CUNA CU Finance for Non-Financial Managers & Volunteers School is tailored specifically for credit union managers and volunteers wishing to set a broad foundation on the essentials of credit union finance.  From accounting 101 to complex asset-liability strategies, attendees will gain a working knowledge of their credit union’s financials and become a better asset to their credit union members.  The annual program attracts managers and directors with a wide range of professional backgrounds and experience levels.

By attending this school and successfully completing the on-site exam, directors will earn their CUNA Board Financial Literacy Certificate, which ensures compliance with the NCUA requirement of board members to prove their financial literacy.  In addition, by completing the optional exam, board members and volunteers attending the school will also earn six credits toward the Certified Credit Union Volunteer (CCUV) designation.

Attendees will hear from Tim Harrington, CPA and president of T.E.A.M. Resources, on the following topics:

• The basics of finance and how it affects your credit union
• The benefits of a balanced budget
• How to read financial statements and analyze the nuances between the numbers
• The relationship between risk and interest rates
• What asset-liability is and why it is important to your credit union
• And more

“We are excited to see so many of our credit union board professionals and volunteers at this program every year,” said Kevin Smith, Director of Volunteer Education at CUNA.  “The basic financial information shared at this school is vital for every credit union employee to perform their job duties effectively.  It’s great to see so many people within the movement actively educating themselves and making the credit union movement more connected and stronger as a whole.”

For more information about the CUNA CU Finance for Non-Financial Managers & Volunteers School and to register, visit training.cuna.org/cuf.