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Corporate Central Holds Strategic ALM Conference

 

ALM Conference Group

MUSKEGO, Wis. – May 25, 2017 – Member credit union executives gathered at Corporate Central Credit Union’s training facility last week to  ALM Conference Groupparticipate in the organization’s two-day Strategic ALM Conference. Designed to help credit unions improve their overall asset liability management (ALM), the educational event focused on ALM best practices. Related regulatory insights were provided by the Wisconsin Department of Financial Institutions.

Conference participants chose one of two educational tracks. Credit union staff directly responsible for monitoring and managing interest rate risk participated in sessions that focused on advanced topics such as liquidity risk management, portfolio benchmarking, aligning investment analysis with rate risk position, and possible current expected credit loss (CECL) impact on the balance sheet. Financial management staff seeking to acquire a better understanding of ALM fundamentals attended sessions that focused on interest rate risk and key interest rate risk measurement.

“The Strategic ALM Conference gave me some useful tools for reviewing the makeup of my credit union’s investment portfolio. It also enhanced my understanding of the implications of interest rate risk on the balance sheet,” said Karen Carew, Capital Credit Union EVP/CFO. “The opportunity to network with peers was very beneficial and it’s always great to get a chance to meet with the Corporate Central team.”

Conference facilitator and Corporate Central SVP of Investment Services, Kevin Chiappetta, added, “We thank all the attendees for their participation. The more we educate ourselves individually, the more we strengthen each individual credit union, and the more power we lend to the credit union movement.”

Helping Members to be Wildly Successful

About Corporate Central Credit Union
Corporate Central Credit Union is a federally insured financial cooperative that is strongly committed to serving the needs of our members. Built on the values of commitment to service, fiscal responsibility, and respect for the individual, Corporate Central Credit Union adheres to the highest standards of integrity, professional ethics, cooperation, and teamwork. A strong focus on maintaining quality partnerships with members nationwide enables Corporate Central Credit Union to remain firmly rooted in the tradition of “people helping people.” 

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