MADISON, Wis. – Credit union chief financial officers (CFO) can discover new strategies to respond and persevere in this struggling economy during the 15th annual CUNA CFO Council Conference and Roundtable, May 17-20, in Las Vegas.

Find out how the recession, the mortgage crisis, and the bailouts will ultimately affect credit union balance sheets and earnings performance during CUNA Senior Economist Steve Rick’s presentation, “The State of the Economy.” During his general session presentation, Rick will offer standards against which to measure credit union performance. He will also examine savings and loan activity trends and weight the influence of future 2009 events on growth patterns.

“Because of market volatility, the pressure has never been greater on CFOs to vigilantly monitor their balance sheet,” said Erin Mendez, council chair and senior vice president of finance and information technology for SchoolsFirst FCU in Santa Ana, Calif. “Our conference is packed full of sessions designed to help credit unions strategically maneuver through these turbulent times.”

Some of these featured sessions include:

• Liquidity Management – How Much is Enough, Where to Find More and How Much Will it Cost?
• Effective Asset Liability Management Strategies for Volatile Markets
• The Ethical Missteps in the 2008 Financial Crisis
• Merger Strategies for Uncertain Times
• Earnings Improvement Opportunities With ABC and Product Profitability Management
• Income Generators and Expense Reducers
• FASB Update: Accounting Issues
• Extending Liability Duration Using Interest Rate Derivatives

Additionally, a special National Credit Union Administration session is on tap for Tuesday to discuss the corporate stabilization program and other timely topics. J. Owen Cole, director of the office of capital markets and planning for the NCUA, will update attendees on the latest regulations coming from the NCUA.

For more information or to register online, go to www.cunacfocouncil.org and click on the conference icon. For program information inquiries, contact Deb Verdecchia, CUNA Councils program coordinator at (800) 356-9655, ext. 4357, or by e-mail at
dverdecchia@cuna.coop.