DS CFC Financial Workshop CFC FINANCIAL WORKSHOP FOR DIRECTORS Date: Tuesday & Wednesday August 29 & 30, 2017 Location: Vail Marriott 715 W Lionshead Cir Vail, CO 81657 970-476-4444 https://aws.passkey.com/go/2017crea Colorado Rural Electric Group Rate: $159 +
CFC FINANCIAL WORKSHOP FOR DIRECTORS
Tuesday & Wednesday
August 29 & 30, 2017
715 W Lionshead Cir
Vail, CO 81657
Colorado Rural Electric Group Rate: $159 + $20 resort fee
Deposits are non-refundable after August 7, 2017
Tues: 1:00 – 5:00 pm
Wed: 7:30 am – 12:00 pm
There is no fee to attend, but you must register.
Spouses are welcome to attend the reception and dinner, but they must register.
August 1, 2017
Contact Jen Hight at the CREA office: firstname.lastname@example.org or 303-455-2700 ext. 700
Contact Chip Marks at
Chip.Marks@nrucfc.coop or (720) 724-3301
Tuesday, August 29, 2017
1:00 p.m. Welcome and Housekeeping
1:15 p.m. Economic Update
Get an update on the latest economic trends including unemployment, GDP growth and interest rates.
John Suter, Vice President, Capital Markets Research & Analysis, CFC
2:15 p.m. Break
2:30 p.m. Understanding Financial Statements
This session will help directors better understand financial statements and be able to hone in on key areas, such as the Statement of Operations and Balance Sheet. It will also increase understanding of several important ratios such as Times Interest Earned Ratio (TIER) and Equity to Assets.
John Grant, Vice President, Events & Training, CFC & Eric Anderson, Regional VP
3:45 p.m. Break
4:00 p.m. Understanding Financial Statements (continued)
5:00 p.m. Adjourn
5:30 p.m. Reception and Dinner Hosted by CFC
Wednesday, August 30, 2017
7:30 a.m. Hot Breakfast Buffet
8:00 a.m. The CFC You Don’t See
CFC CEO Sheldon C. Petersen will discuss the role of CFC within the cooperative network and provide some behind-the-scenes insight into questions such as: How does CFC fit into the world of finance? How is CFC different from other financial institutions? How does CFC raise funds, make loans, and work with banks, investors and rating agencies to serve member-owners?
Sheldon C. Petersen, CEO, CFC
9:15 a.m. Industry Update
This session will provide an update on renewable energy trends, including battery storage, and the impact it is having on power markets. In addition, we’ll discuss solar deployment options including financing alternatives
Greg Starheim, SVP, Business & Industry Development, CFC
10:30 a.m. Break
10:45 a.m. Cyber Security Update
This session will explore why it is important for directors and co-op leaders to understand cyber security risks and tradeoffs.
11:45 a.m. Adjourn
Box lunch provided by CFC
august 29 (Tuesday) - 30 (Wednesday)
715 W Lionshead Cir, Vail, CO 81657