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In Seattle an Introduction to Credit Risk Management and Credit Migration (CECL)

See you in Seattle 9 / 19-22, 2018


 Managing and maintaining a portfolio of performing loans is a basic challenge for all credit unions.  Marketing and underwriting loans is a major function in all credit unions.  However, getting loans on the books is only 50% of the job.  The other 50% is managing loans over their life in the portfolio.  Credit Migration is a powerful tool that credit union leaders are using for this purpose. 
This presentation will provide a clear understanding of what credit migration is, how it works and how it is applied by credit unions to minimize losses, enhance yields, and prepare for CECL implementation.

We are pleased to have Dr. Thompson present a general session on the CECL and how it will be applied to credit unions and an afternoon breakout on how to implement CECL in your credit union.

Randy C. Thompson, Ph.D. is the CEO and founder of TCT Risk Solutions LLC a CUSO.  He has consulted with Credit Unions, for the past 32 years.  He holds advanced degrees (Ph.D. and MS) in Finance, Statistics, Economics and Public Health and taught graduate courses in finance and statistics at several Universities in the western United States.  He has been a frequent speaker at League and Association meetings across the United States and has authored papers and articles for Credit Union trade journals and for the New Jersey Credit Union League, California/Nevada Credit Union League, CU Times and CU Business trade magazines.  He is the creator of TCT Suite of products including risk based pricing, deposit pricing, Credit Migration with ALLL, and the CostPro Earnings at Risk ALM Simulation Model.

Dr. Thompson has delivered training on loan and deposit pricing, credit migration and ALLL to federal and state examiners in six western states.

He was awarded the Kim Bannon Eternal Flame Award for service to credit unions in 2013.  He is the father of 12 children and grandfather to 25 grandchildren.  He is a private pilot and an avid gardener.


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