This recorded event is available until April 17, 2013.

Do you know how to analyze and make sound decisions with your credit union's financial data?  As a member of your credit union's staff or board, there's always more to learn about financial management issues. From risks on balance sheets to steps on writing an asset-liability management policy, you won't want to miss all the benefits this eSchool has to offer.  

This event is produced by the CUNA Center for Professional Development and endorsed by the CUNA CFO Council.

Who Should Attend

This eSchool is designed for accounting staff, financial analysts, board of directors, CFOs and credit union staff who are interested in learning how to manage the financial growth of the credit union. Affiliation with CUNA/League is required for attendance.

Introduction to Financial Ratios

• Use ratios to evaluate the total financial performance of the credit union
• Examine each risk area to look at trends over time, interrelationships among ratios, and increasing and decreasing strengths and weaknesses
• Examine the impacts of financial decisions and changes on ratios
• Link tools, ratios, policies, changes and decisions

Introduction to Asset-Liability Management

• Identify and quantify the risks on the balance sheet
• Learn how to assess priorities among conflicting financial objectives such as capital, earnings, growth, and service
• Use tools to measure the volatility of income and expenses flowing from the balance sheet
• Learn how to write an ALM policy

Introduction to Financial Management Analysis & Problem Solving

• Examine how ALM modeling techniques have adapted to both product innovations and regulatory pressure for credit unions
• Learn how to apply financial management tools to balance sheet management

Introduction to Balance Sheet Earnings

• Identify and quantify balance sheet risks
• Review the conflicting priorities (capital, earnings and growth) with the appropriate level of capital and risks
• Gain a better understanding of how high growth can lead to increased risk for the credit union

Introduction to Investments

• Learn the basic terms and concepts for investments
• Explore the key components of a sound investment policy
• Discover how financial management foundations need to be applied when using investments
• Establish investment objectives and identify investment options to be considered
• Establish how to identify and measure investment risk, return and yield curves
• Apply financial management tools to investment analysis

Loan & Deposit Pricing

• Learn how to break down the individual risk and cost components inherent in loans and deposits
• Apply best practices in analyzing pricing and products
• Identify risks inherent in loan and deposit products
• Use your analysis of the components to effectively price your products

Forecasting & Budgeting Approaches

• Explain the importance of applying financial management foundations to the budget process
• Learn why a top down approach to budgeting can be a best practice
• Identify and understand what the characteristics of an effective budget are
• Learn how to create appropriate budget forecasts and analysis tools to monitor actual performance and identify budget variances

Determining Loan Losses

• Develop loan loss provision calculations and your role in balance sheet management
• Discuss the relationship between economic conditions and the optimal level for the allowance for loan loss

Strategic Decisions

• Establish the importance of the application of the financial management foundations
• Learn how to apply pricing practices and strategies to optimize the balance sheet
• Learn to apply financial management tools to general balance sheet management
• Establish what balance sheet management strategies a credit union should practice based on current and projected economic and interest rate environments

Tim Gardner

Tim is a financial consultant at CUNA Mutual Group. He assists credit unions in the selection and use of a variety of programs that perform asset-liability management, interest rate risk analysis, financial analysis, budgeting, strategic planning, and loan pricing. Tim also conducts strategic planning training sessions, presents financial analysis training workshops, and assists credit unions with special projects. Previously, Tim was the financial analyst for Wright Patman Congressional Federal Credit Union in Washington, D.C. 

Steve Rick

Steve is a senior economist for Credit Union National Association. He conducts economic research, teaches at various credit union schools and conferences and writes articles for CUNA publications. Steve facilitates strategic planning sessions for credit union boards and has authored a textbook on asset-liability management. Steve is also a faculty member of the economics department at the University of Wisconsin-Madison.

Live Session

This is a recording of an event held October 17, 2012. View upcoming events.

Sessions

Only interested in a specific topic? Select individual sessions are available for $219-$438 each.

• Introduction to Financial Ratios
• Introduction to Asset-Liability Management
• Introduction to Financial Management Analysis & Problem Solving
• Introduction to Balance Sheet Earnings
• Introduction to Investments
• Loan & Deposit Pricing
• Forecasting & Budgeting Approaches
• Determining Loan Losses
• Strategic Decisions

CUNA recorded events allow you to see and hear a presentation and refer to handouts. Attendees also have access to the speaker contact information for asking questions. With topics spanning all credit unions business areas, CUNA Training Bundle provides unlimited access to all live and recorded CUNA webinars, eSchools and audio conferences for all staff, managers and board members.

Accessing Your Recorded Event

You need a computer with Internet connection to participate.

Recorded events are available within 48 hours of the live event. Recorded events can be accessed by anyone at your credit union by logging into My Programs using your CUNA website username and password.

Discounts

Discounts may apply. Your final price will be visible at checkout. Only one discount available per registration.

100% Guarantee

CUNA is committed to providing a quality learning experience. If for some reason you are not fully satisfied, contact us and we'll provide you a full tuition refund or credit.

Cancellations

The last day for cancellations was October 16, 2012. Substitutions are accepted anytime prior to October 17, 2012 at no additional cost. Simply fax event and contact information, listing the new participant and who they will be replacing.