The need for credit union financial training has grown far beyond the chief financial officer. The environment in which credit union managers operate continues to become more complex as credit unions are faced with more competition from traditional financial institutions, as well as nontraditional organizations offering financial services. For credit unions to survive and flourish in a robust business environment, sound business practices must be followed.
Now, more than ever, credit union professionals need the value of financial training. Volunteers, executives, and managers are now being asked to make critical decisions based on their financial knowledge. Do you understand your credit unions numbers?

This event is in conjunction with the CUNA CFO Council.

Just like in face-to-face classes, CUNA Webinars allow you to see and hear a presentation, ask questions of the instructor, and refer to handouts. You need only a speakerphone and computer with Internet connection. With a computer projection screen, it's easy to provide this training to a whole roomful of staff!

When you register for an event, the connection information will be e-mailed to you 24-48 hours before the event. If you are registering for an event the day it is being held, please call 800-356-9655, ext. 4249 or e-mail training@cuna.coop for assistance.

Did you know...in addition to attending this event live, your tuition includes six months of unlimited access to the archived (recorded) event within 48 hours of the live event for your entire credit union. See the archived events available to you and your credit union.

CUNA Webinars use Adobe Connect to provide an interactive and convenient online learning environment. Whether you are a first time Adobe Connect user, or simply need a refresher, take a short tour. You'll learn how to effectively interact with the presenter and your peers during live webinars.

For additional training, register for the CUNA CU Finance for Non-Financial Managers & Volunteers eSchool, which starts August 18, 2010.

Attend this eSchool live on August 18, 2010

Attend this webinar live on August 18, 2010

Access this archived webinar

Financial Statement Game: Starting With the Basics

• Explore accounting 101
• Discover the five basic building blocks of accounting, how they are recorded and reported
• Learn the basic concepts that form Generally Accepted Accounting Principles (GAAP)
• Explore the basics of credit union profitability: where revenue comes from, what the major expense is, calculating the Net Interest Margin (NIM) and why NIM is no longer adequate to sustain credit union profitability
• Discover what makes up credit union "financial statements" and why we need to be able to make sense of the balance sheet and income statement

This webinar is beneficial for board members and any credit union staff who are interested in gaining a better understanding of fianancial management topics.

Affiliation with CUNA/League is required for attendance.

Tim Harrington, CPA

Tim is president of T.E.A.M. Resources, a training and consulting firm that provides consulting, strategic planning, and training to credit unions from coast-to-coast. Tim is a dynamic speaker who can make complex subjects very simple. As an expert in the field of credit unions, he has been involved in hundreds of credit union audit engagements and has consulted with, and provided training to, credit union employees throughout the country. Tim has been working with credit unions since 1989 when he directed the internal audit of a $100-million-dollar credit union. As an internal auditor, he gained a deep understanding of credit unions, their problems and successes.

The last day for cancellations was August 17, 2010. Substitutions are accepted anytime prior to August 18, 2010 at no additional cost. Simply fax event and contact information, listing the new participant and who they will be replacing.