With market rates hitting all-time lows, it’s more important now than ever that credit unions have a comprehensive interest rate risk (IRR) management process. In order to control the impact that changing rates have on your organization’s short-term earnings and long-term capital, you need a process in place to identify, measure, and monitor those changes.

Download this white paper to learn the four pillars of an effective IRR management program for your CU which include:  

• Establishing a comprehensive corporate governance structure
• Using relevant measurements and modeling
• Creating a thorough control process that includes independent review, validation and backtesting