Treasury & ALM · Community banks and credit unions
Large-institution treasury expertise, right-sized for your balance sheet.
Independent treasury, ALM and liquidity work for community banks and credit unions — senior judgment, delivered faster with modern tooling, and reconciled before it reaches your board or your examiner.
See the Desk Start a conversationA note on scope
Setnova Advisory LLC is not an investment adviser and is not registered as one.
The firm works on measurement, method and governance. It does not exercise discretion over any portfolio, take custody of, hold or have access to any client asset, or have assets under management. It does not recommend, select, rank or identify securities, issuers, maturities, counterparties or transactions; advise on the value of securities or on the advisability of investing in, purchasing, selling, holding, retaining, reinvesting in, replacing, extending, shortening or rebalancing any security or maturity exposure, or on the timing of any such action; construct portfolios or recommend sectors, allocations or asset classes; execute, arrange or introduce trades; or recommend, structure, arrange or execute hedges or derivative transactions. Every such decision stays with your institution.
The Treasury Desk
“Where did this number come from?”
It is the question that stops an ALCO meeting cold, and almost no institution can answer it quickly. The analysis is rarely the problem. The problem is that the numbers in your board pack live across several systems, a few spreadsheets and someone’s memory.
The Treasury Desk carries provenance with every figure — the source system, the report, the as-of date, the owner, the method, and what it reconciles to. Click any number below and see where it came from.
- Source system
- Report
- As of
- Owner
- Method
- Reconciles to
Every figure above is drawn from an illustrative sample institution (~$2.75B) and does not come from any client. This is a static snapshot of the sample extract of 25 August 2026; nothing on this page updates. Captions describe the direction of change only; whether a change is favourable is your institution’s judgment against its own limits, not the Desk’s. Totals and ratios are recomputed from their parts; the other figures are taken as stated from their system of record. Assumptions, sources and methods are shown per figure; results are hypothetical and do not represent any institution’s actual or expected performance.
Open the full Desk on the sample bank
Exception pricing and approval routing, the ALCO agenda, worked pro forma examples and the Board Pack, on the same invented institution. Best on a desktop.
Complimentary · every weekday morning
The Treasury Morning Brief.
A weekday read of the tape written for deposit-funded balance sheets — where the curve moved, what funding is costing, and what the day’s levels mean across deposit-funded balance sheets generally. Free and with no obligation: one email each weekday morning, once public distribution opens.
- Rates and the curve — policy, SOFR, the Treasury curve and the slopes, each figure carrying its own observation date rather than one date pasted across all of them.
- Funding and the deposit market — the top CD and savings APYs on Bankrate’s lists, and wholesale benchmarks where a primary source publishes a quote, each with its own observation date and source.
- Sector conditions — general commentary on funding, investment and interest-rate conditions across deposit-funded balance sheets. Written for the sector and identical for every reader; it does not address any subscriber’s own position.
Read a sample: the Morning Brief · the Full Desk Read on the sample bank
The button opens the sign-up page on beehiiv, the service that delivers the brief. You will be asked to confirm your email address. Public distribution has not started yet. Each issue is being checked independently before it goes to subscribers; issues start when distribution opens.
One email each weekday morning, with an unsubscribe link in every issue. Your address is used to send the brief and nothing else: never sold or rented, and held only by beehiiv, the email service that delivers it, which also records whether each issue is opened and which links are clicked. The brief is one-way; replies about a specific institution’s position are not answered.
Every Morning Brief subscriber receives the identical issue. The list is never segmented by content and the brief is never tailored to a particular institution’s position.
What I do
The Desk is the product. This is the work around it.
Start with a fixed-fee diagnostic and grow into whatever fits — a scoped project, an ongoing retainer, or building your team’s own capability.
Treasury Map
Every number in your ALCO pack, traced. Your team sends the reports it already produces. Each figure in the pack is mapped to its source system, report, as-of date, owner and method, checked against the figures it should tie to, and returned as charts, tables and data for your own deck, with commentary limited to what happened and what changed since the last period. The Map comes with the Health Check and the Desk retainer rather than as a separate purchase, and it keeps the Desk current on your own figures. Reading ALM vendor reporting packages directly is being added.
Balance-Sheet Health Check
A diagnostic across IRR (EVE/NEV), liquidity, and your ALCO process. The real output is the Treasury Map: where every number in your board pack actually comes from. You keep it.
