Asset/Liability Management
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- Baldric Benson
- 10 years ago
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1 Asset/Liability Management
2 ALM Mission Statement Promote credit union strength through ALM knowledge Vision Statement All credit unions have a firm ALM foundation
3 Cornerstone Credit Union League is the only league with a staff driven ALM department designed to assist credit unions with their ALM needs. We take pride in this unique offering and that ALM is consistently one of the most highly rated League services.
4 ALM world did not change after consolidation due to our long relationship with credit unions in both Arkansas and Oklahoma. 90% of Texas credit unions before consolidation 80% of Cornerstone credit unions after consolidation 36 new users in 2014
5 ALM Staff Deborah Rightmire Vice President Vicki Connerly Financial Analyst Howard Bufe Vice President/OnBalance
6 Dues Supported Services ALM Key Ratio Report (KRR) 3 page analysis provided semi-annually Expert commentary highlights areas of capital, earnings, asset quality, liquidity, and interest rate risk
7 Dues Supported Services Dividend and Reinvestment Guidelines Provides current interest rates in the five largest money center states Offers recommendations for pricing deposits Provides yield curve information to assist with loan pricing
8 Dues Supported Services Loan Pricing Guidelines Provides current interest rate recommendations for pricing consumer loans using a market index Includes a matrix of industry standard FICO scores for use in risk based pricing models
9 Dues Supported Services Peer Group Statistics Semi-annual results for all federally chartered credit unions in the U.S. Compare key ratios with peer credit unions Monitor financial performance
10 Dues Supported Services Expense Analysis Analyzes expense areas compared with peer Provides insight into staffing and compensation levels Includes suggestions for potential corrective actions
11 Dues Supported Services Liquidity Spreadsheet Monitor - Excel driven worksheet identifies historical trends to set acceptable level of liquidity and ensure adherence to policy Manage to meet current liquidity needs Maximize invest excess funds for maximum investment return
12 Dues Supported Services Southwest CUNA Management School ALM staff serve as counselors, instructors, and project evaluators On-site at mid-winter and summer sessions to provide ALM guidance Approximately 30% of annual hours devoted to this educational opportunity
13 Fee Based Services Quarterly Key Ratio Reports 3 page analysis provided quarterly to more closely monitor financial performance Includes commentary highlighting the areas of capital, earnings, asset quality, liquidity, and interest rate risk
14 Fee Based Services ABAJO ALM Software User-friendly software recreates the Key Ratio Report on a monthly basis Guides decision makers in the areas of capital, earnings, asset quality, liquidity, and interest rate risk
15 Fee Based Services ALM and Investment Policy Formulation Develop ALM and Investment Policies for noncomplex credit unions that comply with current regulatory standards Include areas addressing liquidity management, concentration levels, and interest rate risk
16 Fee Based Services Board and Staff Training Management chooses content, timing, and attendees Customized to fit the individual credit union needs Cost-effective opportunity to provide on-site education
17 Fee Based Services Ready Conference Economical opportunity for ALM consultation Perfect for board and staff training Uses: Assist with implementing ALM process Review current Key Ratio Report results Ensure understanding of ALM and Investment Policies
18 Fee Based Services Mentoring Assist those with a desire to learn more about ALM tools and techniques Customized, credit union specific information Relaxed environment paced to fit the needs of the individual
19 Fee Based Services ALM Essentials Workshop Designed for staff, board, and ALCO members wanting to learn more about the fundamentals of ALM Identify goals of ALM Maximize understanding of your Key Ratio Report Address 11 key ratios and industry standards Review expense analysis Discuss Risk Focused Examination Master pricing loans and deposits using market indicators
20 Fee Based Services ALM Implementation Workshop Designed for staff, board, and ALCO members involved in implementing an effective ALM process Understanding interest rate risk Discussing guidelines for an effective ALM Policy Discussing guidelines for an effective Investment Policy Reviewing broker/dealer due diligence Developing a consistent, effective ALCO agenda Monitoring and measuring liquidity
21 Alphabet Soup NCUA National Credit Union Administration NCUSIF National Credit Union Share Insurance Fund PCA Prompt Corrective Action RFE Risk Focused Exam
22 Alphabet Soup ALM Asset/Liability Management Always Loan Money Awfully Long Meeting
23 Deborah Rightmire, Vice President Vicki Connerly, Financial Analyst Asset/Liability Management Cornerstone Credit Union League
11 Ratios Every Credit Union Professional Should Know
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