Balance Sheet Strategies During a Black Swan Event-the Covid-19 Pandemic

Credit & Lending

COVID-19 was a black swan event that hit hard and fast and caught the world off guard and served as a nightmarish wakeup call for every ALCO. COVID-19 has likely changed the banking industry “forever” and redefined best practices for prudent balance sheet management activities and processes. The Best Antidote for Balance Sheet Management: ALCO processes that create clarity, enable effective challenge, and facilitate focused and persistent conversations on business issues that truly matter. While there is no one-size-fits-all cure – an effective ALM process will make a real difference. Frank Farone will share crucial balance sheet risk management lessons from this unfortunate pandemic and present important considerations and suggestions for lending, deposit, and investment strategies, as well as overall balance sheet risk management strategies (including interest rate risk, liquidity, and credit/capital management).

Learning Objectives

  • Balance sheet management strategies for the current environment
  • Policies revisited from a “business perspective;” increase flexibility for decision making
  • Interest rate risk management considerations and strategy implications
  • Ensuring that your ALCO is a “profit center”


Frank L. Farone
Managing Director
Darling Consulting
Frank consults nationwide with CEOs and CFOs of financial institutions to increase earnings through the proactive management of capital, liquidity/funding risk, and interest rate risk. He is a frequent speaker and author on topics such as industry issues and trends, funding solutions, regulatory issues, interest rate risk management, capital management, and derivatives hedging techniques. Frank was designated a “top-rated” speaker by FMS and is well known for his popular seminar “Turbo Charging Your ALCO Process” having helped thousands of bankers across the country. Frank is a graduate of Siena College. He lives in Winchester, Massachusetts and is an avid golfer and runner, having completed numerous marathons including several Boston Marathons over the past 25 years.

Webinar Fees

Pricing For Price Season Pass
Bank Member $0 $0
Bank Nonmember $0 $0
Affiliate Member $0 $0
Affiliate Nonmember $0 $0

Season Pass Members receive 4 individual logins to every webinar

Additional Info

Participants will earn 1.0 CPE credit

Field of Study: Specialized Knowledge

Prerequisites: None

Advanced Preparation: None

Program Level: Basic

Delivery Method: Group Internet Based

Refunds and Cancellations: Webinar registrations are non-refundable. If the registrant is unable to attend the designated time and date of the webinar, a playback link and any written materials will be provided within 2 business days following the conclusion of the webinar

Western Bankers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its


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