Financial Literacy Part 2: How to Interpret Key Ratios, Risks & Reporting

On-Demand Webinar:
StreamedAug 24, 2021Duration90 minutes
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  • Take-away toolkit
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According to the NCUA, directors have an obligation to understand their credit union’s financial condition.

Newly elected directors have six months after election to become financially literate.* In Part 2 of this two-part series you will gain exposure and learn to understand your credit union’s financial statements, critical ratios, and trends so you can effectively perform your responsibilities.

(*While this regulation applies to federally chartered credit unions, the information presented will benefit state-chartered credit unions as well.)


  • Comprehend key financial literacy components of your CU’s financial condition
  • Understand your credit union’s financial statements and how risks are identified
  • Analyze the key financial statement ratios and trends


Everything a credit union does to serve its members exposes it to some kind of risk. Whether collecting loans, investing excess funds, providing electronic services to members, etc., risk is everywhere. In Part 2 you will gain a further understanding of how these risks can be identified. Understanding of your credit union’s financial statements, key financial ratios, and trends is essential and required for credit union officials in performing their fiduciary role. In this session, you will be exposed to a sample credit union financial statement and will learn how to translate these numbers into key financial ratios and trends to understand the financial performance of your credit union.


This informative session will benefit directors, supervisory/audit committee members, new credit union employees, rising stars, and accounting department personnel.


  • Website links to additional guidance
  • Sample financial statement
  • Sample critical key ratios
  • Cheat sheet of the seven credit union risk categories
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits

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

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