Though credit unions are understandably proud of their unique "People Helping People" philosophy, we also understand the need to effectively monitor and manage our financial condition. With your League's Financial Management training sessions, you'll get a detailed explanation the sometimes confusing numbers and terms that represent the "business" end of the work we do.
Basic Product Costing Theory
This session provides an understanding of the importance of pricing decisions. It discusses how price impacts building, maintaining, and expanding member relationships and ultimately, how pricing impacts the financial condition of the credit union.
Budgeting
This session covers the fundamentals of budgeting from theory to implementation. It discusses the importance of budgeting, as well as assisting credit unions in completing their budget.
E-Scan Topics
This program details the Top 10 Environmental Scan highlights from CUNA. It is a general overview of the anticipated trends in the credit union industry and the potential impact they may have on your credit union.
Guide to Asset-Liability Management
This session provides a guide to understanding the intricacies of asset-liability management. It also delivers guidance in developing policies, assessing interest-rate risk and tracking credit union financial performance. This session can be customized specifically to meet your credit union’s needs.
Understanding Financial Reports
Everyone in your credit union should understand the financial objectives of the organization and the methods necessary to achieve those objectives. This session explains basic asset/liability management, income statements, and other financial reports.