Abrigo

JULY 26, 2021

The Scaled CECL Allowance for Losses Estimator (SCALE) tool was unveiled This tool is allowed only for banks under $1 billion as they transition to CECL. . Would you like other articles like this in your inbox? CECL SCALE is an Excel spreadsheet-based tool. Starting Point". Learn more. How it Works. Be Prepared.

CECL 78

CECL Credit and Collections Credit Risk Credit Unions 78

Abrigo

JULY 12, 2021

Q Factors under CECL and How They Will Compare Understanding the quantitative side of the CECL calculation is the start to applying qualitative adjustments under CECL. Would you like other articles on CECL and Q Factors in your inbox? Popular CECL Topic. What will happen to Q factors?'. You’re not alone.

CECL 78

CECL Credit Unions Credit Risk 78

Abrigo

SEPTEMBER 22, 2021

CECL disclosure requirements for 2023 filers and others New disclosures are required under CECL in some cases. See below for key takeaways of this article. Stay updated on all things CECL. PCD Disclosures Some disclosures are the same, but disclosures tied to PCD accounting and AFS debt securities are changing under CECL.

Credit Unions 78

Credit Unions CECL Credit Risk 78

Abrigo

JULY 28, 2021

Would you like other articles like this in your inbox? Takeaway 1 Allowance levels jumped in Q1 2020 for SEC filers due to the transition to CECL and the start of the pandemic, but FIs began releasing reserves in Q1 2021 as conditions improved. Haven't adopted CECL yet? COVID-19 and CECL. allowance under CECL.

CECL 78

CECL 78

Abrigo

JULY 28, 2017

In a recent webinar for credit union executives, Danny Sharman a risk management consultant with Sageworks addressed loan data for these institutions, especially as they look toward the currect expected credit loss model (CECL) that will be required for the allowance for loan and lease losses (ALLL).

Credit Unions 60

Credit Unions CECL Credit and Collections 60

Abrigo

DECEMBER 31, 2019

Key Takeaways Risk management practices were on the minds of bankers in 2019 Some of the most popular blog posts of 2019 were about stress testing and CECL. Concerns over an economic slowdown and the transition to the current expected credit loss model, or CECL, put risk management practices on the minds of many bankers.

CECL 60

CECL Credit Unions Default Credit Risk 60

Abrigo

AUGUST 1, 2022

Best practices for assessing models and managing risk Sound model development, implementation, use, and validation is especially important as CECL models debut. . Would you like other articles like this in your inbox? Learn four steps for integrating CECL and other risk management models. Validation teams.

CECL 78

CECL Credit Unions Credit Risk 78

Abrigo

JUNE 11, 2021

Would you like other articles on asset/liability management in your inbox? Portfolio Risk & CECL. CECL Models. Portfolio Risk & CECL. CECL Models. Portfolio Risk & CECL. How to Measure Interest Rate Risk Effectively in Banks & Credit Unions. Learn More. Asset Liability Modeling. Learn More.

Credit Unions 78

Credit Unions CECL Credit Risk 78

Abrigo

AUGUST 2, 2023

You might also like this on-demand webinar, "Stress testing & CECL efficiencies." This article outlines a structured approach to ensuring management can confidently answer inquiries about the health of their CRE segments and related credit performance. What factors are changing in your CECL model to elicit these reactions?

CECL 78

CECL Credit Risk Credit Unions 78

Abrigo

APRIL 24, 2025

Concentration risk management framework Credit concentrations should not necessarily be avoided by bankers because doing so may neglect the banking needs of their community members, the article said. However, the degree and level of credit concentrations affect a banks risk profile.

Credit Unions 78

Credit Unions Credit Risk Credit and Collections Dashboards 78

Abrigo

AUGUST 30, 2024

You might also like these popular resources on interest rate risk, liquidity, and CECL. Would you like other articles like this in your inbox? Prepare now for potential changes to FHLBs Capital rules and membership criteria are among the areas where banks could see changes in how the Federal Home Loan Bank system operates.

CECL 78

CECL Credit Risk 78

Abrigo

DECEMBER 22, 2023

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. In this article, lending and credit risk expert Dev Strischek of Devon Risk Advisory Group outlined the keys to construction loan success.

