Wipfli understands the challenges you face as an executive officer or a director of a credit union. With that in mind, The Credit Union Forum has been designed exclusively for executive officers and board members of credit unions. This event will provide you with information and insight into current topics that are deeply impacting credit unions today. The speakers, the topics, and the value-added information, combined with the opportunity to network with your peers, make this event one you will not want to miss!
AGENDA
8:00 - 8:30 a.m. Registration and continental breakfast
8:30 - 10:15 a.m. Keynote Address: Strategic Planning
David Saber, Senior Manager, Wipfli LLP
10:15 - 10:30 a.m. Break
10:30 a.m. - Noon General Session: Mergers and Acquisitions in the Financial Services Industry
Kevin Janke, Partner, Wipfli LLP
Brett Schwantes, Senior Manager, Wipfli LLP
Noon - 1 p.m. Lunch
1:00 - 2:30 p.m. Breakout Sessions
Breakout 1 – Troubled Debt Restructurings and Allowance for Loan and Lease Loss Methodology
Matt Bollinger, Senior Manager, Wipfli LLP
Breakout 2 – For Goodness Financial Sake Succession Plan
Pam Schneider, Partner, Wipfli LLP
2:30 - 2:45 p.m. Break
2:45 - 4:15 p.m. General Session - Panel Discussion: The State of the Financial Services Industry: A Compliance, Regulatory, and Legal Update
Ginger Larson, Director, Office of Credit Unions
Kate Johnson, Compliance Specialist, Wisconsin Credit Union League
John Moniak, Senior Manager, Wipfli LLP
Traci Hollister, Partner, Wipfli LLP
4:15 p.m. Event concludes
SESSION DESCRIPTIONS
Keynote Address
Strategic Thinking: It Has Never Been More Critical!
Strategic thinking has never been more critical to the continued success of any credit union. After all, these are not ordinary times. Many core assumptions in the financial services marketplace have come into question and the extraordinary uncertainty within our industry has dominated recent headlines. In this keynote address, join industry leader David Saber who will discuss the strategic planning process and the latest for best practices in the industry that your credit union should consider as you plan for 2011 and beyond.
Keynote Speaker
David Saber
Senior Manager
David has extensive financial institution experience managing strategic planning and consulting projects, working with boards of directors and executive management of family-owned to publicly traded financial institutions across the United States. David's experience also includes a position as an analyst in the Markets Group at the Federal Reserve Bank of New York.
David is currently a faculty member at the Graduate School of Banking at the University of Wisconsin-Madison. He also presented recently for several Federal Reserve Banks and a large number of state and national financial institution associations. David graduated cum laude from the University of St. Thomas in St. Paul, Minnesota, earning a bachelor of arts degree in finance, with a minor in economics.
General Session
Mergers and Acquisitions in the Financial Services Industry
According to FactSet Mergerstat, there was a total of 9,116 mergers and acquisitions announced in 2010, a 34% increase from 2009. And it does not appear the trend will slow down in the near future. Experts are predicting a wave of consolidation for the financial services industry as well. In this session, Wipfli partner Kevin Janke and senior manager Brett Schwantes will highlight the financial institution merger and acquisition process both from the sell and buy side and discuss matters related to deal pricing.
Breakout Sessions
Troubled Debt Restructurings and Allowance For Loan and Lease Loss Methodology
Properly identifying, reporting and accounting for a troubled debt restructuring (TDR) is not always clear cut. New guidance recently issued by the Financial Accounting Standards Board has helped to clarify TDR identification. In this session, Wipfli senior manager Matt Bollinger will discuss the new guidance and the accounting involved with TDRs. He will also discuss the current trends and methodologies to be used in determining the adequacy of your institution’s allowance for loan and lease loss account.
For Goodness Financial Sake Succession Plan
Recent statistics from the U.S. Department of Labor state that by 2012 the segment of the work force that is 55 or older will have increased by 19.1%. As a large segment of the work force ages, the need for succession plans will become vital to your credit union’s continuity and to the future of your credit union. In this session, Pam Schneider will discuss succession planning and suggest objectives as you develop the plan for your credit union. She will also highlight the steps for developing a succession plan, the common challenges financial institutions face when implementing succession plans, and the key attributes to consider when choosing successors.
General Session – Panel Discussion
The State of the Financial Services Industry: A Compliance, Legal, and Regulatory Update
Change is constant in the financial services industry, whether it requires complying with new regulations, responding to competitive challenges in the marketplace, or finding new sources of capital to fund growth. In this session, the panel will provide an update on the compliance, legal, and regulatory environment for credit unions, including an update on Dodd-Frank and a review of the changes in compliance and risk standards. This program will provide valuable information necessary to navigate your credit union toward success in the future.
LOCATION
Wilderness Territory - Glacier Canyon Lodge
45 Hillman Road
Wisconsin Dells, Wisconsin 53965
*If you are interested in securing a hotel room at our discounted rate of $99 plus tax, please call 1.800.867.9453 by September 17. Mention the “Wipfli room block” to receive the discount.
If you have any questions regarding this event, please contact Mary Boortz at mboortz@wipfli.com or 715.858.6677.
To register online for this event, please see the above information.