Whether you are new to credit unions or just need a refresher, Cornerstone Credit Union League Asset/Liability Management (ALM) Workshops are coming to an area near you to provide tools and techniques to manage your credit union’s ALM process more effectively. The Essentials and Implementation Workshops offer an opportunity to gain a better understanding of the goals of Asset/Liability Management, key operational areas of earnings, capital, asset quality, liquidity and entry level interest rate risk. Led by Deborah Rightmire, ALM & Financial Analysis Director, these workshops provide an excellent opportunity for management, staff, SCMS students, ALCO members, and Board to enhance their knowledge of Asset/Liability Management. We look forward to your participation.
Day One: ALM Essentials
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
9:00 a.m. - 2:00 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
Presenter - Deborah L. Rightmire, CCUE
Debbie manages operations of ALM and delivers semi-annual ALM analysis and consulting services to credit unions across the U.S. representing 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.
The 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 firstname.lastname@example.org for additional information or questions.
Please specify type of certificate needed.
Fee Per Person
Early Bird One Day: $249
Standard Rate One Day: $299
Early Bird Two Days: $475
Standard Rate Two Days: $575
Your investment includes lunch, breaks, and instruction material including your credit union's most recent ALM Key Ratio Report.
Seating is limited.
Please be advised that photographs may be taken at the event for use in Cornerstone Credit Union League marketing materials. By registering for and attending any event, you agree that your image may be used at any time, without further notification, for printed materials, web sites, social media and other marketing purposes.
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.
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, ALM Financial Analyst, at 800-442-5752 ext. 6497.