Credit Risk 88

Credit Risk Credit Unions Dashboards CECL 88

Abrigo

JANUARY 1, 2015

The writer of the article, Rob Blackwell, says: “It''s an idea that seems long overdue — the creation of a single regulatory management office designed to centralize how a bank responds to the different data and supervisory mandates issued by federal and state regulators.

CECL 68

CECL 68

Abrigo

DECEMBER 23, 2022

Would you like other articles like this in your inbox? Th e article is intended for the ALM rookie who wants to understand ALM basics: the process and its usefulness. Portfolio Risk & CECL. CECL Accounting. Portfolio Risk & CECL. Click on the link next to the number to access each resource. Learn More.

CECL 78

CECL Credit Unions Credit and Collections Credit Risk 78

Abrigo

NOVEMBER 29, 2021

This article looks at trends in growth and composition as well as legal, regulatory, and competitive pressure on noninterest earnings. million customers over "deceptive" overdraft enrollment practices between 2014 and 2018, Banking Dive noted in a recent article about growth in overdraft fees. Portfolio Risk & CECL.

CECL 78

CECL Credit Unions 78

Abrigo

MAY 24, 2024

Would you like other articles like this in your inbox? The FedNow Service enables community financial institutions to stay competitive by meeting instant payment demands. Implement it smoothly with these tips on preparing for FedNow.

Credit Unions 97

Credit Unions CECL Credit Risk Transactions 97

Abrigo

APRIL 20, 2016

One of the changing regulations is FASB’s move to a current expected credit loss (CECL) model. During recent Sageworks webinars, attendees were asked about their CECL preparations and data adequacies. In November of 2015, more than 400 attendees were asked about what their institution was currently doing to prepare for CECL.

CECL 60

CECL Credit Unions Credit and Collections 60

Abrigo

JANUARY 19, 2015

The BASEL Committee, in a January 2014 article , acknowledged four components of a capital planning process: 1. Internal control and governance 2. Capital policy and risk structure 3. Forward-looking review 4. Management framework for preserving capital.

Credit Unions 89

Credit Unions CECL Credit Risk 89

Abrigo

JUNE 27, 2024

Would you like other articles like this in your inbox? Read this blog to learn the definition of structuring, why it is illegal, and some examples of structuring scenarios that can help banks understand customer behavior and intent.

Transactions 88

Transactions CECL Credit Unions Credit Risk 88

Abrigo

APRIL 11, 2025

This article covers these key topics: Hindrances to sound loan review scoping What loan review should be able to do How to stop scoping like it's 1985 Bringing your loan review scope into 2025 Determining the scope of a financial institutions loan review is the foundation of an effective loan review process.

Credit Risk 78

Credit Risk CECL 78

Abrigo

OCTOBER 17, 2023

This article describes recent comments by financial regulators about managing change. Supervisory priorities Banking examiners to focus on managing change As banks and credit unions face an ever-evolving landscape that requires adaptability and innovation, they would be wise to take stock of their change management processes.

Credit Unions 78

Credit Unions CECL Credit Risk Dashboards 78

Abrigo

NOVEMBER 17, 2023

This article explains why seeking a quicker loan origination system workflow can be worth it, and it outlines, step by step, where opportunities for improvement lie in traditional lending processes.

Credit Unions 88

Credit Unions CECL Credit Risk Credit and Collections 88

Abrigo

JUNE 5, 2023

However, other reports beyond the scope of this article can help a financial institution and its directors assess and plan. All the reports above highlight areas that are especially key to monitor considering recent bank failures: capital, growth, and liquidity.

Credit Unions 78

Credit Unions CECL Credit Risk Dashboards 78

Abrigo

JULY 31, 2022

This article provides a brief review of major survey findings and variables between 2019 (pre-pandemic) and 2021 (post-pandemic?), CECL Models. Portfolio Risk & CECL. Beyond CECL: Stress Testing, ALM, and Financial Planning. based on the comparison. Download "6 Reasons to update your core deposit analysis.".

CECL 78

CECL 78

Abrigo

JUNE 8, 2021

Would you like others articles like this in your inbox? CECL Models. Portfolio Risk & CECL. Real consequences from OFAC sanctions violations OFAC compliance has increased in complexity and clarity with guidance released within the past few years and institutions need to take notice to avoid penalties. learn more. Learn More.

