X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DALLAS — Despite investment losses and budget cuts within the corporate system, Southwest Corporate Federal Credit Union is instead expanding its 2009 training schedule. New courses will include Webinars on new international ACH regulations, risk mitigation strategies and the use of asset-liability management in budgeting and planning.“Credit unions are becoming more involved in ALM out of necessity,” said Mark DeBrees, manager of ALM analysis. “We will continue to offer ALM basic training in 2009 with a class on understanding ALM reports, but credit unions have told us they want to know more about ALM strategies.”Effective Sept. 19, 2009, new NACHA operating rules will impose additional responsibilities on credit unions for screening international ACH payments. Because of the complexity of the new requirements and the penalties from the Office for Foreign Assets Control for noncompliance, Southwest Corporate will devote two Webinars exclusively to this topic, with the first scheduled for Jan. 22.Sessions covering ALM strategies are scheduled to begin later in the year, with ALM budgeting training scheduled closer to budget time on Sept. 24.In 2008, Southwest Corporate conducted almost 740 seminars, workshops and online training sessions, with total attendance topping 3,500.To review the 2009 training schedule or register for any session, visit Southwest Corporate’s Web site (www.swcorp.org), call 800-442-5763 or email [email protected][email protected]

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.