Presenter: Tim Harrington, CPA, TEAM Resources Date: Wednesday, September 26, 2012 Time: 2:00 - 3:30 pm Central
Focus: Credit unions and the rest of the financial world are experiencing another seismic shift in the marketplace. The business of making loans and taking deposits has been a money-losing proposition for most credit unions for some time. Fees and other non-interest income account for much of the movement’s profit, and those sources are challenged.
Regulatory changes and market pressures have changed the equation dramatically. Americans are borrowing less and saving more. Credit unions must look at their basic business model and determine what changes (perhaps significant and controversial) will be required to create profit and guarantee survival. Such changes may also stretch the level of sophistication and resources of many credit unions. This webinar will discuss the steps credit unions are making to ensure they have the profit they need.
What You Will Learn
Who Should Sign Up? This informative session will be beneficial for CEOs, managers, directors, and other senior management personnel.
About the Presenter: Tim Harrington is a Certified Public Accountant who specializes in working with community financial institutions. Since 1996, Tim has been President of TEAM Resources, a firm which provides consulting, strategic planning, and training from coast-to-coast.
A presenter at over 1,000 financial conferences, seminars, and webinars, Tim has provided consulting and training for hundreds of community financial institutions in nearly every state and four countries. Tim advises boards and senior management teams on strategy, profitability, and governance and works with staff on leadership and lending. In addition, he is a faculty member of three financial institution schools and is the author of the popular lending software “Lenders Tax Analyzer” and has taught lending personnel how to obtain monthly income from tax returns since 1992.