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Directors: Understand Your Credit Union’s Financial Condition with Key Ratios, Balances & Estimates

Date: August 27, 2013

Time: 3:00pm - 4:30pm

Location: Webinar


Few directors are financial experts, yet directors are expected to monitor and understand the financial condition of an institution with millions (or even billions) of somebody else’s money. Directors don’t need to become financial experts, but should know enough to recognize whether the credit union is strong and stable, or weak and troubled, before anyone else tells them.

This session will help every director understand the key numbers and ratios to monitor the credit union’s financial success. It will address capital (the critical measure of stability), explain why it is vital, where it comes from, and how much you need. The essential formula of profitability and a breakdown of the five profitability components will be covered.

Finally, this program will look at how varied business models result in ratios that may be very different from the peers or averages that are so commonly used. You will better understand how to monitor whether your credit union is on track, improving, or weakening.

Continuing Education: Attendance verification for CE credits upon request


    • The importance of capital – what it is, where it comes from, how much is enough
    • The 5 components of profitability and how to monitor them
    • Making sense of the allowance for loan and lease loss (ALLL) estimate and how it is funded
    • How varied business models produce markedly different ratios and measurements
    • See a dashboard credit unions can use monthly to track their financial condition
    • Sample directors’ financial literacy policy
    • A TEAM Resources financial dashboard
    • Electronic training log
    • Quiz you can administer to measure staff learning and a separate answer key


This program is the first of two in a series.  Watch for
Directors & Financial Literacy Session 2:
Monitoring & Measuring the 9 Risks Your Credit Union Faces
on Tuesday, September 17, 2013


This informative session will be beneficial for directors, Supervisory Committee members, other volunteers, volunteers in training, CEOs, managers, and senior management