The CU/ALM-ware System is a robust ALM tool used by hundreds of CUs nationwide to monitor and control interest rate risk. We provide extensive ALM Consulting services to credit unions ranging from $3 million to $7 billion in assets. Since 1987, we have consulted CUs on most areas of financial management and provided credit union-specific strategies. Our ALM Consulting includes conference calls, Target Rate Structures & economic commentary, ALM memos, research papers, peer group data, economic graphs, analysis of products and services, ideas for What-Ifs or sensitivity analyses, and policy updates.
We have trained hundreds of Boards and ALCOs over many years. Our interactive 2-hour CU-specific ALM training via live video provides your team with the ALM knowledge specific to the CU’s Interest Rate Risk, liquidity and performance for oversight and governance. Learn how to interpret your ALM position and risk, investment strategies, peer group performance, contingency funding stress testing and more.
An ALM Outsourcing relationship is a turn-key process in which we produce the ALM reports, Liquidity Stress Tests, Key Ratios, and required What-If analyses. This is augmented by consulting, strategies, and policy development so you can focus on serving your members. Flexible arrangements are designed to meet your needs and regulatory requirements.
The two most common means of an ALM validation are a second opinion analysis and an independent review. We provide both of these services. (Backtesting is another validation approach but this is usually conducted in-house.)
CU/ALM-ware users and ALM Outsourcing clients receive our Suite of seven Model Policies along with policy updates to meet regulatory requirements and best practices. Our Policies can be easily tailored. (Non-clients may purchase our Suite of Policies.) In addition, our analytical models and research papers are also available to clients.
CU/BUDGET-ware is a Budgeting & multi-year Strategic Planning Solution that helps management and the Board chart their course. In addition to developing a strategic plan, the multi-year component can be used for a charter expansion, capital restoration plan, and a merger evaluation.
The CU/ALM-ware System® and reports are used to measure and monitor interest rate risk and financial performance. The System includes NEV analysis, the NCUA’s new NEV Supervisory Test, 5-year income simulation, liquidity and cash flow projections, Contingency Funding Stress Testing, Historical Key Ratios with peer group data and important tools to assess loan, investment and liability strategies prior to implementation. Ramp testing, immediate shock tests, yield curve shifts provide robust analytics and interesting What-If capabilities.
The CU/BUDGET-ware® System and Reports are used to develop a comprehensive balance-sheet driven budget and a 2- to 5-year Strategic Plan with variance reports, diagnostic reports, and Summary Executive Board Reports. CU/BUDGET-ware can be integrated with CU/ALM-ware for a complete forecasting package.
FOMC Meetings, Software Training & Strategic Conference Calendar
Have questions or want to set up CU-specific video training?
Talk to a Brick & Associates representative to find out more.
Investment Advisory Program for Credit Unions
sponsored by Brick Capital Management, Inc.
Brick Capital Management, Inc. (BCM) is a federally registered investment advisor offering a fixed-fee, low-cost Investment Advisory Program for Credit Unions.
“We are deluged with economic data every day. What is often missing is the “so what?” The Brick & Associates conferences provide us with this very important missing piece. An equally valuable benefit for us from attending this annual conference is it prepares our volunteers to ask better questions. The level of discussion, and debate, at our ALCO meetings has been significantly elevated because of these conferences. If budgetary constraints require you to cut back on conference attendance, I would suggest that this is one you keep on the “must go to” list.”
– John Young, President/CEO of New Hampshire FCU in Concord, NH
“I just wanted to extend my thanks for a great Board/ALCO Training Session. The Board commented on how well the information was presented and how easy it was to understand and follow along. I can tell you that the Board was completely engaged for the entire two hours! Your analysis was so timely given the ALM challenges we are facing. You’ve provided a fresh prospective and I fully believe it will make my job so much easier as we continue these discussions.”
-Dana Taglianetti- VP/Controller of Rhode Island CU in Providence, RI
“I heard many comments from other credit unions that this year’s conference carried messages that directly addressed what they were experiencing in this shrinking margin and pressured liquidity environment. Our experience is no different. I came home with fresh ideas to attack the problem instead of crouching in a corner and waiting for it to blow over. The Brick Conference always delivers a shot-in-the-arm that gives me my yearly booster that I always seem to need. Tough times require tough decisions and if we’re not all on the same page strategically, then unnecessary board and management friction could eat away at the organization.”
-Brian Barkdull, CEO of American Southwest CU in Sierra Vista, AZ