Menu 
X
Cornerstone League

2021 ALM Workshops

Whether you are new to credit union asset/liability management (ALM) or simply want to increase your knowledge, the Cornerstone League ALM workshops will discuss ALM concepts and provide tools and techniques to manage your credit union’s ALM process more effectively.

The Essentials and Implementation Workshops offer an opportunity to better understand the goals of Asset/Liability Management, critical operational areas of earnings, capital, asset quality, liquidity, and entry-level interest-rate risk. The workshops provide an excellent opportunity for management, staff, ALCO members, and board members to enhance their knowledge and understanding of asset/liability Management.

Dates & Locations

Oklahoma, Oct. 19-20

Early Bird Deadline: Sept. 24
Registration Deadline: Oct. 4

Credit Union House of Oklahoma
631 East Hill St.
Oklahoma City, OK 73105

Agenda

Day 1: ALM Essentials | 9 a.m. to 4 p.m.

ALM Essentials is designed to build a solid foundation of the basic concepts of asset/liability management. The session will begin with a discussion of the goals of ALM, which include the key operational areas of earnings, capital, liquidity, and entry-level interest-rate risk. It will include a review of the key ratio analysis report that the Cornerstone League provides its members, illustrate how to monitor the regulatory communications provided by NCUA and review the components of the risk-focused exam.

Using the fundamental concepts of ALM discussed in the morning, the afternoon session will dive deeper into identifying how to manage earnings and, more specifically, spread. The discussion will include the mechanics and practices to ensure appropriate pricing of products and provide the ability to monitor the credit union’s financial condition monthly. The discussion will outline the ratios to monitor, highlight the impact factors for each ratio, and calculate the 13 key ratios identified.

Day 2: ALM Implementation | 9 a.m. to 2 p.m.

ALM Implementation will discuss interest-rate risk: what it is, why it impacts the credit union, and why NCUA requires regular monitoring. This session will include a review of the entry-level measurement of GAP and a six-month GAP calculation. 

The afternoon session will review an asset/liability management checklist, including a discussion of items to incorporate or update the credit union’s ALM process. The session will highlight the elements of an ALM policy and an investment policy, review a liquidity analysis to identify and support liquidity needs, discuss who can serve on the Asset Liability Committee (ALCO), and processes and procedures for the ALCO.

 

Presenter: Margot Strong

Margot Strong

In her role as ALM & Financial Analysis Director, Margot Strong works with credit unions to provide analysis, instruction, and guidance in the area of asset liability management to help facilitate their financial well-being. Strong has more than 20 years of experience in business development and more than 10 years of experience working with credit unions while at Catalyst Corporate Federal Credit Union and ALM First.

Originally from Ohio, she came to Texas by way of Texas Christian University, where she received her Bachelor of Science degree.

Educational Investment

Costs

Registration is limited to 20 people per workshop. Lunch is provided.

Fee Per Person
Early Bird RateRegular Rate
One Day$249$299
Two Days$475$575


Registrant Cancellation Policy

Registration fee refunds (less a $50 processing fee per person) are granted for cancellations received in writing one week prior to the workshop.

COVID-19 Safety and Precautions

All attendees are required to wear masks and complete a questionnaire to certify they have not been exposed to COVID-19 or are experiencing COVID-19 symptoms.

Questions?

Call 800-442-5762 ext. 6496 or email us.