Upcoming NASCUS Webinars in Investment Issues for Credit Unions
May 16, 2012 - NASCUS is hosting webinars on May 31 and June 13 on investment hazards and sound investing in today's interest rate environment.
Credit Union Investment Hazards
May 31, 2012
1:00 p.m. Eastern
Join Rob Johnson, Executive Vice President from C. Myers for a webinar on Credit Union Investment Hazards.
As deposits continue to grow and loans are stagnant, credit union investment portfolios are increasing. The challenge in this environment is that cost of funds plus NCUSIF expense is higher than the yields that can be acquired on the investments that most credit unions typically purchase.
This is leading to either lower margins or credit unions reaching for yield; the areas in which credit unions are reaching for yield is introducing new levels of risk. In this webinar we will discuss suitability of investment decisions in relation to a credit union’s overall strategy. This webinar is open to credit unions and examiners.
Sound Investing in Today's Interest Rate Environment
June 13, 2012
1:00 p.m. Eastern
Join Ed Meier, Investment Director Portfolio Manager, Fixed Income from CUNA Mutual Group, for a webinar on Putting the brakes on those who insist on pushing the envelope in today’s interest rate environment.
According to Meier, during this time of low loan growth and rising deposits, we are seeing credit unions move further out the yield curve to add incremental yield. In many cases credit unions are even straying into fixed income sectors which they have limited knowledge but worst of all they lack the analytics to evaluate and monitor the securities.
In this presentation you will be walked through the analysis of an Agency Collateralized Mortgage Obligation (CMO), Investment Grade Corporate Credit and assess relative value in those permissible investment sectors.
Finally this webinar will cover the common pitfalls of investing in several asset sectors when it comes to pricing and analyzing. This webinar is open to credit unions and examiners.