Webinar: Advanced Financial Literacy for New & Experienced Directors: ALM Primer & Financial Accounting & Risk Issues
June 23, 2026 11:00 am - 12:30 pm
Is risk bad or good? It depends. Risk is a natural part of the credit union business.
Get it right and you profit and build capital. Get it wrong and “ouch!”, it hurts. The board’s job is never easy and seems to be getting more complicated every year. The financial services market continues to change and risks proliferate. This presentation will cover the fundamentals of asset/liability management, credit risk, and interest rate risk through clear explanations and board-focused insights. Gain the knowledge to interpret financial results, ask the right questions, and align strategy with service. Discover how informed risk management supports sustainable earnings and fulfills the People Helping People mission.
KEY WEBINAR TAKEAWAYS
- Intelligent risk: Namely, the right amount of risk to get the profit you need
- ALM primer: Get a handle on the complex area of asset/liability management
- Make sense of credit risk (the lending world) and how to earn the profit you need
- “Staying Short” or “Going Long”? The implications both options have on interest rate risk
BONUS MATERIALS
- Financial dashboard template
- Detailed handout of all slides
- Sample loan profitability report by credit tier
WEBINAR DETAILS
This course will explore some complex financial risks that are a fundamental part of the business we’re in and examine them as opportunities for growth and profitability. We will discuss the basics of asset/liability management and prepare directors to ask key questions of management. This primer will help you look at some of the issues and terms of ALM in a new way.
We will look at diverse points of view on credit risk, the risk of making a loan, and the various ways credit unions approach this necessary risk. Loans are generally the most profitable product we sell, and often the most needed in our communities. But the level of risk you choose to take in lending, the members you will grant loans to, the types of loans you will make, and the pricing on those loans all affect how much you earn on your loan portfolio.
Finally, we will look at interest rate risk to understand how mortgages, auto loans, and investments affect credit unions in the short- and long-term. Each credit union determines the diversity in their portfolio. The types and terms of “assets” in your portfolio have an impact on interest rate risk.
WHO SHOULD ATTEND?
- Directors, both veteran and new
- Supervisory committee members
- Non-financial members of management
TAKE-AWAY TOOLKIT
- 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: Timothy P. Harrington, TEAM Resources
Tim Harrington is founder and CEO of TEAM Resources and has been a financial institution consultant for over 30 years. Tim has advised lenders on verifying income from tax returns since 1992, and consults with financial institutions nationwide on issues of strategy, profitability, and board governance. He speaks at nationwide conferences and has presented in Canada, Mexico, Austria, Puerto Rico, Jamaica, and the Virgin Islands. Tim is the author of the popular software, Lenders Tax Analyzer. In addition, his book, Eisenhower on Enlightened Leadership, has been used by management teams nationwide to improve leadership skills. He did his undergraduate studies at Gonzaga University and graduate studies at the University of Washington.