU Revest (www.curevest.org):

Anthony Joplin, President & CEO; (858) 467-7200 or via email to ajoplin@curevest.com

Brett Goda, Vice President; (858) 467-7272 or via email to bgoda@curevest.com