MADISON, Wis. (8/27/08)--Testing strategic financial goals and analyzing credit union financial ratios are the topics of two new white papers by the CUNA Chief Financial Officers (CFO) Council. “Testing a Strategic Financial Vision: Using a Simple Financial Planning Model” explains how to test a credit union’s strategic financial goals over an extended time. Using a simulation model that creates future balance sheets, income statements, and financial ratios, the paper focuses on capturing key financial aspects of the plan in a strategic financial vision. It also outlines key testing issues and includes an operating manual for the model. The second white paper, “Credit Union Financial Ratios: Twenty-Plus Years of Data and Analysis,” explains what can be garnered by analyzing financial ratios over 22 years. It examines the conclusions about financial changes, impacts of competition, changed regulation, and the basic safety, soundness, and competitiveness of the industry. A 22-year listing of more than 50 ratios is included in the appendix. For more information, use the links.