Presenter: Gary J. Young, Young & Associates, Inc. Date: Tuesday, June 5, 2012 Time: 2:00 - 3:30 pm Central
Focus: New NCUA rules for interest-rate risk (IRR) will become effective September 30, 2012. The purpose of this webinar is to cover the details of the new rules, and more importantly, provide a methodology for implementation. Management and the board of directors will learn the necessary information to oversee all the regulatory requirements for an effective asset liability management (ALM) program. The new regulation, asset/liability theory including measurement, ratios, and normal risk parameters will be addressed. In addition, this session will also explain the practical implementation of these theories in an understandable manner that will improve your interest-rate risk and profitability.
Please Note: The rule applies to all federally-insured credit unions with assets of more than $50 million. Those institutions with assets of between $10 million and $50 million must comply if the total of first mortgage loans they hold, combined with total investments with maturities greater than five years, is greater than 100% of their net worth.
What You Will Learn
Who Should Sign Up? This program is best suited for senior management and members of the board of directors.
About the Presenter: Gary J. Young is Chief Executive Officer of Young & Associates, Inc. During 33 years in consulting and 44 years in the industry, he has assisted hundreds of financial institutions from coast-to-coast with improving shareholder value and profit, establishing effective strategic plans, management assessments, regulatory concerns, budgeting, asset/liability management, expansion planning, and mergers and acquisitions.
Gary is a popular speaker due to his practical and valuable insight and has conducted seminars throughout the United States and in Europe. Gary is on the board of a community bank, manages a bank investment fund, and is a co-founder of Capital Market Securities, Inc., which assists with mergers and acquisitions.