august, 2017

29augAll Day30CFC Statewide Director Financial Workshop715 W Lionshead Cir, Vail, CO 81657

Event Details

DS CFC Financial Workshop





Tuesday & Wednesday

August 29 & 30, 2017



Vail Marriott

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.


Registration Deadline:

August 1, 2017


To Register:

Contact Jen Hight at the CREA office: or 303-455-2700 ext. 700



Contact Chip Marks at 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.

Instructor TBD


11:45 a.m.     Adjourn

Box lunch provided by CFC










august 29 (Tuesday) - 30 (Wednesday)


Vail Marriott

715 W Lionshead Cir, Vail, CO 81657

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