The low rate environment coupled with “the pressure we get oncompliance and earnings” is fostering heightened attention toproduct profitability, a topic now heading the agenda for thesemi-annual meeting of the New England Financial Executives Councilon Sept. 30.
|Council Chairman Brian Therrien said the council conferenceslated for a hotel in Portsmouth, N.H., will feature discussion, inpart, on “advanced analytical methodologies” and on using averagesto estimate product costs and to improve performance.
|Therrien, who also is chief financial officer of the $164million Holy Rosary CU in Rochester, N.H., said the Portsmouthsession comes at a critical time for CFOs seeking new ways to getover earnings and compliance hurdles as the economy continues tostruggle.
|The lead speaker is Michael J. Kohl, president of a Scottsdale,Ariz. consulting firm aiding CUs on management and profitabilityconcerns. The New England Financial Executives Council, madeup of CFOs from New Hampshire, Maine and Vermont, also met earlierthis year with enterprise risk heading the topic list.
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