2018 ALM Workshops

Whether you are new to credit unions or just need a refresher, Cornerstone Credit Union League offers an opportunity to gain a better understanding of what the numbers and ratios really mean.  Asset/Liability Management (ALM) Workshops are coming to an area near you to provide the tools to make decisions and manage your credit union more effectively.

Led by Deborah Rightmire, ALM and Financial Analysis Director, these Essentials and Implementation Workshops provide an excellent opportunity for management, staff, SCMS students, ALCO members, and boards to enhance their knowledge of asset/liability management.

We look forward to your participation in the following workshops.

Day One: ALM Essentials Workshop

9:00 a.m. - 4:00 p.m.

The essentials ALM workshop is a full-day session designed for all credit union employees and Board members who desire a better understanding of basic Asset/Liability Management fundamentals. Some of the topics include:

  • Identifying the primary goals of Asset/Liability Management
  • Understanding the ALM Resource’s ABAJO Key Ratio Report and NCUA’s FPR
  • Analyzing your credit union’s key financial ratios
  • Reviewing an expense analysis and its implications
  • Pricing loans and deposits based on market indicators 
  • Reviewing the Risk Focused Examination process

Day Two: ALM Implementation Workshop

9:00 a.m. - 3:00 p.m.

The advanced ALM workshop is a 5 hour session providing tools needed to implement an effective Asset/Liability Management process in your credit union. It addresses these areas:

  • Measuring interest-rate risk/sensitivity using a static GAP model
  • Organizing a successful ALM process
  • Discussing guidelines for developing an effective ALM Policy
  • Discussing guidelines for developing an effective Investment Policy
  • Developing a consistent ALCO agenda
  • Monitoring and measuring liquidity
  • Reviewing broker/dealer due diligence

What Attendees Say

"Very good. I'll recommend that ALCO and management attend this in the future."

"I never clearly understood how the calculations were computed until now"

"Working examples using our own credit union's data"

"Material is very helpful to any Board of Director member and essential for ALM Committee members. Time and money well spent."

"Great presentation on a difficult subject."

Dates & Locations

Little Rock, November 6 & 7

Arkansas Credit Union Association
1023 W. Capitol Ave.
Little Rock, AR 72201
Register

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

Presenter - Deborah L. Rightmire, CCUE

Debbie RightmireDebbie manages operations of ALM and Financial Analysis 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 7.0 CPE credits for the ALM Essentials Workshop, and 5.0 CPE credits for the ALM Implementation Workshop.
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

One Day:   $265
Two Days:  $495

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

Seating is limited. 

Registrant Cancellation Policy

Registration fee refunds (less a $50 processing fee per person) are granted for cancellations received in writing two weeks prior to the workshop. No refunds will be granted after that time.

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.

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, ALM and Financial Analysis Director, at 800-442-5762 ext. 6496.