Simplified CECL Tool Updated for December 2024
QuantyPhi Launches New CECL Validation Service to Support Credit Union Compliance and Accuracy
Simplified CECL Tool Updated for June 2024
Trellance Earns Certification on CECL Tool
Trellance, a leading technology partner providing innovative analytics, cloud and talent solutions to credit…
NCUA to Host Jan. 11 Webinar on Simplified CECL Tool
A Webinar on January 11 that explains how to use the agency’s simplified CECL tool.
Simplified CECL Tool Updated for December 2023
The National Credit Union Administration released today the December 2023 update of its Simplified CECL Tool. The update…
Technical Correction for the CECL Transition Amount
This alert informs credit unions about a technical correction with the calculation of the Current Expected Credit Loss…
Simplified CECL Tool Updated for June 30, 2023
The update includes the latest life-of-loan, or Weighted Average Remaining Maturity, factors and additional minor enhancements.
NCUA Releases New Updated FAQs on CECL, Simplified CECL Tool
NCUA has released updates to its frequently asked questions on the current expected credit losses (CECL) accounting standard and its Simplified CECL Tool.
Come for the cannabis (banking), stay for the CLF
When the CFPB is trying to take your noninterest income and the NCUA is seeking greater vendor oversight authority, while facing down inflation and a recession…
NCUA Releases Simplified CECL Tool for Small Credit Unions
The National Credit Union Administration released today a new tool to help small credit unions comply with the Financial Accounting Standards Board’s accounting standard on current expected credit loss, or CECL, which goes into effect