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ALM First announces regional investment sessions

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DALLAS (3/4/10)--ALM First Financial Advisors is offering half-day regional education sessions on issues that affect credit unions’ investment decisions and strategies. The free sessions will take place throughout the year. Registration is limited to two representatives per credit union. Each session will feature ALM First professional staff and financial accounting expert Mike Sacher of Sacher Consulting. Local credit unions in the region will serve as host locations. The sessions will be held at:
* Tempe (Ariz.) Schools FCU, March 16; * Westerra CU, Denver, March 17; * GTE FCU, Tampa, Fla., March 24; * Tropical Financial CU, Miramar, Fla., March 25; * SAFE CU, North Highlands, Calif., April 13; and * San Diego County CU, April 14.
The agenda includes:
* Investment strategies for managing 2010’s influx of cash; * Balance sheet risk management in an environment of rising interest rates; and * Challenges of the newly required acquisition method of accounting for mergers.
“Identifying new opportunities for your credit union and exposing yourself to potential balance-sheet strategies is essential to successfully managing this new environment,” said Tom Manley, ALM First Partner and one of the presenters. “Times have changed, making it more critical for credit unions to consider new ideas, beyond the strategies used in the past.” “None of us could have anticipated the current economic circumstances and subsequent impact on the credit union industry,” Sacher said. “But the onus is on credit unions to take the initiative to discover new ideas, seek out different methods and shift their old ways of thinking to help them emerge stronger in the future.” ALM First provides financial advisory services to credit unions.

TMG sets agenda for 2010 client conference

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DES MOINES, Iowa (3/4/10)--The Members Group (TMG) released its 2010 Client Conference agenda aimed at this year’s event theme: Future. Growth. Now. The agenda contains presentations tailored to TMG’s client base of financial institutions looking to enhance their credit, debit and prepaid card programs. The conference is scheduled for June 14-16 in Las Vegas. Keynote speaker is Peter Duffy of Sandler O’Neill and Partners. Duffy will speak about the shift in the financial services landscape and share research and analysis on competitive issues facing community-based financial institutions. Other speakers include:
* Philippe Benitiez of Gemalto, who will discuss chip and personal identification number payments and value-added services that can increase card use and retention; * Erin McCune, Glenbrook Partners, who will talk about alternative payments, detailing how new technologies and innovative financial institutions are changing the way consumers and business interact; and * Futurist Bob Treadway, who will address trends and forces that will shape financial services and the credit union movement during the next five to seven years.
TMG is a wholly owned subsidiary of the Affiliates Management Co., which is owned by Iowa credit unions and their members. For more information, use the links.