Designed by financial institution CFOs for financial institution financial managers, this week-long School goes beyond the basics to present best practices and provide community financial institution financial managers with the tools to build a solid foundation in asset/liability management. Using a computer-based case study, you will gain practical experience in developing and operating an effective financial management process that you can apply directly to your institution. Learn the unique concepts and terminology of bank finance and asset/liability management along with the practical implementation tools to profitably manage a financial institution balance sheet, develop effective strategies and communicate strategies to the board and senior management that insure effective decision-making.

This interactive learning forum uses a mix of lectures, small group discussions, computer simulations, and a case study to enhance the learning experience.

Managing ALCO – Making it Make Sense and Make Money 

• Static vs. Dynamic Interest Rate Risk Measurement
• Value at Risk
• Liquidity Risk

Managing your Cost of Funds in a Rising Rate Environment 

• Developing Pricing Strategies
• Budgeting and Planning
• Capital Planning

Measuring IRR with a Simulation Model 

• Setting Income at Risk Limits
• Static vs. Dynamic Interest at Risk
• Model Assumption Development and Validation
• Issues in Value at Risk Analysis
• Back Testing

Deposit Strategies - Understanding and Growing Core Deposits 

• Determinants of Core Deposit Behavior
• Quantifying Core Deposit Behavior
• Core Deposit Growth Strategy Components
• Successful Core Deposit Deployment Strategies
• Liquidity Optimization

Operating in the New Funding Environment and Liquidity Risk 

• Liquidity Risk and Funds Management
• Regulatory Response
• Effective Funding Alternatives

Deposit Pricing in a Rising Rate Environment 

• Decay and Retention Rates
• Geographic Segmentation
• Stealth Marketing Programs
• Non-Maturity Deposit Rules

Loan Pricing Models 

• Cost-Plus Pricing
• Funds Transfer Pricing
• Loan Benchmarks
• Risk-Based Pricing
• Product Mix Issues

Five Keys for Building a High-Performing Bond Portfolio 

• Bond Refresher
• Bond Portfolio Design
• Pre-Purchase Tools
• Investment Strategies
• Investment Policy
• Yield Curves and Total Return
• Tax Swaps

 Tentative Program Agenda

SUNDAY, Arrival Day

Registration: (2:00 - 4:00 p.m.)
Orientation, Program & Case Study Introduction: (4:00 – 5:30 p.m.)
Welcome Reception & Dinner: (5:30 – 8:00 p.m.)

MONDAY (Day 1)

Breakfast: Fluno Center Executive Dining Room (7:00 - 8:00 a.m.)

Morning Session: (8:00 - 11:30 a.m.)

Lunch: Fluno Center Executive Dining Room (11:30 a.m. - 12:30 p.m.)

Afternoon Session: (12:30 - 4:00 p.m.)

Dinner: Fluno Center Executive Dining Room (5:30 - 6:30 p.m.)

Case Study - Evening Session: (6:30 - 9:00 p.m.)

TUESDAY (Day 2)

Breakfast: Fluno Center Executive Dining Room (7:00 - 8:00 a.m.)

Morning Session: (8:00 - 11:30 a.m.)

Lunch: Fluno Center Executive Dining Room (11:30 a.m. - 12:30 p.m.)

Afternoon Session: (12:30 - 4:00 p.m.)

Dinner: On Your Own

WEDNESDAY (Day 3)

Breakfast: Fluno Center Executive Dining Room (7:00 - 8:00 a.m.)

Morning Session: (8:00 - 11:30 a.m.)

Lunch: Fluno Center Executive Dining Room (11:30 a.m. - 12:30 p.m.)

Afternoon Session: (12:30 - 4:00 p.m.)

Dinner: Fluno Center Executive Dining Room (5:30 - 6:30 p.m.)

Case Study - Evening Session: (6:30 - 9:00 p.m.)

THURSDAY (Day 4)

Breakfast: Fluno Center Executive Dining Room (7:00 - 8:00 a.m.)

Morning Session: (8:00 - 11:30 a.m.)

Lunch: Fluno Center Executive Dining Room (11:30 a.m. - 12:30 p.m.)

