Basic Income Simulation Training for Credit Union Leaders and Boards

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Good afternoon.
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Thank you for joining us today for our webinar on income simulation.
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And we’re really going to start with we, a month ago, had kind of general interest rate risk webinar.
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Today, we’re going to focus on the income simulation and that method for estimating interest rate risk.
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So thank you for joining us.
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A little bit of housekeeping as we get going.
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if you’re looking for CPE credit, we offer that.
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A way to track your attendance is your participation in the poll questions. We have several poll questions throughout the webinar.
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Really basic questions.
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Sometimes I find that information helpful because then I can get a feel for my audience.
1:00
But for credit, if you participate in those questions, that would be helpful. I also have Michelle with us today.
1:09
She’ll be monitoring the webinar, seeing if questions popped up.
1:14
If you have questions that pop up and she feels like we can work them into the presentation, she’ll stop me and we can ask those questions or if there’s something that makes more sense to do it at the end of the webinar, we can do it then as well.
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So with that, let’s go ahead and get started.
1:35
I’m going to start today with kind of talking about some common terms.
1:41
Not going to spend very much time on those, but I really feel like that as I talk, I have done this for so long, I use acronyms and definitions that not everybody knows or understands.
1:56
So we’ll talk about those briefly.
2:01
Then we’re going to talk about how interest rate risk comes about.