ALM First Financial Advisors to host webinar to discuss final derivatives ruling

DALLAS, TX (February 10, 2014)To help credit unions better understand the NCUA’s final ruling on derivatives, ALM First Financial Advisors is hosting a live webinar on the new regulation. The free event is scheduled Thursday, Feb. 20, at 10:30 a.m. CST, and is open to any credit union.

Partner Emily Hollis, CFA, an expert in asset liability management, will lead the one-hour session, which will focus on how to enhance investment programs under the rule. The webinar will also include a Q&A session.

“Derivatives can serve as a valuable tool for some credit unions, offsetting the interest rate risk that is inherent in today’s financial environment,” said Hollis. “When used properly, derivatives allow eligible credit unions to compete more effectively, but their restrictions and guidelines must be understood and followed.”

ALM First is currently the only organization that has approved derivative credit union clients. The ruling limits derivative use to federally regulated credit unions with assets over $250 million, a CAMEL rating of 1, 2 or 3, and a management rating of 1 or 2.

Under the new rule, interest rate swaps, purchased interest rate caps, purchased interest rate floors and Treasury note futures are permitted.

“Derivatives authority is beneficial to the credit union industry, but using them effectively requires education and preparation,” said Hollis. “This webinar will examine how credit unions can operate under the ruling and underscore its guidelines.”

To register, visit  or call 800.752-4628. 

About ALM First
ALM First Financial Advisors, LLC is a leading, trusted strategic partner for financial advisory services. With more than $18 billion of investments under management, ALM First is an SEC-registered investment advisor, acting as an unbiased third party, offering commission-free, fee-based services to over 175 financial institutions across the country.  Since 1995, financial institutions have relied on our industry expertise in formulating strategies to manage risk and enhance return to help them manage their balance sheets and investment portfolios. For more information, call (800) 752-4628, or visit

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