Markets and Balance Sheet Strategies Update 

Subjects that will be discussed include:

• The implications in the shifts in the level and shape of the yield curve, and the potential impact of the tapering of Quantitative Easing
• Changing dynamics in the mortgage loan and mortgage-backed securities markets
• Relevant economic trends occurring nationally and within New England
• Key takeaways from the second quarter call reports of FHLBank Boston members
• How banks and credit unions are dealing with historic excess liquidity
• What members are doing to support margins and manage interest-rate risk
  
• Trends in credit performance and outlook
• Balance sheet strategies to employ looking forward

About the presenters: As the vice president, director of member strategies and solutions at FHLBank Boston, Andrew Paolillo leads the strategies and Member Funding Desk teams in creating customized funding strategies for members. Andrew has experience as a portfolio manager, trader, and analyst, and is well-versed i developing asset liability management (ALCO) strategies tailored to financial institutions’ needs.

John Kornacki is a financial strategist on the strategies and solutions team. He is focused on customer engagement and data-driven techniques to help us understand and respond to member needs. John has worked as a senior financial analyst at a credit union and has held positions in finance and accounting at large corporations.