Photos: CUNA CFO Council Conference Underway
Conference draws nearly 500 attendees to Las Vegas.
In today’s ultra-competitive landscape, CUs can no longer afford to manage their investment portfolios as merely sources of liquidity, said John Caladim, managing director, financial institutions group, for Brean Capital.
Bill Kennedy, CFO of Department of the Interior FCU, Washington, D.C., and a member of the CUNA CFO Council Executive Committee, accepted a Top Performance Award for the CU's high return to members. Presenting the award is Jeanne Sheahan, director of research services for CUNA. Read more about the awards.
Interest-rate risk is a growing concern for CUs, said Howard Benz, managing director for Raymond James.
If you constantly strive for perfection, you might achieve excellence along the way, business performance expert and former Blue Angels pilot John Foley said Monday. Read more about Foley's presentation.
CUNA CFO Council Executive Committee member Bill Kennedy (center) talks shop with some vendor/partners during Sunday night’s opening reception.
Too many CUs adopt “delay and pray” accounting by waiting too long to write off bad loans and investments, said Brian Smith-Vandergriff, managing director for CNBS and a CU director.
“This doesn’t serve members well,” he said. “CUs need to recognize their losses and move forward.”
Strategy consultant Evan Berrett helped CFOs nurture their strategic acumen during a preconference session at the 2014 CUNA CFO Council Conference in Las Vegas.
NCUA Deputy Director Tim Segerson examined some of the top regulatory topics facing CUs.
CUNA CFO Council Chair David D'Annunzio (right) and Chad McKeithen, managing director, depository strategies, for Duncan-Williams, enjoyed the first-time attendee reception Sunday evening.
“Is your birthday in September?”
That was a common question during the first-time attendees reception Sunday. Attendees including Benjamin Teske, America’s First FCU (left), and Randy Icelow, Central State CU, participated in an information scavenger hunt for fun and prizes.
Grace Webster (left) and Alicia Kortus shared key information during an ice-breaker event at the first-time attendees reception.
James Marshall of The Cooperative Trust (left) and John Meeker, CalTech Employees FCU, shared stories Sunday night.
Cooperative solutions are best for everybody, conference attendees agreed during the opening reception Sunday night.