ALM Fundamentals Workshop

The ALM fundamentals workshop is a full-day session specifically designed as a bonus opportunity for Board Members attending the Cornerstone CU League Annual Meeting to increase or refresh their ALM knowledge. Southwest CUNA Management School students, credit union management, and ALCO members will find this information valuable as well. During this session, Deborah L. Rightmire, vice president of ALM Resources, provides instruction to assist credit union professionals in analyzing their fundamental ALM process. Some of the topics include:

  • Review NCUA Letter 11-FCU-02 - Duties of Federal CU Board of Directors – Basic Financial Skills Required
  • Identify the goals of asset/liability management (ALM)
  • Pinpoint typical sources and uses of cash for credit unions
  • Review the ALM Resource Key Ratio Report
  • Identify 11 key financial ratios and impact factors of each
  • Analyze the Allowance for Loan and Lease Loss process (ALL)
  • Explore the Risk-Focused Examination (RFE) requirements

Whether you are new to your position or a seasoned credit union professional wanting an ALM refresher, this ALM Workshop offers an opportunity to gain a better understanding of what the numbers and ratios really mean and provides the tools to make decisions and manage your credit union more effectively.

Date & Location

Little Rock, April 17

9:00 a.m. - 3:00 p.m.
Marriott Little Rock
3 Statehouse Plaza
Little Rock, AR 72201
Register

Business casual dress is appropriate. Bring a jacket or sweater as room temperatures vary.

Presenter - Deborah L. Rightmire

Debbie RightmireDebbie manages operations of ALM Resources and delivers semi-annual ALM analysis and consulting services to credit unions across the U.S. repre- senting over 100 billion in combined assets.  She speaks for CUNA and Leagues across the nation and is a senior faculty member of Southwest CUNA Management School. Debbie is a graduate of the University of Alaska.

Continuing Education Opportunities

Cornerstone is pleased to announce the opportunity to earn CPE credits through the National State Board of Public Accountancy.

CPE Certificate (for CPAs):  Participants may earn up to 5.0 CPE credits
Field of Study:  Accounting

Opportunities to engage/interact:
Questions throughout the presentation
Participants determine their credit union’s financial CAMEL score

Program Level:  Basic financial skills

Pre-requisites:  No prerequisites or advanced preparation required.

In order to be awarded the full credit hours, you must be present, registering your attendance and departure on the attendance sheets at the registration desk.

National Registry of CPE SponsorsThe Cornerstone Credit Union League is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org.

Certificate of Attendance

Requests for certificates are processed after the event. Contact Vicki Harris, Financial Analyst, at 800-442-5762 ext. 6497 or email vharris@cornerstoneleague.coop for additional information or questions.

Please specify type of certificate needed.

Educational Investment

Fee Per Person

$229 - Your investment includes lunch, breaks, and instruction material including your credit union's most recent ALM Resources Key Ratio Report.

Seating is limited. Register today!

Registrant Cancellation Policy

Registration fee refunds (less a $50 processing fee per person) are granted for cancellations received in writing on or before April 11. No refunds will be granted after April 11.

Workshop Cancellation Policy

Locations with less than 10 registrants one week prior to the scheduled date of the workshop have the potential of cancellation. In the event of cancellation, all registrants will be notified by email, requesting confirmation the message has been received. Calls will be placed when confirmation is not received. An update will also be placed on CSCUL websites.

Grant Assistance

The Cornerstone Credit Union Foundation is accepting grant applications for League training events based on financial need. Applications must be received by application deadlines. Please visit the Foundation’s website to view all grant applications, guidelines and deadlines. Contact Emily Moreno, Foundation Grants Manager, at 469-385-6483 for more information.

Questions?

If you have physical, medical, or dietary needs requiring special attention, please us contact us for proper arrangements to be made.

For more information regarding administrative policies, such as complaint or refund, please contact Vicki Harris, Financial Analyst at 800-442-5752 ext. 6497, or Deborah L. Righmire, Vice President at 800-442-5762 ext. 6496.