CECL Help

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14 02, 2019

Banking Banking Lines Up Front (BLUF) – Week of February 14, 2019

By |2019-02-14T18:55:59-05:00February 14th, 2019|Financial, News, Trends|0 Comments

President Eisenhower once said, "Neither a wise man nor a brave man lies down on the tracks of history to wait for the train of the future to run over him." January 1, 2022 will be here before we know it. Banks see "data requirements" and immediately think a software solution will solve everything. That [...]

10 07, 2018

Understanding Your Options for CECL Compliance

By |2018-07-11T08:43:54-05:00July 10th, 2018|Advice, Exams, News, Regulations, Trends|0 Comments

The day is coming - December 31, 2021. That is the deadline for Current Expected Credit Loss (CECL) to be implemented for privately held community banks. As we broach this topic with bankers, there seems to be two options that are available. At the end of this paper, we’ll provide a third option that [...]