Is Your ALM Analysis Up-to-Date?
It is essential that your credit union has an Asset Liability Management analysis that is appropriate to your credit union's needs and provides sufficient analysis for decision-making purposes. At a cost of only $600 per year, the semi-annual ALM service available through your Credit Union Association is an easy, cost-effective ALM solution for most credit unions with only non-complex investments and minimal real estate and other long-term loans. All you do is submit copies of your semi-annual Call Reports (June and December).
This ALM service includes a semi-annual Key Ratio analysis based on your credit union's Call Report data with commentary by Debbie Rightmire, vice-president of the Asset Liability Management Department of the Texas Credit Union League. Monthly dividend and reinvestment guidelines and semi-annual peer group statistics are also included. Upon your request, an Expense Analysis and Salary/Fringe and Staffing Analysis can also be prepared. In addition, Debbie is available by phone to discuss her comments and any questions you may have during the year.
For more information or to begin the Asset Liability Management Service with your June 2012 Call Report, contact Dana Kroutil at 800.375.6285, Ext. 240 or firstname.lastname@example.org