Training classes provide an understanding of the CU/ALM-ware and CU/BUDGET-ware Systems and reports. These sessions are held from 9 a.m. to 4:00 p.m. and are limited to ten people so strategies can be formulated. These sessions also qualify for Continuing Professional Education (CPE) Credit in most states. If CPE credit is needed contact our office at least six weeks prior to the class of your choice.

A block of overnight rooms has been held for the evening before each training session at the East Lansing Marriott. To make a reservation contact the East Lansing Marriott at (517) 337-4440 or (800) 228-9290. Be sure to request the "Brick & Associates" room block to receive the reduced rate of $114 single/double. The East Lansing Marriott is located 2 miles from our office. Depending upon availability, the East Lansing Marriott will shuttle participants to our office.

Basic CU/ALM-ware Training focuses on:

Data input screens and data entry questions
Behavioral assumptions, such as Rate Sensitivity Factors, lags and prepayments
What is Income Simulation analysis all about?
What is Net Economic Value (NEV) analysis all about?
Basic ALM Policy Guidelines are explained
Market values of assets and liabilities
Historical Key Ratios Program is discussed
Copying in Key Ratios Peer Group Data from www.brickinc.com into CU/ALM-ware
Interpret ALM and Historical Key Ratios Reports
What-If analyses are Performed

Advanced CU/ALM-ware Training focuses on:

Learn how to perform a Contingency Funding Stress Test for liquidity in CU/ALM-ware as suggested in the 2010 Guidance by FFIEC (including NCUA)
Discussion about Brick's Model Concentration Risk Policy and its Appendix A since all Credit Unions are now required to have a Concentration Risk Policy
Learn how your rate-setting behavior affects the projected interest income, dividend expense and your risk profile
Learn about Sensitivity Analysis so you can test how sensitive your interest rate risk results are to your assumptions
Learn why Ramp Testing is a better test than an Immediate shock test for income simulation
Learn how Embedded Options can affect liquidity, risk and projected income as rates change
Lean what determines your Shocked NEV Ratio and what it means
Learn about decay analysis and Non-Maturity Deposits
Determine whether NMD Valuation and Brick's Advanced ALM Policy are appropriate for your CU
Learn how to apply a non-parallel Yield Curve Shift to an ALM analysis
Learn how to explain your Historical Key Ratios to your Board--2010 IRR Advisory by FFIEC required
Board Governance and knowledge about ALM process. NCUA's new Fiduciary Duty Standards require financial literacy of Board members

CU/BUDGET-ware Training

CU/BUDGET-ware training focuses on developing a balance sheet driven budget utilizing various forecasting models that allow for completion of a detailed budget in a short period of time. Once the budget assumptions are entered, the reports are evaluated and refined during the class. Most participants leave the class with a preliminary budget.