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A/LM Education – Fundamentals – Full

The Fundamentals: Using A/LM as a Weapon

Recommended CPE Credit: Participants can earn up to 11.5 CPE credits

Program Description

This program provides an introduction into the fundamentals of asset and liability management (A/LM) for credit unions. Beyond an understanding of concepts necessary to address regulatory expectations, c. myers demonstrates the value of using A/LM to support effective decision-making in managing a safe and sound credit union.

The course covers the following main topics:

  • Understanding the role of government rate policy, regulation, and the broader economy on A/LM
  • Defining the characteristics of high-functioning credit unions
  • Investigating industry threats
  • Developing an understanding of risk measurement methodologies
  • Walking through case studies to demonstrate risk measurement and analysis
  • Evaluating modeling assumptions and their impact on reported results
  • Defining measures of success
  • Reviewing key policy considerations for the credit union

Learning Objectives

Our day-and-a-half flagship course addresses practical issues that credit unions struggle with daily. Like others, you’ll leave with a better grasp of the answers to questions such as:

  • What are high-functioning credit unions doing to remain relevant long term as the pace of change increases?
  • What are the five levers that contribute to ROA and how much control do we have over each one?
  • What are risk and reward trade-offs of trying to achieve a desired ROA today versus trying to protect a minimum net worth ratio for the future?
  • What does each modeling methodology tell us – or not tell us?
    • Net interest income (static and dynamic)
    • NEV (including OAS and stochastic)
    • Long-term net worth at risk
  • What are the top 10 observations from model validations?
  • What are the fundamental risks and rewards of different investments?
  • What are best practices for creating and using loan and deposit modeling assumptions?
  • What is important to know about new rules and regulations related to interest rate risk management (e.g., risk-based capital requirements)?

You’ll work in teams using case studies of real credit unions. We’ll quickly test decisions you’d consider if you were managing these credit unions and you’ll see how your decisions could change the financial performance and risk profiles of your case studies. You will leave the session better equipped to make business decisions using A/LM to evaluate those decisions.

Content level: Basic

Instructional Delivery Method: Group Live

Location: Courses are in sunny Phoenix, Arizona at our headquarters next to the South Mountain Preserve, the nation’s largest municipal park, with 51 miles of trails for hiking, biking, and horseback riding. You may even want to make a long weekend of it and visit Sedona or the Grand Canyon. We also are near several local favorites like the Desert Botanical Garden and the Phoenix Zoo.

CPE Field of Study: Finance                                               

Prerequisite Education or Experience: Basic familiarity with credit union financial statements

Advance Preparation Requirements: None

Who Should Attend: Any credit union board member, executive, manager, accountant or analyst with responsibility for understanding and/or managing asset and liability management

Fees, Refund, and Program Cancellation Policy

Fee*: $550 for one participant; $460 for each additional participant from the same credit union. Bring your entire ALCO to the same course for a flat fee of $1,535.

Refunds will not be given for cancellations received less than 30 days prior to the session; however, a substitute from your company is welcome.

In the rare case that a class must be cancelled, c. myers will make every effort to do so 30 days or more in advance of the class, in which case we are not responsible for travel costs or penalties incurred.

*Reduce your fee 15% by registering at least 30 days prior to the course.

Complaint Resolution Policy

c. myers will make every effort to resolve complaints regarding NASBA compliance within a reasonable amount of time and in a confidential manner. A formal complaint must be submitted in writing and must set forth a statement of the facts and the specific remedy sought. Submit complaints to:

c. myers corporation
Attn: CPE Program Administrator
8222 South 48th Street
Suite 275
Phoenix, AZ 85044

CPE Program Administrator: 800.238.7475

National_Registry_of_CPE_Sponsorsc. myers corporation 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 website: www.learningmarket.org.