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Trellance Earns Certification on CECL Tool
In The News, Tech Sarah Cooke 2/7/24 In The News, Tech Sarah Cooke 2/7/24

Trellance Earns Certification on CECL Tool

Trellance, a leading technology partner providing innovative analytics, cloud and talent solutions to credit…

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Technical Correction for the CECL Transition Amount
In The News Sarah Cooke 12/20/23 In The News Sarah Cooke 12/20/23

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…

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NCUA Releases New Updated FAQs on CECL, Simplified CECL Tool
In The News Guest User 1/30/23 In The News Guest User 1/30/23

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.

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LoanStreet Launches CECL Reporting Solution for Loan Participations
In The News Guest User 1/30/23 In The News Guest User 1/30/23

LoanStreet Launches CECL Reporting Solution for Loan Participations

Financial institutions with participations programs can automatically receive credit loss reserve estimates with greater accuracy, reflecting the true risk profile of their participation portfolio

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