Asset liability management (ALM) is one of the most important things a credit union director needs to understand. Some call it the “rocket science” of the credit union industry because it is very difficult to comprehend. Simply put, it’s the management of loans and deposits over time in a manner that helps maintain the profit and the capital your credit union needs. While ALM is complicated, this webinar will make it easier to understand than ever before. Join us to learn:
- What tools can be used in ALM
- What those tools tell you
- What questions may need to be asked
- What measurements are important to understand
- What can happen if ALM isn’t managed well
In addition, this webinar will provide updates on any new accounting and risk issues that have arisen during the year, including the changes that will be taking place as the current Allowance for Loan and Lease Losses methodology is replaced by the new CECL methodology.
- Refresher on credit union financial statements
- Importance of capital and where it comes from
- Understand more about:
- Interest rate risk
- Gap analysis
- Net economic value (NEV)
- Credit risk
- The coming Current Expected Credit Loss (CECL) methodology
- How to monitor ALM risks and ask questions to ensure the credit union is moving in a prudent, sensible direction
- TAKE-AWAY TOOLKIT
- Free copy of TEAM Resources’ “Board Dashboard”
- Employee training log
- NEW – Interactive quiz
WHO SHOULD ATTEND?
This informative session is designed for board and supervisory committee members, as well as non-financial managers and staff.
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.”