Jun 10

Financial Literacy Fundamentals for New Directors: Financial Statements, Key Ratios & How to Monitor Your Credit Union

Registration Options & Pricing

Please select your membership status.

Recorded Webinar Includes

  • Recording of the Live Webinar
  • Available 6 business days following Live date
  • Handout and Take-Away Toolkit
  • Available on Desktop, Mobile & Tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your credit union
  • Presenter’s contact info for follow-up

9:00 am – 10:30 am HST
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET

How’s your credit union doing? As a board member, you have an obligation to know and understand how your credit union performs financially. In today’s demanding environment, it is not enough to come to meetings and trust that other board members understand the financial statements and ratios; or that if something is amiss, the CEO will let you know. According to NCUA Reg. 701.4, each director, regardless of background, has an obligation to understand the credit union’s financial condition. Newly elected directors have six months after election to become financially literate. (While this regulation applies to federally-chartered credit unions, the information presented will benefit state-chartered credit unions as well.)

This webinar will look at important ratios every CU should have on their dashboard. Attending this webinar will ensure you know what capital is, where it comes from, and how much is needed. A spread analysis will demonstrate how your CU is making its profit, whether it is improving or declining, and why. Join us to gain a better understanding of how to monitor whether your credit union is on track, improving, or weakening.

Attendance certificate provided to self-report CE credits.


  • Capital: what it is, where it comes from, and how much you need
  • How much profit your not-for-profit credit union actually needs
  • Five puzzle pieces of profitability and how to monitor them
  • Why your business model can affect what results to expect
  • Learn what is more useful than peer comparisons to determine if your credit union is succeeding

    • Each participant will get a free copy of TEAM Resources’ “Board DashBoard”
    • Employee training log
    • NEW – Interactive quiz


"Advanced Financial Literacy Update for New & Experienced Directors:
ALM Primer & Financial Accounting & Risk Issues"

Tuesday, August 13, 2019


This informative session is designed for all levels of volunteers and staff. It is appropriate for directors, supervisory committee members, CEOs, senior staff, mid-level personnel, and frontline staff.


NOTE:  All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.


TEAM Resources
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