NEW YORK, NY (June 4, 2014) -- The National Federation of Community Development Credit Unions is pleased to announce the return of the popular Aligning Mission With Marginwebinar series through our partnership with Thompson Consulting and Training (TCT). The Federation hosts this free Summer series to provide credit union managers support in issues critical to the current financial environment. Dr. Randy Thompson, TCT CEO, will present in each of four subject areas:
- Session 1: Expanding Loan Portfolios to Maximize Loan Profitability
- Session 2: Managing Interest Rate Margin to Achieve Profit Objectives
- Session 3: Effective Loan Management
- Session 4: Accurate and Empirical ALLL Placement
This first webinar in the series is on June 18, 2014. Webinars are on the third Wednesday of each month from 2:00 - 3:00 pm EDT. Register today!
- the inherent risks in lending primarily to prime borrowers
- how to accurately price loans for each risk grade to avoid unfair subsidies and assure the additional costs of lending to less-than-prime borrowers is factored into your loan rates
- the importance of using an empirically based, statistically validated pricing model that uses your credit union's unique history and data
- answers to your loan pricing questions
Session Two: Managing Interest Rate Margin to Achieve Profit Objectives
Delve into the profitability challenges facing credit unions and learn the proven methods to overcome these challenges, plus:
- the importance of a comprehensive forecasting and budgeting process
- the profitability potential behind pricing each class of deposits accurately using empirical methods
- how to assure your loan rates and deposit rates are at their most efficient levels
- answers to your interest rate margin questions
Session Three: Effective Loan Management
Understand why regulators are pushing "Credit Migration" models and learn of their benefit to credit unions, plus:
- how the right credit migration models can assist in forming and maintaining effective loan policies and procedures in a timely manner
- the methods behind the best models that are able to accurately identify individually and categorically those loans that are improving or digressing in quality
- how models can be used for predicting problem loans long before they show up on delinquency lists or other predictive reports
- what to look for when comparing credit migration models
- answers to your credit migration modeling questions
Session Four: Accurate and Empirical ALLL Placement
Credit unions of all asset sizes are encouraged to learn about the appropriate ALLL placement and its benefits. In this session learn:
- why so much confusion exists among auditors, managers and examiners on the best models to predict loan portfolio problems and the correct methods to determine the amount that should be set aside to fund a credit union's ALLL
- the advantages in using empirically and statistically based credit migration models to predict loan portfolio problems and to determine what should be set aside in the ALLL
- the answers to all your ALLL placement questions
For more information on this training series contact Jules Epstein-Hebert, Membership Program Assistant, at jhebert@cdcu.coop or call 212-809-1850, ext 211 .