With the Current Expected Credit Loss (CECL) rule looming over and threatening your bottom line, it’s vital to start planning now. CECL provides a considerable amount of flexibility in implementation, making it difficult for credit unions to assess the options available. This session will help you tackle your implementation approach with confidence.
We teamed up with a group of renowned data scientists to test five CECL implementation models. In this session you’ll hear the results straight from the scientists, including impacts, accuracy, and complexity. You’ll deep dive into the pros and cons of each model so you can determine the best course of action for your implementation. And you’ll learn the factors you need to use to estimate the expected loss over a loan’s life, including historical loss information, current conditions, and forecasting models.
It’s can’t-miss information during Wednesday morning’s Executive Excellence session to help you make the best decision possible for your credit union.
Download the study in advance and bring your questions to the conference.