CECL Implementation... Entering the Homestretch

The Current Expected Credit Losses (CECL) model will significantly change how credit unions view their loan loss reserves. This session will address the new standard from a management standpoint and will explore the potential impact on the small to average size credit union. Included in this session will be a discussion on the regulatory view of the new standard and what they have done to help ease the immediate burden on smaller credit unions. This interactive session will include tips on how to prepare for the implementation of the new model and how to keep up with the inevitable changes that come with new standards.