MADISON, Wis. (11/5/12)--CUNA CU Finance for Non-Financial Managers & Volunteers School will be held April 21-24, 2013 in New Orleans, the Credit Union National Association announced (CUNA).
The school provides a foundational financial curriculum tailored to the responsibilities of credit union non-financial managers and volunteers.
The curriculum is designed to provide attendees with the capacity to better protect the finances of their credit union and its members and to cultivate productive financial communication between financial and non-financial managers, CUNA said.
The essential credit union finance topics that comprise the school's general curriculum include:
- Financial Statements 101--interpreting a credit union's financial condition;
- In-depth financial analyses of several credit unions;
- Credit union ratios--what they mean and the importance they hold;
- Capital management;
- The impact of rates, risk and returns; and
- What asset-liability is and its importance to the credit union's financial health.
Upon successfully completing the optional on-site exam, attendees will earn their CUNA Board Financial Literacy Certificate, fulfilling the National Credit Union Administration requirement that credit union board members possess a proven level of financial literacy.