The investment portfolio constitutes the largest asset in most credit unions accounting for on average 70% of Total Assets.
Fairway Advisers can undertake a fully independent investment portfolio review tailored to an individual credit union’s needs that covers the following areas:
- Review of the investment portfolio for performance and compliance with regulations. The review will include analysis of the range of permitted investment instruments, diversification of counterparties, liquidity, and investment duration management
- Review of the accounting classification, guidance on accounting treatment and valuation of the various financial instruments
- Review of the credit union’s investment policy
- Outlook on the current investment environment and impact on the investment portfolio
The output of this review is a comprehensive report written in plain English which is presented to Boards and Management as an interactive training session at the end of the assignment.