• The participant will learn at least two practices that will help deter fraud
• The participant will be able to identify at least two ways to respond to fraud.

• Become familiar with the proper accounting treatment for several unusual/and or infrequent accounting transactions.
• Learn a few "best practice" ideas for making certain accounting tasks more efficient.

• 1. Successful hedging and interest rate risk management programs
• 2. Unsuccessful hedging and interest rate risk management programs
• 3. Putting it all together

• Obtain contract negotiation best practices
• Identification of how to establish contract negotiation priorities
• Understand which contracts can be delegated and which should not

Auditing is an art. Generally Accepted Auditing Standards (GAAS) sets the standards under which we perform an audit but, complying with those standards can be an art unto itself. Come join us to discuss real life experiences in auditing with two experienced credit union auditors. Discussion points include thoughts on enhancing audit efficiencies while maintaining audit quality and addressing common audit procedures and auditing issues that are more complex. This session is designed to discuss various ways to help practitioners enhance their audit quality, audit efficiencies, and best practices by discussing real life examples from credit union land.

• Discover ways to enhance audit effectiveness
• Best practices in credit union auditing
• See how others audit those pesky audit areas

Its been all about CECL since the initial FASB exposure draft was issued in late 2012. While credit union accounting professionals and practitioners have become well versed in the requirements of CECL, implementation progress and practical experience has been limited for many in the industry. This session will provide perspective and examples from credit union professionals who have made significant progress in the CECL implementation process.

The learning objectives include:

• Understanding how specific credit unions have approached implementation of CECL through examples including data requirements, model selection and initial computation results.
• Understand key assumptions that impact allowance for loan losses funding levels under CECL.

Can you identify your most profitable member relationships?

As credit unions consider entering or expanding their commercial lending programs it is important to accurately understand the contributions from these business relationships.  There are currently $68 billion outstanding commercial loans on credit union books representing a 40% growth since 2014.

On average, only 20% of relationships are creating economic profit, and only 1% of those create most of that value, yet many institutions cannot accurately rank their relationships based on profitability. In a recent survey conducted by Kaufman Hall and FMS, 91% of institutions felt that they should be doing more to leverage profitability in their decision-making processes.  By analyzing and better understanding the drivers of profitability, a credit union can make changes to benefit all members by focusing on retention strategies for highly profitable members and finding ways to improve the profitability of those less profitable members.

Learning Objectives:

Join our session to learn how relationship management can transform your institution. We will discuss:

• Relationship Management: Practical strategies to better manage and analyze member relationships
• Account, Member and Relationship Profitability: Measuring progress toward strategic goals through a more comprehensive look at member contributions to overall profitability
• Relationship Pricing: How understanding relationships and each member’s sphere of influence lets institutions quantify high and low-performing members, allowing relationship managers to make more informed decisions when pricing new business

• Why is blockchain important?
• How does it fit into my digital strategy?

The recent changes in NCUA business lending regulations have opened a world of opportunity for credit unions. At the same time, credit union boards and senior management are now charged with more thorough oversight of the MBL portfolio and operations. This lively session will look at regulatory impacts on governance, policy requirements, internal controls, auditing, portfolio management, and best practices for business loans as well as participations. You’ll walk away with a laundry list of areas that should be addressed to take advantage of and comply with the new NCUA and State Commercial Lending regulations.

• Learn all about the new NCUA and State Commercial Lending Regulations and how they are being implemented
• Learn what state and NCUA examiners are expecting of Credit Unions in this new age of Commercial Lending
• How to use this new regulatory freedom to grow your business lending program and improve your Credit Unions profitability

The US economy’s regained strength is presenting fresh challenges for proactive balance sheet managers. After years of extremely low interest rates following the “great recession”, the landscape has transformed to one of higher short-term rates, a flatter yield curve and rising competition for funding. This presentation will investigate tools and techniques to quantify the risk exposures that inform ALM decision-making. Particular emphasis will be given to developing appropriate share assumption inputs to support interest rate sensitivity measurement for earnings and NEV. The discussion will also address recent regulatory guidance and the renewed emphasis on including scenarios that consider changes in the slope and shape of the yield curve.

• Why ALCO needs both earnings and economic value perspectives in IRR measurement
• Discover the two common errors to modeling non-maturity shares, and steps to take to properly simulate these products
• Discuss processes that can help move IRR results towards actionable business intelligence