Subordinated Debt
Olden Lane has established itself as the leader in origination, structuring, and placement of subordinated debt for credit unions — navigating NCUA approval and institutional investor diligence.
Regulatory capital that respects your charter.
Subordinated debt has become the dominant source of growth capital for credit unions seeking to expand lending, support acquisitions, or strengthen their net worth position.
The structure is purpose-built for credit unions: counts as regulatory capital under NCUA rules, tax-advantaged, and preserves member ownership.
From application to placement.
We sit on your side of the table throughout — drafting the NCUA application narrative, modeling capital impact, preparing investor materials, and running the placement.
Olden Lane Securities, LLC is the placement agent and provides financial advisory services around the transaction.
What we bring to the mandate.
NCUA Application Support
Drafting and review of the regulatory application, including capital plan modeling and use-of-proceeds narrative.
Structure & Pricing
Tenor, coupon, call schedule, and covenants tailored to your balance sheet and investor appetite.
Institutional Placement
A targeted process with credit union-focused institutional investors.
How a typical engagement runs.
Discovery & Capital Plan
We model your capital trajectory and size the raise based on the credit union's growth drivers.
NCUA Application
We draft the submission and shepherd it through regulatory review.
Investor Materials
We guide the construction of a term sheet and offering memorandum, and prepare the credit union's management for its investor presentation.
Placement & Close
We target outreach to a regular set of institutional investors we know well and secure the capital for our client.
