Crises Due To Coronavirus

CMG offers webinar series on managing financials during pandemic

Steve Rick, chief economist for CUNA Mutual Group, is offering a  COVID-19 Recession Webinar Series for credit union leaders and staff members to be held Thursday, April 23, and Thursday, April 30, at 1 pm CT.  “The COVID-19 Recession and its Impact on Credit Unions” no-cost webinar series is presented through credit union Leadership Convention.

On April 23, credit unions can find out how the COVID-19 pandemic will impact the economy, financial sector, labor market, U.S. interest rates and ultimately credit union balance sheet and earnings performance through 2020 and 2021.

Steve Rick, director and chief economist, will analyze and establish standards against which a credit union’s performance can be measured. He’ll identify trends of savings and loan activity and weigh the influence of future economic events on growth patterns into 2021.

On April 30, Tim Harrington of TEAM Resources, will show how credit unions can respond to the COVID-19 economic impact. Based on Steve’s economic outlook, Tim will give practical guidance to help control the balance sheet, manage the income statement and minimize losses.

Please use this link to register for this webinar series to gain insights on managing financials through these unprecedented times.

Written by
Cara Clark
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The League of Southeastern Credit Unions & Affiliates represents 342 credit unions in Alabama, Florida and Georgia, with a combined total of $118.63 billion in assets and more than 10.1 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

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