NCUA Trying to Simplify CECL Calculations
The NCUA announced September 14 it has developed a tool that is intended to assist credit unions in complying with the new Current Expected Credit Loss (CECL) rule reports CUCollaborate’s David Baumann.
Now You Know Your ALMs
It’s Financial Literacy Month and Esteban Camargo is here to teach you how to sing your ALMs. Part one is a veritable alphabet soup of credit union acronyms and terms that might be confusing.
CUNA Renews Call to Exempt Credit Unions from CECL
CUNA last week renewed its effort to convince the Financial Accounting Standards Board to amend the controversial Current Expected Credit Losses standard, contending that credit unions should not have to comply with it, reports David Baumann of the Washington Credit Union Daily.
