Foundation Launches ALM Modeling Assistance Offer; Training, Fee Reductions & Guidance Included

The Foundation has announced a new program to assist credit unions with assets of $100 million or less.

The Foundation has established a comprehensive approach to assist emerging credit unions in Asset Liability Management (ALM) Modeling compliance requirements.

The new program offers:

  • Grant funding to pay up to 75% of the cost of ALM training from any training provider
  • Reduced pricing has been negotiated with two ALM modeling service providers: ATON, and Total-ALM
  • Pro bono one-on-one assistance from the Foundation’s Roycroft Masters, a group of experienced credit union professionals no longer involved in day-to-day operations

Details on the training grant component.

Links to the Roycroft Masters engagement application as well as the ATON and Total-ALM preferred pricing.

“ALM Modeling Compliance has become a major focus in NCUA examinations,” said Foundation Director Jo Ann Talbot, who originally envisioned and proposed the program. “The Foundation Board and the Roycroft Masters feel that this new offering presents another way for us to serve our local small credit unions.”