Abrigo

JUNE 4, 2019

The Financial Accounting Standards Board’s new current expected credit loss (CECL) standard, known as one of the biggest changes to bank accounting. Because of the complexities and changes that CECL brings, there are many questions surrounding implementation, potential effects, and more. When does the CECL standard take place?

CECL 74

CECL Credit and Collections Credit Unions Default 74

Abrigo

DECEMBER 4, 2020

2023 CECL adopters vary in transition progress Financial institutions face considerable questions and obstacles in regard to their transition to CECL. You might also like this webinar on CECL in economic downturns. Luckily, it seems most financial institutions have remained committed to their CECL preparations.

CECL 78

CECL Credit Unions Credit and Collections 78

Abrigo

MAY 31, 2019

1564 , calling for a delay in the implementation of the Financial Accounting Standards Board’s current expected credit loss (CECL) standard. The bill would delay CECL until a “quantitative impact study can be completed to understand its likely effects it will have on the economy.” Thom Tillis (R-NC) introduced a bill, S.

CECL 60

CECL Credit and Collections Credit Unions 60

Abrigo

APRIL 22, 2024

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. Dynamic market Small business lending by banks & credit unions Small businesses are a pillar of the U.S.

Credit Unions 97

Credit Unions Small Businesses Credit and Collections Credit Risk 97

Abrigo

MAY 22, 2024

Recent stats and dynamics of the small business lending market Understanding the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. Dynamic market Small business lending by banks & credit unions Small businesses are a pillar of the U.S.

Credit Unions 78

Credit Unions Small Businesses Credit and Collections Credit Risk 78

FICO Blog

DECEMBER 8, 2022

This four-part series looks at embedding portfolio risk resilience into decisions across the credit lifecycle through targeted application of the FICO ® Resilience Index. Enhanced portfolio credit risk management loss forecasting accuracy. FICO Admin. Tue, 02/18/2020 - 14:57. by David Binder. Senior Director, Scores.

CECL 52

CECL Credit and Collections Credit Risk Default 52

Abrigo

DECEMBER 23, 2022

As financial regulators have  noted, th is oversight is important because of the potential for long-term complications in financial loss when models such as CECL models or ALM models are misused or incorrect. Liquidity risk Regulators expec t banks and credit unions to maintain adequate levels of liquidity. Lending & Credit Risk.

CECL 78

CECL Credit Unions Credit and Collections Credit Risk 78