No More Paper Losses: A Modern Investment Approach for Credit Unions

Online Webinar:  January 14th | 2 PM EST

Rising interest rates have flipped the traditional credit union investment playbook upside down – transforming the “safe” side of portfolios into a source of embedded losses and constrained flexibility. Fixed-income, which once signaled stability, has become a structural drag on performance.

It’s time to redefine safety.

Join Elite Capital Management Group for a strategic session on how Structured Protection - anchored in the proven zero-cost collar framework - can deliver equity participation with defined downside protection. This approach empowers credit unions to pursue returns without tethering their balance sheets to every Fed decision.

What You Will Learn
  • Diagnose the real source of embedded losses: Why the sharp rate movements since 2022 turned “safe” bonds into structural portfolio drag.
  • Redefine risk management: How Structured Protection strategies reduce interest rate sensitivity and restore balance sheet flexibility.
  • Transform ASC 321 into a strategic lever: Convert accounting volatility into a tool for transparency and advantage.
  • Capture equity-linked upside with defined protection: Participate in market growth while insulating against declines.
  • Diversify beyond traditional fixed income: Build resilience by expanding exposure beyond bonds without sacrificing safety.
  • Implement with confidence: Practical steps to evaluate, adopt, and operationalize Structured Protection in your credit union’s investment framework.

For clarity: Elite Capital Management Group does not offer BOLI, annuities, or any insurance‑based products. As an SEC‑registered fiduciary, our sole focus is on transparent, liquid, market‑driven investment strategies. This session reflects our commitment to delivering solutions that align with regulatory standards, prioritize client interests, and provide clarity in an environment where trust and transparency matter most.


Produced and sponsored by: 
EC_vLogoColoredBlack.png

Register Your Spot

Webinar Speakers

Matthew Butler, ChFC

Founder & Managing Principal of Elite Capital Management Group


Matthew Butler is founder and managing principal of Elite Capital Management Group. Matthew has over 30 years of experience in the financial industry, beginning in the early ’90s with Shearson Lehman Brothers. For the past 23 years, he has focused exclusively on helping credit unions invest with purpose and clarity.

In 2007, Matthew started Elite Capital to give credit unions something they’d long been denied: institutional investment management - without the products, commissions, or insurance wrappers. He built a firm rooted in transparency, regulatory alignment, and long-term performance. And today, that mission matters more than ever.

Nicholas Butler, CFA

Managing Partner, Elite Capital


Nicholas Butler is Managing Partner with Elite Capital. Nicholas graduated from Lafayette College in 2018, majoring in Math and Economics. Nicholas worked at Virtus Investment Partners for 5+ years, spending a year on the sales desk before moving to product development and oversight. Here, he performed investment oversight primarily on U.S. growth and international equity portfolios as well as extensive portfolio analysis on Virtus offerings and competitors. Nicholas earned the Chartered Financial Analyst (CFA) designation in 2025.

Matthew Kauffman

Global Head of ETFs at Calamos Investments


Matt Kaufman joined Calamos Investments in 2023 as an accomplished financial services executive with more than 20 years of experience serving the asset management industry across North America, Europe, and Asia. Matt has designed, led, and helped build hundreds of exchange-traded funds (ETFs), unit investment trusts (UITs), indexes, variable insurance trust funds, registered index-linked annuities, fixed annuities, and closed-end funds. He is also a sought-after source by leading financial publications and is a frequent speaker at industry conferences and events.

Prior to Calamos, Matt spent more than a decade at Milliman, Inc., where he served as President of the firm’s broker/dealer (Milliman Investment Management Services LLC) and as a principal of the firm’s $170b RIA (Milliman Financial Risk Management LLC). Matt also draws from his prior experience at PowerShares ETFs, where he helped the firm grow during the formative years of the ETF ecosystem.