Rate-Move Review
A fixed-scope read of your ALM model output and your Call Report against the latest rate move: duration and the AOCI and capital effect, deposit pass-through ranges, and liquidity coverage including contingent capacity. A written summary and a 60-minute walkthrough, two weeks from receipt of data. The fee is fixed and credits in full against a Health Check started within 90 days.
Deposit Study
Your own deposit betas and decay, measured by segment through the current cycle and set beside the assumptions in your ALM model, then documented and back-tested before an examiner or model validator asks. A written summary and a walkthrough; the measured figures carry into the Desk.
ALM & interest-rate risk
Model review and modernization, assumption and beta back-testing, and ALCO and exam materials with every assumption, source and as-of date documented and traceable. As a matter of firm policy, Setnova Advisory does not validate models it built or materially customised, and does not present such work as independent validation.
Liquidity & funding
Contingency funding plans, FHLB and backup-line readiness, deposit and share pricing frameworks, and stress testing with every assumption documented.
Treasury AI enablement
Stand up an AI-assisted treasury workflow — morning briefs, ALCO materials assembly and provenance, scenario analysis — with a governance playbook and hands-on training for your team.
Desk + standing support
The Desk licensed with a monthly working session, a quarterly deep-dive, and a same-business-day response target. The response target covers speed, not unlimited scope. Each quarter, the Desk is refreshed on your own figures, and every mapped figure in your ALCO pack is re-traced to its source and re-tied. Tailoring of views, metrics and report formats is included, up to a monthly allowance; a larger change is quoted as a fixed fee before any work starts, and every build becomes a Desk option available to all clients.
Data integration & extract build
When your reports need more than a standard extract to reach the Desk, building and testing that extract is scoped on a technical call and quoted separately before any work starts.
Fractional Treasurer
By arrangement after scoping, outsourced treasury support on reserved time: process, documentation, governance, and board and exam preparation. I do not hold an officer role, do not chair or vote at ALCO, and do not make or approve balance-sheet decisions; final authority stays with a named officer of your institution. One or two institutions at a time.
Payment rails & program strategy
Which rails you run, what each one actually costs you, and what it does to your balance sheet. Rail selection and economics across ACH, wires, RTP, FedNow, and card; instant-payments launch readiness; and strategy for sponsor-bank and embedded-finance programs — from partner diligence and program economics through the operational and liquidity questions examiners ask second.
Payments decisions are usually made on processor pricing alone. They belong in the same conversation as float, intraday liquidity, and deposit behavior — which is where I put them.
How it works
Fixed-fee to start, built to last.
Discovery call
A focused conversation about where the balance sheet — and the board — are applying pressure.
Health Check
A fixed-fee diagnostic with a findings memo, a prioritized roadmap, and the mapping.
Do the work
A scoped project or an ongoing retainer, scoped and priced up front, not by the hour.
Leave you stronger
Your team keeps the playbook, the mapping, and the capability after I step back; the Desk license can continue after the engagement ends.
Confidence in the numbers
Production can be fast. Verification cannot be skipped.
This standard governs the figures and documents I produce. They pass through a written verification standard: one canonical data object, automated cross-checks on every build, two separate review passes against that standard — one on the work and one on the reviewer, run by AI under my direction — and a standing log of the classes of error it has caught.
Institutions under model-risk and third-party governance pressure are right to ask how AI-assisted work gets checked.
About
Peter Martin
I’ve spent my career in treasury, on both sides of the bank relationship. Most recently as Treasurer of a publicly traded regional bank, owning the ALM model end to end, wholesale funding, liquidity, and an investment and derivatives portfolio. Before that, from the other chair: treasury for a public company, for structured-finance funds, for a private equity platform, and for a payments fintech. For a good stretch of it I was the bank’s customer rather than the bank.
I started Setnova Advisory to bring that level of treasury capability to community banks and credit unions that need it but can’t justify a full-time Treasurer or a big-vendor contract.
The mix is deliberate. Sitting inside a bank teaches you how the ALCO pack actually gets built and what the examiner asks first. Sitting across from one teaches you how a bank’s decisions land on the people who bank there — a useful thing to have felt. Community banks and credit unions are where those two halves meet, and where this work fits most naturally.
Contact
Start with the numbers you have to defend.
Start with a no-obligation discovery call. Tell me what you’re trying to move and I’ll tell you plainly whether it’s something I can help with.