Registration is still available for NCUA’s free webinar on liquidity risk management, scheduled for 2 p.m. Eastern today.
NCUA staff will outline the importance of having a strong liquidity management framework due to the growing levels of liquidity stress over the last few quarters. They will also discuss the agency’s Jan. 17 advisory issued to credit unions, which includes the following key principles:
- Managing and forecasting cash flows;
- Controlling asset composition;
- Structuring liabilities to be congruent with asset growth;
- Developing governance and monitoring structures; and
- Maintaining diversified liquidity sources.
NCUA’s Liquidity Risk Resources page contains more details on these risks.
The NCUA has also scheduled an April 11 webinar on how credit unions can help build financial capability.