Afternoon Session: (12:30 - 4:00 p.m.)

Dinner: On Your Own

FRIDAY (Day 5)

Breakfast: Fluno Center Executive Dining Room (7:00 - 8:00 a.m.)

Morning Session: (8:00 a.m. -12:00 p.m.)

Adjourn by noon on Friday 

CFOs and others in senior management actively involved in the financial management responsibilities of small- to medium-sized financial institutions. Financial managers who have day-to-day experience with asset/liability management, investments, budgeting and reporting activities will benefit from this in-depth peer and process immersion in asset/liability management.

Earn up to 39 hours of CPE credit.

FMS is registered with the National Association of State Boards of Accountancy as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses. Complaints regarding sponsors may be addressed to: The National Registry of CPE Sponsors, 150 Fourth Avenue, North, Suite 700, Nashville, TN 37219-2417. Web: www.nasba.org.

• Level: Intermediate to Advanced
• Prerequisite: Financial manager actively involved in the financial responsibilities of a small- to medium- sized financial institution
• Advanced Preparation: Pre-reading assignments
• Field of Study: Finance
• Instructional Method: Live-Group

For more information regarding administrative policies such as complaints or refunds, call 800-ASK-4FMS (800-275-4367).

Fluno Center for Executive Education at the University of Wisconsin-Madison
601 University Ave.
Madison, WI 53715-1035

A room reservation will be made on your behalf when your application is received.

The new Fluno Center for Executive Education on the beautiful lakeside University of Wisconsin-Madison campus. It combines state-of-the-art professional education technology with the ambiance of a comfortable, relaxed, executive-style hotel. Each executive residence room includes an L-shaped desk, web-based terminal with internet access, queen-sized bed, whirlpool bath, cable TV, and direct-dial telephone with voicemail.
Additional guest services include:

• Full-service buffet dining in the Executive Dining Room
• Study pub with billiards
• Light-fare and full service bar
• Fitness facility
• Business center
• Underground parking
• Airport shuttle
• Valet laundry service

Tom Farin is the Program Coordinator for the Financial Managers School. He is a widely known banking industry lecturer and consultant and proactively pursued the development of this new School. He has delivered national educational programs for the American Bankers Association and the Credit Union National Association and serves on the faculty of the Graduate School of Banking at Wisconsin and the CUNA Management School in Madison, WI. Tom has also been a featured speaker at a number of regional programs sponsored by state and regional trade associations. He is the author of three separate books on financial institution asset/liability management, as well as a popular asset/liability newsletter.

Jeff Goble is a member of UMB Bank's Funds Management Committee and also serves on the Management Committee of the Investment Banking Division. Jeff authored the bond portfolio management section of the ABA's publication, Toolbox For The Future, and writes a bimonthly investment advice column for Bank News Magazine. Jeff is a frequent speaker at numerous national, regional, and state banking association programs and currently serves on the faculty and Academic Committee for the Graduate School of Banking at the University of Wisconsin-Madison.

Dave Koch is a frequent speaker on interest-rate risk management and works closely with financial institution executives to help find creative solutions to their challenges. Prior to joining Farin & Associates he worked with a mid-western consulting firm, assisting financial institutions in the development of asset/liability procedures, policies and measurement systems. Dave has over 15 years of experience in the financial services industry and currently serves on the faculty for the Graduate School of Banking at the University of Wisconsin-Madison.

Karl Nelson is the President and CEO of KPN Consulting, an organization engaged in the ALCO, Funding, and Liquidity arena. His career has included positions as Director of Industry and Governmental Relations with Silverton Bank, President and Chief Marketing Officer of Institutional Deposits Corp (SR), and National Market Development Director for Promontory Interfinancial Network where he worked on national marketing strategies for the CDARS program.

The program fee for the Financial Managers School includes: 

• Classroom instruction by industry experts
• Instructional materials and resources
• Case study computer simulation model with tech support
• Meals (including full breakfasts, lunches, and 3 dinners)
• Welcome reception
• Five nights lodging (single occupancy hotel room) at the Fluno Center for Executive Education
• $350 non-refundable registration fee.

Request more information or call 1-800-275-4367. Limited to 50 attendees.