c. myers live – Handling Credit Risk and Deferrals in This Challenging Environment
June 18, 2020
A recent area of opportunity and focus has been around how to handle credit risk and deferrals. In this c. myers live, we talk about how business intelligence can assist with identifying member behaviors which can be a helpful indicator when considering your level of concern for reserves.
- What types of information would you want to look at to help you understand credit risk? What are the gaps in information?
- What can you do from a structure, automation, and messaging perspective to engage with the members that need you?
- Implement ways to gather information on what your members need in terms of deferments.
- Talk with your team regularly to understand the stories and what they are seeing on member behaviors, so that you can make timely adjustments to your interactions and information.
About the Hosts:
Rob, one of five c. myers owners, has a reputation for deep, original thinking on asset/liability management and every conceivable modeling methodology, as well as analysis of investments, liquidity, aggregate risk, concentration risk, and other related topics. While Rob is a familiar face to the managements and boards of many of the largest credit unions, he has helped credit unions of all sizes tackle some of their toughest challenges, such as rebuilding capital and navigating safely and soundly with the smallest of margins. He has become quite familiar to many leaders in the regulatory world, both as an educator and a thought leader.
Learn more about Rob
Brian, one of five c. myers owners, has worked closely with credit union Boards and managements of all sizes in a variety of capacities. As a strategic planning facilitator, CEOs regularly praise Brian’s industry knowledge, calming communication skills, ability to authentically engage anyone with whom he interacts, and ability to keep discussions focused on linking strategy with desired measures of success.
Learn more about Brian
Other ways to listen to c. myers live: