Investment Committee Report The Investment Committee is appointed by the Board of Directors and is responsible for overseeing policy compliance with respect to investments, liquidity, and interest rate risk. The Committee is also responsible for setting, or delegating authority to set, dividend and loan rates. Lastly, the Committee reviews financial performance and budget/forecast results to ensure the safety and soundness of the Credit Union.
In 2024, the Investment Committee:
• Reviewed Asset Liability Management (ALM) and liquidity results quarterly to ensure compliance with policy limits, as well as the results of modeled balance sheet stress scenarios.
• Reviewed and endorsed the 2025 operating budget. • Reviewed quarterly credit union industry peer results.
• Reviewed and endorsed updates to programs and policies related to: Corporate Cards, Loan Participations, Interest Rate Management, Funding and Liquidity Risk, Contingency Funding Plan, and Allowance for Credit Losses.
DIRECTORS Diego Flaiban Chair
Claudia Franco, Francisco Rojo, Daniel Fonseca, William L. (Chip) Lusk. Jr., CEO, Luis Arias, CFO, Marco Paredes, CLO, Marilyn Wagner, CXO Members
María Eugenia Roca Vice-Chair
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