Abrigo

AUGUST 12, 2020

Key Takeaways The coronavirus pandemic has upended financial institutions' long-term business strategies, but now FIs have an opportunity to consider how consolidation can create greater efficiencies and better results – especially in the area of CECL and valuation calculations. Misconceptions of relating valuation calculations and CECL.

CECL 78

CECL Credit Unions Default Credit Risk 78

Abrigo

OCTOBER 31, 2019

CECL | 6 minute read Key Takeaways The FASB affirmed plans to extend deadlines for CECL implementation; a final vote is expected in November. The current expected credit loss, or CECL, effective dates have been extended for all but the larger SEC filing institutions, correct? CECL workshops underway.

CECL 60

CECL Credit Unions Credit Risk 60

Abrigo

AUGUST 2, 2017

In the 13 months since the Financial Accounting Standards Board (FASB) finalized its new standard on accounting for credit losses, ASU 326, financial institutions have been preparing to implement what has been labeled by some industry figures as the biggest change ever to bank accounting.

CECL 60

CECL Credit Unions Credit Risk 60

Abrigo

JUNE 30, 2022

Why loan betas often don’t match rising rates Looking at some actual experience in the 2016-2019 rising-rate environment reveals that a beta of 1 is probably not the best assumption; the actual rate response to rising rates is often less than 100%. Portfolio Risk & CECL. Credit Risk Management. Loan Pricing.

CECL 78

CECL Credit Risk 78

Abrigo

JANUARY 19, 2022

However, we believe that smaller margins are a fact of life for us - the most recent rising rate environment of 2016-2019 had almost no effect on raising net interest margins. Loss Allowance Rates – High-performing institutions do not necessarily have lower credit risks. Lending & Credit Risk. keep me informed.

Credit Unions 78

Credit Unions Credit Risk CECL Transactions 78

Abrigo

JULY 6, 2017

Why You Should Join Us The Summit offers actionable insights that apply across the whole institution, spanning business development through portfolio risk management in a CECL world. No other conference educates on the full life-of-the-loan concept.

CECL 60

CECL Credit Risk Credit Unions 60

Abrigo

FEBRUARY 3, 2020

One challenge at a lot of banks and credit unions, however, is that a substantial chunk of the IT budget is tied up in technology infrastructure and maintenance and therefore, cannot be used for those new initiatives. Portfolio Risk & CECL. CECL Methodologies. Credit Risk Regulation. Asset/Liability.

CECL 60

CECL Credit Unions Cybersecurity Credit Risk 60

Abrigo

JUNE 15, 2023

Since 2016, the Financial Crimes Enforcement Network (FinCEN), as authorized under the Bank Secrecy Act (BSA), has issued Geographic Targeting Orders (GTOs) to detect money laundering and other illicit activity through real estate purchases. However, the U.S. Navigate your BSA exam with tips from this on-demand webinar.

Credit Unions 78

Credit Unions Credit and Collections CECL Transactions 78