Corporate Central Credit Union's 300 members will be providedwith a free webinar Monday, June 18 to explore the changes inpolicy, approach, and assumptions that credit unions must undertaketo meet new NCUA interest rate risk rules. The webinar, which will start at 2p.m. Central Time, will be offered by the Fitchburg, Wis.-basedFarin & Associates.

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“Having the appropriate tools for this important managementprocess is critical,” said Robert W. Fouch, president/ CEO of the$2.4 billion corporate. “FARIN has been an exceptional partner toCorporate Central over the past five years and we are very pleasedto have expanded our partnership with them.”

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Beginning September 30, the NCUA will require all federallyinsured credit unions to develop and adopt a written policy oninterest rate risk management and a program to effectivelyimplement that policy as part of their Asset Liability Managementresponsibilities.

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In response, the Muskego, Wis.-based Corporate Central expandedits partnership with FARIN to provide additional services. Inaddition to assistance with the development of interest rate riskmanagement policies, Corporate Central members will have access toin-house ALM models and outsourced ALM model options, non-maturitycore deposit analysis, loan / relationship profitability models,loan and deposit pricing services, educational webinars andseminars and consulting Services.

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