Your Economy - Your Credit Union

Thursday, June 13, 2019 | Ontario, CA

“Your Economy—Your Credit Union” will equip credit unions for navigating the continued economic expansion of California and Nevada in 2019 – 2020, as well as some unpredictable long-term challenges and opportunities:

‘Growth, Recession, or Slowdown? Your CU’s Strategy for 2020’
Dr. Robert Eyler, board member for Redwood CU and economist at Sonoma State University

  • A recession is coming. Or is it?
  • CU members are employed, running on tax cuts, and still borrowing. So now what?
  • Leading indicators, jobs, wages, housing, inflation, auto sales, consumers, and debt: Are we prepared to slow down?
  • Moving east, north, and everywhere: What California's out-migration patterns mean.z
  • Political tension and state/federal policies: Ramifications for credit unions.
  • Wildfires, natural disasters, tragedies, and rebuilding. How will it play out?
  • Interest rates versus market jitters: The Federal Reserve's posturing and spin.

‘Investments, Loans, Deposits and Direction’
Mark Wert, senior advisor for Catalyst Strategic Solutions (at Catalyst Corporate)
Dale Stover, managing advisor for Raymond James’ Strategic Investment Management Services

  • Balance sheet preparedness: Adapt your strategy to any economic scenario.
  • Will excess funds rise as loan growth slows? The right investment structuring.
  • Deposit competition is heating up. Develop a nimble cost-of-funds perspective.
  • Financial market curveballs now and later: What does it mean for your CU?
  • Leveraging the bond market’s volatility: Respond when markets react to headlines, politics, and the Federal Reserve.

‘Financial Impact of Regulations and CECL in a Late-Cycle Economy’
Sharon Turley, vice president of regulatory advocacy for the California and Nevada Credit Union Leagues
Michael Stinson, president of BankTrends (an Informa Financial Intelligence company)

  • State and federal implications for credit unions: What’s coming?
  • NEW regulators in California, Nevada, and Washington, D.C.
  • Current Expected Credit Loss (CECL): What will the auditors expect?
  • What does CECL “really mean” for your credit union?
  • Practical application/forecasting of net charge-offs and CECL methodologies.
  • Implementation deadline: Are credit unions getting started?

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For more information, contact Leagues Manager of Media Relations Matt Wrye at 909-212-6043 or mattw@ccul.org