{"id":5098,"date":"2024-04-16T09:31:18","date_gmt":"2024-04-16T14:31:18","guid":{"rendered":"https:\/\/www.ncultheaffiliate.com\/?p=5098"},"modified":"2024-04-16T09:31:18","modified_gmt":"2024-04-16T14:31:18","slug":"ncua-releases-updates-to-its-simplified-cecl-tool","status":"publish","type":"post","link":"https:\/\/www.ncultheaffiliate.com\/?p=5098","title":{"rendered":"NCUA Releases Updates to its Simplified CECL Tool"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px|||||&#8221;][et_pb_row _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;1px|||||&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221;][et_pb_text _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221;]<\/p>\n<p>The NCUA has released updates to its Simplified CECL tool as credit unions prepare for their Q1 Call Report submissions. For those credit unions who use the tool, it&#8217;s critical to always use the updated tool to ensure accurate measurement of credit loss estimates. You can access the agency\u2019s CECL Resources page <a href=\"https:\/\/vacul.us4.list-manage.com\/track\/click?u=012903aa9a128f65fa4d45dc9&amp;id=c5938e427e&amp;e=c6b9d98fe2\"><strong>here\u00a0<\/strong><\/a>.<\/p>\n<p><img loading=\"lazy\" class=\"wp-image-702  aligncenter\" src=\"http:\/\/www.ncultheaffiliate.com\/wp-content\/uploads\/2012\/12\/ncua.jpg\" alt=\"\" width=\"315\" height=\"130\" srcset=\"https:\/\/www.ncultheaffiliate.com\/wp-content\/uploads\/2012\/12\/ncua.jpg 550w, https:\/\/www.ncultheaffiliate.com\/wp-content\/uploads\/2012\/12\/ncua-300x123.jpg 300w\" sizes=\"(max-width: 315px) 100vw, 315px\" \/><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n  ","protected":false},"excerpt":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px|||||&#8221;][et_pb_row _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;1px|||||&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221;][et_pb_text _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221;] The NCUA has released updates to its Simplified CECL tool as credit unions prepare for their Q1 Call Report submissions. For those credit unions who use the tool, it&#8217;s critical to always use the updated tool to ensure accurate measurement of credit [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=\/wp\/v2\/posts\/5098"}],"collection":[{"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5098"}],"version-history":[{"count":0,"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=\/wp\/v2\/posts\/5098\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}