The Charles River CFO Call Series Wednesday, September 11, 11:00 - 11:50 AM EST
Join us for an in-depth and enlightening webinar explicitly designed for senior executives and leaders in the credit union sector. We will delve into three critical challenges credit unions face today and explore effective mitigation strategies.
Funding Growth: We all know growth is required for success. The costs of people and technology are only going in one direction. Revenue growth is the best alternative, but how do we find the funding in the hyper-competitive environment we are dealing with today? How do you plan for a more diversified, and innovative funding strategy?
Preparing for Rapid Change: So, you think we have seen it all in the last three years? Maybe. Maybe not. It's the planning season. Has your planning process incorporated the potential for rapid change? How many different potential scenarios are you talking about and modeling? What are the triggers that will signify the need to divert from the plan faster than your competitors?
Team Development and Retention: Everyone knows this is an issue. While credit unions are certainly a great place to be, they are still relatively small industries in an increasingly difficult staffing environment. How does your culture and pay scale opportunity match up with the other opportunities just in the credit union and, yes, the banking world? How can you use alternative staffing models for added flexibility?
PANELISTS:
Dorcas Riley, CPA, Practice Leader Community Bank and Credit Unions Dorcas is an experienced Financial Executive with a proven track record driving efficiencies in financial reporting and business operations. She is fluent in preparing pro forma business case analysis and skilled at leading high-performance teams to achieve goals. Dorcas also has expertise in financial reporting for large corporations, community banks, small businesses, and non-profit organizations.
Tim Smith, CPA, Client Service CFO
Tim is an experienced CFO with strong credit union experience. He is a qualified leader with expertise in developing and continuously improving the member experience, managing risk, advancing technology, investing in team and culture development, and providing value to our community and industry.
Our 2024 "CFO Call" Series is a quarterly, topical conversation with Charles River CFO. Join us for a quick presentation on significant issues impacting your business. Be part of the conversation. Ask questions and get answers that are important to you. One CPE credit will be provided.
