Webinar: The Balance Sheet Within Your Credit Union Balance Sheet: Hidden Risk Lurking

Wednesday, June 23, 2021 - 3:00 - 4:30 PM CST

COVID-19 came swiftly and without warning. The resulting aberrations and nuances are substantially impacting how you approach assessing your credit union’s true risk position. Determining with conviction the most appropriate strategies and calls to action for your credit union begins with understanding the hidden risks in your balance sheet today that will impact your balance sheet in the future. Fear, uncertainty and doubt are pervasive at many ALCOs struggling in the new abnormal environment. Discover the only way to remain confident in developing appropriate strategies for your credit union.

This session is designed for CEOs, Presidents, CFOs, Model Managers, Controllers and ALCO members and yes, Board members.

  • Dissecting and uncovering the core drivers of your “new” risk profile and why most credit unions have more risk than meets the eye
  • Deposit surge influence on ALCO behaviors: potential risks and opportunities
  • Margins will continue to decline in 2021 and 2022: credit union strategies to “fill the hole” in earnings
  • Swimming in liquidity: investments explored- sorting through the clutter to add clarity amid alternatives…buyer beware
  • Loan strategies: give the member what the member wants - you can manage the risk
  • Wholesale Funding bits and pieces explored including Derivatives

Continuing Professional Education (CPE) credit will be available for this webinar. Scroll to the bottom of the page for more details. 

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Frank Farone

Managing Director, Darling Consulting Group

Speaker Bio

Frank consults nationwide with CEOs and CFOs of financial institutions to increase earnings through the proactive management of capital, liquidity/funding risk and interest rate risk. He is a frequent speaker and author on topics such as industry issues and trends, funding solutions, regulatory issues, interest rate risk management, capital management and derivatives hedging techniques.

Frank was designated a “top-rated” speaker by FMS and is well known for his popular seminar “Turbo Charging Your ALCO Process” having helped thousands of bankers across the country.

Frank is a graduate of Siena College. He lives in Winchester, Massachusetts and is an avid golfer and runner, having completed numerous marathons including several Boston Marathons over the past 25 years.

Continuing Professional Education (CPE) Credit Information

*In order to earn your credit, you must answer the live polling questions and complete the survey sent via email on June 24. 

Program Description: This 90-minute webinar will help credit unions to better assess their true risk positions.

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Learning Objectives: Upon completion of this training session, participants will:

  • Learn the core drivers of their risk profiles
  • Understand the risks and opportunities related to deposit surges
  • Know what to look for in their wholesale funding strategies
  • Understand investment opportunities available to them during this period of high liquidity

In order to be awarded the full credit hours, you must attend the full LIVE recording of the webinar. You must also participate in all polls during the LIVE session.

Participants will earn 1 CPE credit for attending the entirety of the LIVE session. If you watch this webinar after the fact, it will not count towards CPE credit. 

Field of Study: Finance

Additional Information

  • Prerequisites: Basic knowledge of the finance industry
  • Who Should Attend: This session is open to all employees of FHLB Des Moines member institutions
  • Advance Preparation: None
  • Program Level: Intermediate
  • Delivery Method: Group Internet-Based Live
  • Refunds: No Fee
  • Cancellations: For more information regarding concerns and/or program cancellation policies please contact Brenda Lyle Tamse

Federal Home Loan Bank of Des Moines 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.NASBARegistry.org.