Is asset liability management (ALM) “rocket science”? If your grasp of ALM is still on the launch pad, this webinar will provide everything you need to know to reach stable orbit.
All volunteers, staff, and directors will benefit from learning more about ALM concepts, including credit risk.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Comprehend the importance of capital and where it comes from
- Understand more than ever about:
- Interest rate risk
- Gap analysis
- Net economic value (NEV)
- Credit risk
Asset liability management (ALM) is one of the most important things a credit union director needs to understand. But some call it the “rocket science” of the credit union industry. Why? Because it is very difficult to comprehend. Put simply, it’s just the management of loans and deposits over time in a manner that helps maintain the profit and capital your credit union needs. While ALM is complicated, this course will make it easier and more understandable than ever before. This webinar will illuminate fundamental ALM concepts and explain:
- What tools you can use in ALM
- What those tools tell you
- What questions you may need to ask
- What measurements are important to understand
- What can happen if ALM isn’t managed well
In addition, this program will discuss the new allowance for loan losses methodology, called CECL (current expected credit loss) that goes into effect January 1, 2023.
WHO SHOULD ATTEND?
This informative session is designed for board and Supervisory Committee members, as well as non-financial managers and staff.
- A free copy of TEAM Resources “Board DashBoard”
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
SPEAKER: Tim Harrington, TEAM Resources
Tim Harrington is a Certified Public Accountant, author, and consultant who has specialized in working with community financial institutions since 1992. Since 1996, Tim has been President of TEAM Resources, a firm which provides consulting, strategic planning, and training from coast-to-coast.
A presenter at over 1,000 financial conferences, seminars, and webinars, Tim has provided consulting and training for hundreds of community financial institutions in nearly every state and four countries. Tim advises boards and senior management teams on strategy, profitability, and governance and works with staff on leadership and lending. Tim’s book “Eisenhower on Enlightened Leadership” has been used by many boards and management teams to improve internal leadership. In addition, he is a faculty member of three financial institution schools and is the author of the popular lending software “Lenders Tax Analyzer.”