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Corporate Central Presents IRR Best Practices at NASCUS WI Directors College Event

MUSKEGO, WI – July 31, 2017 – Corporate Central Credit Union’s SVP Investment Services, Kevin Chiappetta, held an educational session on interest rate risk (IRR) best practices during the NASCUS Wisconsin Directors College July gathering at Fox Valley Technical College in Appleton, WI. The day-long event provided credit union directors with critical statutory, fiduciary and regulatory updates. The event also focused on hot topics and emerging issues affecting the credit union industry.

Kevin Chiappetta, SVP Investment Services, Corporate Central Credit Union, shared IRR insights at the NASCUS WI Directors College July event. Read his full biography.

“This was a great opportunity to get to know more credit union directors and help them better understand the complete risk profile of their entire balance sheet,” said Chiappetta, who leads Corporate Central’s balance sheet optimization CUSO, QuantyPhi.

Chiappetta shared insights with over 30 attendees, showing credit union directors how to better review IRR reports and how to better understand areas of potential rate risk exposure.

“Understanding how risk affects each balance sheet component helps credit union directors make better relative-value decisions. The better directors are at evaluating risk, the better they are at maximizing opportunity,” Chiappetta explained.

The Wisconsin Directors College is one of NASCUS' many Directors Colleges that have aggregately trained approximately 3,000 state credit union board members since 2008. In addition to topics like IRR, Directors Colleges also focus on regulators’ expectations of directors and serve as venues for networking and sharing board experiences. Although the content is geared toward directors, all state and federally-chartered credit unions executives are welcome to attend the one-day educational events. NASCUS Directors Colleges and schools are approved for CPE credits.

Helping Members to be Wildly Successful

About QuantyPhi, LLC
QuantyPhi, LLC is a wholly-owned credit union service organization. Formed by Corporate Central Credit Union in 2016, the CUSO specializes in credit union balance sheet optimization. QuantyPhi’s mission is to build better credit unions by building balance sheets with muscle, flexibility and resilience. Please visit QuantyPhi.com to learn more.

About Corporate Central Credit Union
Corporate Central Credit Union is a federally insured financial cooperative built on the values of commitment to service, fiscal responsibility, and respect for the individual. We cultivate a culture of respect, ethics, teamwork and innovation. We are "Helping Members to be Wildly Successful" by delivering industry knowledge and expertise to help credit unions achieve their strategic objectives and compete in today’s evolving financial services industry. We are motivated to passionately serve our members and strive to learn, create and innovate daily.

The National Association of State Credit Union Supervisors (NASCUS) is the primary resource and voice of the state governmental agencies that charter, regulate and examine the nation’s state-chartered credit unions. NASCUS membership is made up of state-chartered credit unions, state regulators and other supporters of the state credit union system. NASCUS is the only organization dedicated to the defense and promotion of the state credit union charter and the autonomy of state credit union regulatory agencies. Learn more at nascus.org.

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6262 South Lowell Place, Muskego, WI 53150
Phone: (800) 242-4747 | Fax: (414) 427-3700
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