MUSKEGO, Wis. (6/7/12)--Corporate Central CU in Muskegon, Wis. has expanded its partnership with Farin & Associates Inc. to offer interest-rate-risk compliance services.
Corporate Central CU, which has an existing five-year partnership with Farin, expanded its relationship to ensure that the corporate credit union's member credit unions have resources available to implement the National Credit Union Administration's impending requirement that all federally insured credit unions develop and adopt a written policy on interest-rate-risk management as part of their asset liability management (ALM) programs.
Farin will offer a free webinar for Corporate Central members on Monday at 2 p.m. CT to explore the changes in policy, approach and assumptions that credit unions must undertake to meet the new NCUA requirements, which go into effect Sept. 30.
Corporate Central members will have access these services offered through Farin:
- In-house ALM models and outsourced ALM model options;
- Non-maturity core deposit analysis;
- Loan/relationship profitability models (LoanEDGE);
- Loan and deposit pricing services;
- Educational webinars and seminars; and
- Consulting services.