Asset/liability management is the process of coordinating actions to control the credit union’s risks and reach its financial goals.
--Asset/Liability Management Essentials

Written by ALM expert Bill Goedken, president and CEO of Goedken Consulting Group, LLC, Sedalia, Colo., this Executive Briefing Series publication provides a solid overview of the necessary steps to manage a credit union’s financial risk. Credit union directors will especially benefit from this easy-to-read introduction to the art and science of asset/liability management. Goedken also authored ALM Spelled Out, Second Edition. 

The briefing explores:

• A quick summary of ALM
• What is ALM and why is it important?
• The ALM process
• Measurement of the ALM process and
• The roles of the board and the ALM committee in managing ALM