2024 Financial Institutions Conference: Morning Sessions

Overview

Sessions covered in this On-Demand replay of the Financial Institutions Conference:

Economic Outlook: How to Make Sense Out of & Maneuver Through the Mixed 2024 Economic Data

The Federal Reserve is being very cautious as to when it will start to lower short-term interest rates at a time where economic growth continues to outperform, unemployment is low, and the consumer continues to benefit from wage growth. However, the Fed's targeted inflation has not been met, although, it is improving. Also impacting the economy is 2024 being an election year. This session will discuss and review these crucial data points and where the 2024 and 2025 U.S. economy is headed.

Getting Ahead of CECL Volatility Through Stress-Testing & Model Validation

Current expected credit losses (CECL) models generally represent high risk compared to lending institutions' other models. Not only is the process of running the CECL estimate heavily data focused and involves many departments of the bank, volatility of the estimate over time has been present and oftentimes unexpected. This session will discuss how a comprehensive model validation will help you uncover the model mechanics behind the black box and the major triggers that create volatility. With this knowledge, stress-testing major assumptions can provide management teams with insight into future trends of the CECL estimate based on varying economic and operating environments.

Tax & Accounting Update for Financial Institutions

This session will review the most recent tax law changes that impact you and your financial institution. 

NOTE: Certificates of attendance showing the CPE credit earned from this On-Demand program will be sent to your primary email on file approximately 2 weeks after viewing as we receive attendance reports from our streaming service provider. Members will also see this program reflected in their CPE tracker.