CECL trainings coming in September!
September 5th – Midwest Chapter meeting *register with the chapter
September 6th – Omaha (NCUL) and/or Lincoln (LincOne FCU) REGISTER
Current expected credit loss. CECL. Much has been said about how it changes the ALLL calculation, but a tremendous amount of uncertainty remains for many credit unions—especially less complex institutions. In this nuts-and-bolts seminar, we will boil the requirements down to their essentials, and demonstrate how credit union employees can incorporate the average life of their loans and utilize a reasonable and supportable forecast, all from the comfort of their own computers.
*This session is geared toward smaller credit unions. More CECL will be covered at the Compliance Conference in October for larger CUs.
**Due to the complex nature of the material, there will NOT be a teleconference option.
Presenter: Stephen Nelson has worked in the credit union industry for 19 years, spending most of his time at the Utah Credit Union Association, presenting about and consulting with credit unions on many hot-button topics: strategic planning, business continuity, data analytics, cyber security, volunteer duties, and now CECL.