The Federal Home Loan Bank of Chicago (FHLBank Chicago) is pleased to announce that experts from Chatham Financial will join James Hotchkiss on our Weekly Market Update webinar on Thursday, June 3, 2021. During the webinar, they will provide insight into current derivative strategies used in the market to manage interest rate risk. In addition, the speakers will discuss LIBOR transition to SOFR, alternative rates to SOFR, and the new NCUA rule for derivative usage. All FHLBank Chicago members are invited.

How to Access the Webinar:

Click here to register for the webinar and select the June 3 webinar date from the dropdown menu. To view slides after the webinar, please visit the Solutions section on eBanking and navigate to Weekly Market Update.

• To join the call, dial 1.877.309.2071

• Access Code: 292-160-909

• Webinar ID: 508-658-427 

• To view the presentation slides after the webinar, please visit eBanking's Solutions section via fhlbc.com

Questions? Please contact James Hotchkiss or Jessica Nick.

Webinar Summary:

Current volatility in long-term interest rates and uncertainty on when and how much the Federal Reserve will move short-term rates have given market participants a lot to think about.

Join FHLBank Chicago and experts from Chatham Financial where we will discuss:

• Current interest rate environment

• Market activity Chatham is seeing on their Balance Sheet Risk Management Desk

• Hedging Strategies

  • “Beat the Spread” Strategy Analysis

  • Last of Layer Hedging and Portfolio Layer Method

  • Receive fixed swap strategies

• NCUA rule changes for derivatives use

About the Guest Speakers

Todd Cuppia, Managing Director, Balance Sheet Risk Management
Todd Cuppia is a Managing Director and leads Chatham Financial's Balance Sheet Risk Management practice for financial institutions. Since joining Chatham in 2015, Todd has worked with clients on developing and executing strategies to manage complex economic risks.

Prior to joining Chatham, Todd spent 11 years with Stifel Financial as a Managing Director in the Fixed Income Research and Strategy Group as the head of Government Sponsored Enterprise Debt Strategy and Co-head of Fixed Income Product Strategy. In this role, Todd advised financial institutions, state and local government entities, and pension funds on cross-sector relative value, macro-based portfolio strategies and derivative hedging strategies. Todd graduated with honors from Clarkson University with his bachelor’s degrees in economics and political science.

David J. Sweeney, Managing Director
Dave Sweeney is a Managing Director in Chatham’s Financial Institutions team and leads our business development efforts in the Midwest and Southeast where he advises financial institutions on hedging strategies. He also runs their investment and treasury advisory team.

Prior to joining Chatham, Dave spent 14 years with Ernst & Young as a Principal in the Financial Institutions practice and served as Treasurer and Chief Investment Officer for two community banks. He has experience marketing and selling interest rate derivative products to commercial bank loan customers. Dave graduated with honors and distinction from the Pennsylvania State University with his bachelor’s degree in accounting, is a CPA, and an CFA Charterholder.