Webinar: Meeting the Requirements for Capital Adequacy & Contingency
Capital adequacy requirements are changing, with a new emphasis on the responsibility of the board and senior management to determine capital adequacy based on the specific risk to their credit union. This is increasingly requested in examinations, and credit unions that proactively conduct capital stress tests have received positive feedback. After capital is stressed, a credit union should prepare a capital contingency plan to consider options for improving capital if the stress event occurs. It is always better to consider these options prior to the event (proactive) as opposed to after the event (reactive). This webinar will provide an easy-to-follow methodology for completing the stress test, as well as the components of a capital contingency plan and options for raising capital.
About This Session:
This webinar will also cover the following topics:
- Guidelines for determining capital adequacy based on risk
- Perils to avoid in determining capital adequacy
- How capital changes impact strategic planning
- How regulators view differing levels of capital
- Pros and cons of capital-raising methods based on current successes and/or failures
- TAKEAWAY TOOLKIT with sample methodologies and examples of capital-raising alternatives
Who Should Participate:
Presidents/CEOs, CFOs, chief lending officers and board members
About the Presenter:
Gary J. Young, CEO, Young & Associates, Inc.
Gary J. Young the CEO of Young & Associates, Inc. During 30 years in consulting and 42 years in the industry, he has assisted hundreds of financial institutions nationwide with improving shareholder value and profit, establishing effective strategic plans, regulatory concerns, budgeting, asset/liability management, expansion planning and mergers and acquisitions.