Is asset liability management (ALM) “rocket science”? If your grasp of ALM is still on the launch pad, this webinar will provide everything you need to know to reach stable orbit. All volunteers, staff, and directors will benefit from learning more about ALM concepts, including credit risk.
- Comprehend the importance of capital and where it comes from
- Understand more than ever about:
- Interest rate risk
- Gap analysis
- Net economic value (NEV)
- Credit risk
Asset liability management (ALM) is one of the most important things a credit union director needs to understand. But some call it the “rocket science” of the credit union industry. Why? Because it is very difficult to comprehend. Put simply, it’s just the management of loans and deposits over time in a manner that helps maintain the profit and capital your credit union needs. While ALM is complicated, this course will make it easier and more understandable than ever before. This webinar will illuminate fundamental ALM concepts and explain:
- What tools you can use in ALM
- What those tools tell you
- What questions you may need to ask
- What measurements are important to understand
- What can happen if ALM isn’t managed well
In addition, this program will discuss the new allowance for loan losses methodology, called CECL (current expected credit loss) that goes into effect January 1, 2023.
Timothy P. Harrington, TEAM Resources
Tim Harrington is Founder and CEO of TEAM Resources and has been a financial institution consultant for
over 29 years. Tim has advised lenders on verifying income from tax returns since 1992, and consults with
financial institutions nationwide on issues of strategy, profitability, and board governance. He speaks at
nationwide conferences and has presented in Canada, Mexico, Puerto Rico, Jamaica, and the Virgin
Islands. Tim is the author of the popular software, Lenders Tax Analyzer. In addition, his book “Eisenhower
on Enlightened Leadership” has been used by management teams nationwide to improve leadership skills.
He did his undergraduate studies at Gonzaga University and graduate studies at the University of