Tuesday, November 12, 2019
7:45 a.m. – 3:15 p.m.
RiverCrest Golf Club & Preserve
100 Rivercrest Drive
Phoenixville, PA 19460
Discuss challenges and opportunities facing credit unions with top experts and professionals within the credit union industry. Earn 4.5 CPE credits for your time, and enjoy networking opportunities with your peers and RKL’s professional team during the continental breakfast and lunch.
Only $150. Discounts are available for multiple registrations from the same credit union; for every three paid attendees, get one admission free!
This event is exclusive for credit unions. Seating is limited; register today!
REGISTER HERE
Questions about our Credit Union Seminar? Contact Lindsey Chretien at lchretien@rklcpa.com.
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Event Agenda:
7:45 – 8:45 a.m. – Registration and Continental Breakfast
8:45 a.m. – RKL Welcome
8:50 – 10:40 a.m. – The State of Everything: And What it Means for the Future of Credit Unions
Lee Wetherington, Director of Strategic Insight, Jack Henry & Associates®
Should credit unions automate everything that can be automated? What’s the difference between “personal” and “personalization” in digital channels? Will Facebook’s Libra currency impact the evolution of faster payments in the U.S.? Will the Fed finally offer its own real-time payments network, and what will that mean for Zelle P2P and The Clearing House’s RTP? How can credit unions differentiate themselves strategically against new and larger competitors? Attendees of this session will be able to explain the difference between digital and traditional payments and their respective data, and identify how digital payments could affect credit unions. (Qualifies for 2 Specialized Knowledge CPE Credits.)
10:40 – 11 a.m. – Break
11 a.m. – 12 p.m. – A Performance by Teddy Roosevelt
As portrayed by Peyton Dixon
Meet our twenty-sixth President of the United States and leader of the Progressive movement. The slogan “Speak softly and carry a big stick, and you will go far” lives on well beyond the life of this remarkable man.
12 – 1 p.m. – Lunch
1 – 2:15 p.m. – The Economy in 2020: Terrific, Terrible or Tarrifying
Elliot Eisenberg, Ph.D., GraphsandLaughs, LLC
Attendees of this entertaining session will learn about the economic condition of the overall economy with an emphasis on all four components of GDP growth as well as household wealth and finances, default rates on various classes of assets such as auto loans, home loans and credit cards, bank ROA and ROE, trade and tariffs, global economic conditions and the all-important yield curve. Eisenberg will also discuss our current and future fiscal condition, and the possible timing and severity of when the next recession may appear. He will then turn his attention and discuss labor market conditions, wage growth, inflation rates, inflation expectations, Federal Reserve Board policy and the likely path of interest rates. Eisenberg will also focus on residential real estate conditions and will close by comparing economic conditions in all 50 states and relevant MSAs. By the end of this session, attendees will be able to describe the impact of GDP growth on the overall economy and identify signs of a possible recession from our current and future economic conditions. They will also be able to compare economic conditions across all 50 states and relevant MSAs. (Qualifies for 1.5 Economics CPE credits.)
2:15 – 3:15 p.m. – Accounting and Industry Update
Jim Pruzinsky, CPA, Partner, RKL Financial Services Industry Group
Jeremy Witmer, CPA, CVA, CFE, Consultant, RKL Business Consulting Services Group
With an increasing amount of accounting and auditing changes affecting credit unions, it’s imperative for executives to stay abreast of the changing regulatory landscape. Attendees of this session will recognize and prepare to implement new accounting and auditing standards and updates, including a recent delay on CECL implementation and a delay on FASB’s accounting standards for leases, credit losses and hedging. In addition, attendees will be able to identify NCUA’s 2019 primary areas of supervisory focus and apply new learning to prepare for a future NCUA examination. (Qualifies for 1 A&A CPE credit.)
3:15 p.m. – Closing Remarks
REGISTER HERE
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CPE Information
CPE: Earn up to 4.5 hours in the fields of Specialized Knowledge, Economics and A&A. See course descriptions.
Cancellations: Cancellations outside of unforeseen circumstances are requested by November 4.
Prerequisites: None | Advanced Preparation: None | Program Level: Basic | Delivery Method: Group-Live
For information regarding our complaint policy, contact RKL’s HR department at 717.394.5666.
RKL is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE Credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website, www.learningmarket.org.
