CU/BUDGET-ware, 4-Hour Basic ALM, and 4-Hour Advanced ALM Training Sessions

4 Hour Basic and 4 Hour Advanced ALM Training Sessions

Wednesday, June 21st, 2017 at ARIA Resort & Casino, Las Vegas, NV
Wednesday, October 18th, 2017 at Mohegan Sun Resort & Casino in Uncasville, CT
4 CPE Credits Available for each Training Session

CU/BUDGET-ware, 4 Hour Basic ALM, and 4 Hour Advanced ALM Training Sessions

CU/BUDGET-ware offered Tuesday, July 18th, 2017 and ALM Training offered Wednesday, July 19th, 2017 at Marriot Hotel, East Lansing, MI
CU/BUDGET-ware offered Tuesday, September 19th, 2017 and ALM Training offered Wednesday, September 20th, 2017 at Marriot Hotel, East Lansing, MI

2017 BASIC ALM Training Topics

Time: 9:00AM – 1:00PM

  • Review of ALM data inputs screens & questions answered
  • RSFs, lags, prepayments, reinvestment rates & discount rates will be discussed
  • What are Income Simulation & NEV analysis all about?
  • What are the effects of valuing NMS at par?
  • Contingency Funding Stress Testing
  • BASIC ALM/IRR Policy & IRR guidelines reviewed
  • Market values of assets & liabilities are discussed
  • Interpret Ratios & ALM Reports without NMS valuation
  • What-If analyses are demonstrated and discussed

2017 Budget Training Topics

Time: 2PM – 6PM EST

  • Review of Budget data inputs
  • Develop and/or refine a balance sheet driven budget
  • Discuss forecasting models available and budget assumptions
  • Interpret Budget Reports

2017 ADVANCED ALM Training Topics

Time: 2:00PM – 6:00PM

  • NCUA’s NEV Supervisory Test & Risk Thresholds
  • Contingency Funding Stress Testing & What-Ifs
  • Behavioral aspects of ALM
  • Embedded options affect liquidity, IRR & earnings
  • Building in a “margin of safety” in non-maturity share assumptions
  • What assumptions affect premiums on NMS and NEV?
  • ADVANCED ALM/IRR Policy & IRR guidelines reviewed
  • Yield Curve Shifts in ALM analyses
  • Sensitivity analyses show how sensitive IRR is to assumptions
  • Backtesting procedures will be discussed as a form of ALM Validation
  • Interpret ALM Reports with NMS valuation
  • Brick’s Concentration Risk Policy & Appendix A Reporting Document

Participants will be required to bring to class certain ALM reports and parameters which will be listed in the confirmation letter. Reports must be produced in Version 10.2 or later. No printers or computers will be used at these 4-Hour Training classes. Information regarding the overnight room rate for our blocks at ARIA and the Mohegan Sun is available at under Education and Annual Strategic Conferences since these classes are conveniently scheduled the day before the June and October Conferences.