Case Study: Deere Employees Credit Union achieves more accurate ALM forecasts with Abrigo Core Deposit Analysis

Deere Employees Credit Union Improves ALM Forecasts With Core Deposit Analysis

Deere Employees Credit Union, an 84‑year‑old institution headquartered in Moline, Illinois with about $1 billion in assets and 60,000 members, faced challenges forecasting capital and earnings as rapid growth made depositor behavior—especially for non‑maturity accounts—harder to predict. To get a clearer picture of deposit behavior and improve its ALM modeling, the credit union engaged Abrigo and uses Abrigo’s Core Deposit Analysis.

Abrigo’s Core Deposit Analysis delivered historical performance data and advisory support that was incorporated directly into Deere Employees Credit Union’s ALM model (managed by Abrigo). The analysis showed some accounts were less rate‑sensitive than expected, allowing the credit union to slow assumed decay/runoff and produce more accurate forecasts; annual updates and ongoing consultant support (including board training) further strengthened risk management and growth planning.

Deere Employees Credit Union

Heidi Wulf

Vice President, Accounting Finance