Credit Union Exam Solutions Presents With Flying Colors ALCO In Practice: Essential Reports Analysis & Risk Management
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Jul 17, 2025 Join Todd Miller, a seasoned credit union expert with a rich background in capital market supervision, as he delves into the essentials of ALCO reporting. Discover the importance of tailored reports for effective business planning and performance measurement. Miller emphasizes the vital role of cohesive risk management strategies and transparent communication during NCUA examinations. He shares insights on navigating decision-making amidst regulatory pressures and highlights the significance of customized training to foster a positive corporate culture.
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Include Economic Data in ALCO Reports
- Include basic economic data in your ALCO reports to understand national and local economic trends.
- This helps the committee make informed decisions about lending, investment, and deposit strategies based on the economic environment.
Use Consolidated Dashboards
- Use consolidated dashboards to track key performance and risk indicators in one place.
- Centralized reports improve transparency and help the committee respond to budget variances and risk levels effectively.
One Version of Truth for Reports
- Establish one version of truth for cash flow forecasts and ALM reports, outlined in policy.
- Avoid relying on multiple conflicting reports from different vendors to ensure consistent decision-making.