CECL 78

CECL Trust Companies Credit Risk Transactions 78

Abrigo

SEPTEMBER 20, 2023

Would you like other articles like this in your inbox? Understanding tax ID fraud FinCrime professionals looking to prevent tax ID fraud, first need to understand the fundamentals of what is happening and their best recourse for prevention.

CECL 78

CECL Credit Risk Transactions 78

Abrigo

AUGUST 8, 2021

Would you like other articles on loan review in your inbox? This article is substantially updated from a 2013 blog post. Independent Loan Review Systems in Banking Banking regulators have outlined expectations for effective, independent loan review and credit risk review. .

Credit Risk 78

Credit Risk Credit Unions CECL Credit and Collections 78

Abrigo

FEBRUARY 1, 2023

Get more articles like this in your inbox. Inverting yield curve An inverting yield curve is defined as a curve where short-term interest rates are higher than long-term rates. Investors are not receiving financial compensation for the risk of time in their investments. This can also be referred to as a negative yield curve.

CECL 78

CECL Credit Risk 78

Abrigo

JULY 14, 2023

Would you like other articles like this in your inbox? in CECL calculations and loan performance), but stale information is not the best to use for strategic planning. Takeaway 1 Exactly what information is needed to evaluate the viability of identified short- and long-term goals? Learn more about Abrigo Connect.

Credit Unions 78

Credit Unions CECL Dashboards Revenue Recognition 78

Abrigo

OCTOBER 21, 2019

The following article was first published in ABA Banking Journal on October 17, 2019. Portfolio Risk & CECL. Portfolio Risk & CECL. Cybersecurity | 4 minute read Key Takeaways Third-party/vendor risk management is becoming increasingly challenging with more cloud-based providers. Asset/Liability. Credit Risk. Learn More.

Cybersecurity 60

Cybersecurity CECL Credit Risk 60

Abrigo

NOVEMBER 4, 2015

Prior to the effective date, those 16 credit unions will need to reduce the risk on their balance sheets, raise capital to cover the risks or employ some combination of reducing risk and raising capital.

Credit Unions 60

Credit Unions CECL 60

Abrigo

FEBRUARY 23, 2022

Would you like other articles like this in your inbox? Portfolio Risk & CECL. Loan Decisioning Allows Small Business Lending to Grow Community financial institutions can leverage automated loan underwriting to increase small business lending and achieve consistency. . Learn More. Lending & Credit Risk. Learn More. Learn More.

Small Businesses 78

Small Businesses Credit Unions Credit Risk CECL 78

Abrigo

JULY 12, 2021

Would you like others articles like this in your inbox? Portfolio Risk & CECL. The agency recently completed their three-day June plenary. They addressed some of the most pressing illicit financial issues the world faces today. . BSA Rules and Regulation. BSA Training. FATF Releases New Guidance on Key AML/CTF Concerns. Learn More.

CECL 78

CECL Credit Risk 78

Abrigo

JULY 9, 2021

Would you like others articles like this in your inbox? Portfolio Risk & CECL. Managing multiple vendors can be complex and expensive. It's important to consider hidden costs, like time and resources, associated with multi-vendor relationships. Lending & Credit Risk. Hidden Costs of Managing Multiple Vendors. Learn More.

Credit Unions 78

Credit Unions CECL Credit Risk 78

Abrigo

JUNE 7, 2021

Would you like other articles on ALM in your inbox? Financial institutions are already calculating the allowance for loan and lease losses (ALLL) or the allowance for credit losses (ACL) under the current expected credit loss model, or CECL.

Credit Unions 78

Credit Unions Credit Risk CECL 78

Abrigo

APRIL 28, 2022

Dave Koch, Director of Abrigo Advisory Services, also contributed to this article. Portfolio Risk & CECL. You might also like this webinar, "Analyzing Core Deposits for Risk Management & Loan Growth." Takeaway 1 Strategically focused financial institutions understand the benefit of regularly updating core deposit analytics.

Credit Unions 78

Credit Unions CECL Credit Risk 78

Abrigo

JULY 16, 2021

Would you like others articles like this in your inbox? Portfolio Risk & CECL. FinCEN Releases 8 AML/CFT Priorities These priorities were published June 30, 2021, highlighting several areas of heightened risk for the U.S. financial system. BSA Rules and Regulation. BSA Training. FATF Releases New Guidance on Key AML/CTF Concerns.

Credit Unions 78

Credit Unions Cybersecurity CECL Credit Risk 78