• Sessions

    Fundamentals of Financials 

    • Basic Financial Statements
    • Other Financial Reports
    • Ratios and Trends

    Asset Liability Management for Directors 

    • Foundations of Financial Analysis
    • Managing the Impact of Changing Interest Rates on Net Income
    • Managing the Impact of Changing Interest Rates on Capital
    • Managing Liquidity Risk

    Board Governance Essentials 

    • Duties, responsibilities and functions of the board including: strategy, leadership, core values, communication and director liability
    • Governance strategies: One size does not fit all, but there are different governance models that are equally effective and adaptable. Robert's Rules of Order is not the only game in town
    • Best practices: There's often quite a difference between what some think works and what works. Here we'll examine some tested and proven strategies

    Board Duties & Authority; Board Liability & Insurance 

    • Directors Responsibilities/Powers
    • Parameters of Directors Liabilities
    • Why Are Credit Unions Sued?
    • Who Might Sue?
    • Limits on Liability
    • Avoiding Liability

    CEO Oversight 

    The board only has one employee, the CEO. The board's role in overseeing the CEO is critical to the mission and objectives of the credit union. During this session, you will discuss:

    • The current CEO landscape
    • Hiring and keeping the CEO
    • Total compensation packages
    • Executive employment agreements
    • Assessing the CEO through goal setting, monitoring, feedback and effective communications

    Compliance Fundamentals Overview 
    Speaker: David Reed

    • Overview of compliance landscape
    • Priority issues for directors in the compliance realm

    Strategic Thinking & Plan Design; Strategic Plan Execution & Oversight

    Strategic planning is about the big picture, and about setting the direction of your credit union. It's as much about what you won't do as what you will. Strategic planning gets at the very heart of your credit union to establish what goals you have and how to get to them. Successful strategic plans are straightforward competitive approaches that articulate how your credit union will get from where it is to where you want it to be with tangible competitive advantages. More than buzzwords restating the obvious, effective strategic plans distinguish what is possible and probable, compelling you to stake opportunity-focused claims on the members, markets, and industry spaces where you believe your credit union can be in the lead. An alliance between your CEO and Board, strategic planning excellence delineates a series of objectives, identifies areas where a credit union will contend or endeavor, and recognizes exclusive advantages that allow for success. All the more profitable are exhaustive – but not exhausting – strategies that fulfill your members' needs, coincide with your credit union's potential and – most significant – go beyond what your competitors present. Includes afternoon case study on oversight of strategy through endless change and innovative revenue opportunities. What would you do? Share your thoughts and learn from others, too.

    Board Operations & Development

    Great boards and supervisory committees have great dynamics among their fellow members. Contemporary research points to a parallel between successful dynamics and overall value for a credit union. Further, at credit union conferences around the land, the vast majority of volunteers questioned indicated that great boards and committees are a significant part of credit union success. What makes a credit union board or committee move from good to great? Dynamics, and meticulous attention to the details involved. The devil is in the dynamics. Operations and development can easily be overlooked, but is important for the wellbeing of your governance team. Boards and supervisory committees must work together with one voice for the good of your credit union. Maintaining productive dynamics is a practice, not a one-time assignment. Good dynamics help develop the effectiveness of every individual and the fine points of governance. Learn how to build your board and supervisory committee – now – and for the future, and create one voice through team building, communications, differing opinions, and consensus.