Current Expected Credit Loss Training

The Minnesota Credit Union Network is partnering with CliftonLarsonAllen LLP to provide member credit unions with CECL (Current Expected Credit Loss) training.

 

The new allowance for loan loss standard - Current Expected Credit Losses (CECL) was issued final in June 2016 and will be effective in 2021.  Between now and then there are many options to consider. While there are numerous software packages that can help comply with CECL, this workshop will cover 3 of the options that can utilize an Excel spreadsheet to comply; historical loan losses, static pool analysis and year of vintage analysis.

 

Presentation Download link.

 

With questions, please contact MnCUN by email or by phone at 651-288-5170.

Minnesota Credit Union Network
555 Wabasha Street N, Suite 200
St. Paul, MN 55102

(651) 288-5170
(800) 477-1034