Director Series: Advanced Financial Literacy Update for New & Experienced Directors: ALM Primer & New Financial, Accounting & Risk Issues
Date: September 18, 2012
Time: 2:00 PM- 3:30 PM CST
Live Webinar- $200
The LIVE WEBINAR option allows you to have one telephone connection for the audio portion and one Internet connection (from a single computer terminal) to view online visuals as the presentation is delivered. You may have as many people as you like listen from your office speaker phone. Registrants receive a toll-free number and pass code that will allow entrance to the seminar. The session will be approximately 90 minutes, including question and answer sessions. Seminar materials, including instructions, pin number, and handouts will be emailed to you prior to the broadcast. You will need the most current version of Adobe Reader available free at www.adobe.com.
On Demand Web Link & CD- $200
Can’t attend the live webinar? The ON-DEMAND WEB LINK is a recording of the live event including audio, visuals, and handouts. We even provide the presenter’s email address so you may ask follow-up questions. Approximately 1 week prior to the webinar, you will receive an email with the web link. This web link can be viewed anytime 24/7, beginning 6 business days AFTER the webinar and will expire 6 months after the live program date. But there's more . . . AS AN ADDED BONUS, you will also receive a FREE audio/visual CD ROM.* The CD ROM includes the original audio/visual presentation, the question and answer sessions, and the handouts. Use the on-demand link or this “off-the-shelf” training program for those that could not attend the live seminar and for future training.
Live Webinar & On-Demand Web Link (INCLUDES FREE CD-ROM)- $250
Includes options 1 and 2 above
Special Registration Option for member credit unions under $20 million-$169
On-demand link only (does not include CD or live webinar)
About This Webinar:
What is Asset Liability Management (ALM)? Some say it’s the “rocket science” of the credit union industry. But it’s actually managing loans and deposits over time in a manner that helps maintain the capital you need. Although it is complicated, this course will make it easier and more understandable than ever before. ALM is essentially identifying and quantifying risk now and in the future. It is absolutely essential that every director understands the basic concepts and questions to ask about it.
This course will look at the fundamental concepts of ALM, what it means, how to learn more about it, how credit unions measure it, and what can happen if it isn’t done well or understood. In addition, this webinar will provide updates on any new accounting and risk issues that have arisen during the year, such as the new interest rate risk regulation for federally-insured credit unions, effective September 30, 2012.
- Basic building blocks of financial statements
- Importance of capital
- Learn about:
- Interest rate risk (and the new NCUA IRR policy requirement)
- Credit risk
- Liquidity risk
- Concentration risk
- Growth rate risk
- How to monitor these risks and ask management questions to ensure your credit union is moving in a prudent and sensible direction
*To register for this webinar, CLICK HERE
For more information, please contact Carrie Buchholz at:
(P) 405.702.8622 ext. 215
Harrington is a Certified Public Accountant who specializes in working with
community financial institutions. Since
1996, Tim has been President of TEAM Resources, a firm which provides
consulting, strategic planning, and training from coast-to-coast.
A presenter at over 1,000 financial conferences, seminars, and webinars, Tim has provided consulting and training for hundreds of community financial institutions in nearly every state and four countries. Tim advises boards and senior management teams on strategy, profitability, and governance and works with staff on leadership and lending. In addition, he is a faculty member of three financial institution schools and is the author of the popular lending software “Lenders Tax Analyzer” and has taught lending personnel how to obtain monthly income from tax returns since 1992.