Webinar: Financial Literacy Part 1: How to Identify 7 Credit Union Risks Using Financial Statements
June 16, 2025 3:00 pm - 4:00 pm
Financial literacy is a key element in any board member’s skillset. Is it part of yours?
Part 1 of this two-part series will explain how financial statements can be used to identify seven key risk factors at your credit union. Join us to improve your risk-identification proficiency.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Understand which risks may be affecting your credit union and how to identify them
- Identify the seven major credit union risk components and how they intersect
- Explain the key financial literacy components of your credit union’s financial condition
- Understand your credit union’s financial statements and how risks are identified
- Expound on the most important risks that may be affecting your credit union
WEBINAR DETAILS
Everything a credit union does to serve its members involves some kind of risk, whether it’s collecting loans, investing excess funds, providing electronic services to members, etc. This program will explain how to identify these risks just by reviewing your financial statements. It will also explore some of the key risks that may be impacting your credit union.
WHO SHOULD ATTEND?
This informative session is designed for directors, supervisory and audit committee members, new credit union employees, rising stars at your credit union, and accounting department personnel.
TAKE-AWAY TOOLKIT
- Cheat sheet – 7 Credit Union Risk Categories
- 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: Bryan Mogensen, CLA
Bryan Mogensen is an assurance principal at CLA in Phoenix, AZ. With CLA since 1995, Bryan has extensive audit and public accounting experience and has devoted the last 30 years specifically to financial industry clientele. Bryan serves as leader of CLA’s western region financial institution audit, internal audit, and employee benefit plan audit practices. His background includes overseeing and managing audits and internal audits of CUs, CUSOs, profit sharing plans, 401(k) plans, defined benefit plans, and employee and group health plans.
Bryan frequently has national speaking engagements and is a licensed CPA and a member of the AICPA and ASCPA. He received a bachelor’s in Business Administration with an emphasis in accountancy from the University of Wisconsin-Milwaukee.