What Can Be Learned From CECL Early Adopters…

What Can Be Learned From CECL Early Adopters…

  As the advent of the CECL standard rapidly approaches and many financial institutions continue to contemplate the effects the standard will have on reserve balances, it may be helpful for them to glean what they can from the Q1 filings of the largest public institutions in the industry, as well as any other CECL […]

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CECL as a Strategic Business Initiative

CECL as a Strategic Business Initiative

Do you have the right data to proactively approach CECL and accomplish strategic growth objectives? Implementing the new CECL standard is expected to have broad implications that may affect numerous functions at banks and credit unions, including credit modeling, regulatory capital impact, operational implications, financial and regulatory reporting, and data and technology considerations. This has […]

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CECL: A Competitive Advantage vs. Regulatory Burden

Referred to as one of the biggest changes ever to bank accounting, CECL, which takes effect in 2020, will require financial institutions to calculate the expected loss over the life of each loan and set aside reserves to cover those losses at the time of origination. It is projected that the industry may be forced […]

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