User login

Webinar: Financial Literacy Fundamentals for New Directors: Financial Statements, Key Ratios & How to Monitor Your Credit Union

Event Info

When

August 25th, 2015 2:00 PM   through   3:30 PM


Help spread the word

Please help us and let your friends, colleagues and followers know about our page: Webinar: Financial Literacy Fundamentals for New Directors: Financial Statements, Key Ratios & How to Monitor Your Credit Union


You can also share the below link in an email or on your website.
https://heartlandcua.org/civicrm/event/info?id=864&reset=1
What are the five most important ratios every director should know? Where does capital come from? Is your credit union making enough profit, or is it slowly getting into trouble? If your credit union grows really fast, will that make you stronger or weaker financially? Why is the loan-to-share ratio vitally important for some credit unions but less so for others? Why can’t our credit union have a lot of locations, the best products, the highest-quality service, AND the lowest prices? These are important questions every director needs to know.

This session will cover key concepts, ratios, formats, and trends so you will be able to ask better questions, understand your own financial condition, and recognize financial strengths and weaknesses in your credit union.  

HIGHLIGHTS

  • The five most important ratios every director should know
  • What do regulators look for and why?
  • Why the CAMELs actually matter – and not just from a regulatory standpoint
  • Understanding a spread analysis and return on assets (ROA)
  • The importance of capital
  • Making sense of different business models and how different credit unions make money

TAKE-AWAY TOOLKIT

  • Dashboard to use in monitoring your financial progress
  • Formula sheet for the most important ratios
  • Employee training log
  • Quiz you can administer to measure staff learning and a separate answer key

DON’T MISS THIS RELATED WEBINAR!

Advanced Financial Literacy Update for New & Experienced Directors: 
ALM Primer & New Financial, Accounting & Risk Issues

on Wednesday, October 14, 2015.

Attendance verification for CE credits provided upon request.

WHO SHOULD ATTEND?

This informative session will benefit directors, Supervisory Committee members, other volunteers, CEOs, managers, senior management, and other staff.  Remember, if you are a new director of a federal credit union, you must become financially literate within 6 months of your election as a director.

Please note:  The live webinar option allows you to have one telephone connection for the audio portion and one Internet connection (from a single computer terminal) to view online visuals as the presentation is delivered.  You may have as many people as you like listen from your office speaker phone.

ABOUT THE PRESENTER – Tim Harrington, CPA, TEAM Resources

Tim Harrington is a Certified Public Accountant, author, and consultant who has specialized in working with community financial institutions since 1992.  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.  Tim’s book “Eisenhower on Enlightened Leadership” has been used by many boards and management teams to improve internal leadership.  In addition, he is a faculty member of three financial institution schools and is the author of the popular lending software “Lenders Tax Analyzer.”

THREE REGISTRATION OPTIONS

Note:  All materials are subject to copyright.  Transmission, retransmission, or republishing this webinar to other institutions or those not employed by your financial institution is prohibited.  Print materials may be copied for eligible participants only.

1.  LIVE WEBINAR

The live webinar option allows you to have one telephone connection for the audio portion and one Internet connection (from a single computer terminal) to view online visuals as the presentation is delivered.  You may have as many people as you like listen from your office speaker phone.  Registrants receive a toll-free number and pass code that will allow entrance to the seminar.  The session will be approximately 90 minutes, including question and answer sessions.  Seminar materials, including instructions, PIN number, and handouts will be emailed to you prior to the broadcast.  You will need the most-current version of Adobe Reader available free at www.adobe.com.

Convenient!

Listen to the archived webinar on your

iPad
iPhone
Android

Instructions will be emailed with the archived webinar link.

2.  ARCHIVED WEBINAR & FREE CD ROM*

Can’t attend the live webinar? The archived webinar is a recording of the live event, including audio, visuals, and handouts. We even provide the presenter’s email address so you may ask follow-up questions. Approximately one week prior to the webinar, you will receive an email with the archived webinar link. This webinar link can be viewed anytime 24/7, beginning 6 business days after the webinar and will expire 6 months after the live program date.

As an added bonus, you will also receive a FREE audio/visual CD ROM.* The CD ROM includes the original audio/visual presentation, the question and answer sessions, and the handouts.  Use the archived webinar or this “off-the-shelf” training program for those that could not attend the live seminar and for future training.

The archived webinar (including the free CD ROM) may ONLY be ordered for 6 months following the webinar. Neither will be available after this time.

3.  BOTH LIVE WEBINAR & ARCHIVED WEBINAR (INCLUDES FREE CD ROM*)

Options 1 and 2 described above

AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE

*CD ROM is for Mac and PC use only


This event is being conducted by CU Web Training on behalf of the Missouri Credit Union Association. Click here to register: https://mcua.fed.cuwebtraining.com/store/webinar


 

 

August 25th, 2015 2:00 PM   through   3:30 PM