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News

Home » Keywords » CECL

Items Tagged with 'CECL'

ARTICLES

OBrien_Shawn_1200
Sponsored Content

Beating the CECL deadline—without analysis paralysis

These practical steps help credit unions get CECL compliant.


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CECL is coming: Are you ready?
Policy & Issues

FASB eliminates TDR requirements for CECL adoptees

The Financial Accounting Standards Board Wednesday agreed to a CUNA-supported update to the current expected credit loss (CECL) standard, eliminating Troubled Debt Restructuring (TDR) accounting requirements for entities upon adoption of CECL.
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Shawn O'Brien
Podcast|Sponsored Content

PODCAST: CECL made simple

Put a plan in place and take advantage of tools to streamline the process.
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Robby Holditch
Podcast|Sponsored Content

PODCAST: Digital lending

Consider key takeaways from the digitization of lending processes.
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NCUALogo
Policy & Issues

NCUA should finalize interest capitalization, CECL transition

NCUA should finalize pending rulemakings on the Capitalization of Interest in Connection with Loan Workouts and Modifications proposal, and the Transition to the CECL Methodology, CUNA wrote members of the NCUA board Thursday.
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Policy & Issues

CUNA backs CECL exemption for CUs under $10M in assets

CUNA supports NCUA’s proposed current expected credit loss (CECL) transition methodology, it wrote to the agency Monday. CUNA also strongly supports the proposal’s effective exemption of credit unions with less than $10 million in assets from CECL.
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CECL is coming: Are you ready?
Policy & Issues

NCUA CECL proposal highlights Oct. comment deadlines

Comments on NCUA’s current expected credit loss (CECL) proposal are among several comment deadlines for credit unions during October. CUNA calls on credit unions to submit comments and has prepared a summary of the proposal.
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Compliance: CECL implementation delay made official by FASB
Policy & Issues

CUNA meets with new FASB chair over CECL concerns

CUNA President/CEO Jim Nussle and Senior Director of Advocacy and Counsel Luke Martone met with new FASB Chair Richard Jones Thursday. CUNA previously wrote to Jones about the current expected credit loss (CECL) standard, which FASB implements, when he took over as chair July 1.

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2020-05-CECL_117869
Lending|Leadership

CECL preparations continue amid delays

Credit union leaders warn against falling behind on implementation of the new accounting standard.
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Is Your Credit Union Ready for CECL?
Sponsored Content

Is Your Credit Union Ready for CECL?

The FASB deadline for the new CECL accounting standard is just around the corner. Is your organization prepared?
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More Articles Tagged with 'CECL'
Credit Union Magazine: Summer 2022

Summer 2022

Credit Union Magazine’s Spring 2022 edition highlights inclusive lending, succession planning, fair lending and artificial intelligence, and the use of environmental, social, and governance (ESG) as a competitive differentiator.
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