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 Credit Risk Default 78

Abrigo

FEBRUARY 12, 2021

Preparing for 2023 While community banks have until 2023 until they must comply with CECL, there is likely less time than expected. . 2023 CECL Deadline? Takeaway 1 "Analysis paralysis" and the pandemic have put CECL on the backburner for many CFIs. Each quarter represents an opportunity to refine the CECL model prior to 2023.

CECL 78

CECL Credit Risk 78

Abrigo

FEBRUARY 14, 2024

Applying adverse scenarios while conducting stress tests or sensitivity analysis helps banks adjust risk management processes, capital planning, liquidity management, collateral valuation processes, and workout procedures to prepare for credit risk problems before they impact earnings and capital.”

CECL 78

CECL Credit Risk Credit Unions 78

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

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

MARCH 21, 2024

Valuation, CECL , and Income Recognition (Day 2) are interconnected. Partnering with a fair value firm can be a game-changer for credit union mergers. Adopt a straightforward format for post-CECL fair value disclosures and valuations with this whitepaper.

Credit Unions 88

Credit Unions CECL Credit Risk Transactions 88

Abrigo

JUNE 1, 2020

Key Takeaways CFOs have numerous considerations related to the impact of the coronavirus pandemic on the allowance for credit losses, whether it is calculated under the incurred-loss model or CECL. Even banks that remain on the incurred-loss model and have a 2023 deadline should not lose sight of CECL. CECL delay and updates.

CECL 78

CECL Credit Risk Small Businesses 78

Abrigo

JANUARY 24, 2024

How will the acquired portfolio impact your CECL calculations and processes? For example, adopting the current expected credit loss standard (CECL) required a well-planned strategy and ample time dedicated to the operational and technical transition.

CECL 78

CECL Credit Risk 78

Abrigo

OCTOBER 10, 2023

How industry analysis can improve your credit risk management Understanding your customers' businesses leads to better loan pricing, structure, and risk management. You might also like this webinar series, "Tackling common credit risk questions during challenging times." Get more credit risk best practices.

CECL 78

CECL Credit Risk Credit Unions Small Businesses 78

Abrigo

OCTOBER 9, 2019

Stress Testing | 6 minute read Key Takeaways Stress testing is a useful tool to help guide CECL decisions. It also provides guidance for the impact of the new accounting standard, Current Expected Credit Losses (CECL), on the portfolio. CECL-Compliant Calculations you don't have to second guess? The top-down approach.

CECL 60

CECL Transactions Credit Risk 60

Abrigo

OCTOBER 17, 2023

Keep me informed Speak to an advisor Blog Credit Risk Management Lending & Credit Risk Loan Review and Due Diligence Member Business Lending Portfolio Risk & CECL Four ways to evaluate your loan review department’s effectiveness Learn More Blog Abrigo Data Center AML/CFT Asset/Liability Fraud Prevention Lending & Credit Risk Portfolio Risk (..)

Credit Unions 78

Credit Unions CECL Credit Risk Dashboards 78

Abrigo

SEPTEMBER 17, 2024

Rate cuts may introduce pressure, but with the right strategies in place, banks and credit unions can effectively manage interest rate risk and continue to serve their communities. This blog post was written with the assistance of ChatGPT, an AI language model, and was reviewed by Abrigo. Make informed decisions faster.

CECL 88

CECL Credit Unions Credit Risk 88

Abrigo

JANUARY 30, 2024

The Credit + Lending + Portfolio Risk track will cover topics on managing credit risk, making smarter loans faster, managing the current expected credit loss (CECL), stress testing, and asset/liability management (ALM).

CECL 78

CECL Credit Unions Credit Risk Cybersecurity 78

Abrigo

MAY 24, 2024

This blog outlines five essential steps and considerations for an effective FedNow implementation. The FedNow Service is designed to enable instant payments, offering institutions an opportunity to enhance their service offerings and improve customer satisfaction. To ensure a smooth transition, financial institutions need to be well-prepared.

Credit Unions 97

Credit Unions CECL Credit Risk Transactions 97

Abrigo

JUNE 27, 2024

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. How does your AML program detect structured cash transactions? Would you like other articles like this in your inbox?

Transactions 88

Transactions CECL Credit Unions Credit Risk 88

Abrigo

JUNE 28, 2024

According to a recent poll by Abrigo, 56% of financial institutions expressed heightened concerns about managing interest rate risk this year. This blog will explore practical strategies for managing interest rate risk. Managing interest rate risk is a complex but essential task for community banks.

CECL 78

CECL Credit Unions Credit Risk 78

Abrigo

OCTOBER 28, 2022

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. You might also like this video, "A look at credit risk in a rising-rate environment." CRE loan accommodations.

Credit Unions 78

Credit Unions Credit Risk CECL Credit Management 78

Abrigo

JULY 30, 2020

Regulators will have elevated interest in credit risk and the resulting impact in the months ahead. Consider utilizing the same advisor for any stress testing or credit-focused capital planning as for estimating the allowance for loan and lease losses. Portfolio Risk & CECL. CECL Accounting. CECL Models.

CECL 99

CECL Credit Unions Credit Risk Default 99

Abrigo

APRIL 12, 2023

Building a strong credit review process A critical element of monitoring is an organization’s credit risk rating system. This blog will examine credit review in more detail. DOWNLOAD Takeaway 1 Loan review, or credit review, must be timely, thorough, and accurate to meet regulatory requirements.

Credit Risk 78

Credit Risk Credit and Collections CECL 78

Abrigo

MAY 17, 2017

The importance of a sound risk rating process continues and possibly grows in the coming years as financial institutions grapple with the increased emphasis on estimating credit losses. At the end of the day, the risk rating is the one indicator of risk that exists in a portfolio.

CECL 68

CECL Credit Risk Credit Unions 68

Abrigo

OCTOBER 21, 2020

This post by Hayley Collier , Trepp's Marketing Communication Specialist, was originally published on Trepp's blog and can be found here. Credit Risk Management. Lending & Credit Risk. Lending & Credit Risk. Portfolio Risk & CECL. Credit Risk Management.

CECL 125

CECL Credit Risk Default 125

Abrigo

DECEMBER 23, 2022

Blog posts to help your asset/liability management (ALM) staff strategize for the future These ALM posts were the most popular in 2022. Our top ten blogs were created by Abrigo's team, which includes former bankers, regulators, and industry experts. Would you like other articles like this in your inbox? For rookies and experts.

CECL 78

CECL Credit Unions Credit and Collections Credit Risk 78

Abrigo

SEPTEMBER 7, 2023

Takeaway 3 Consider five examples of lender dashboards to improve workflow efficiency and monitor credit risks. Banking intellligence Accessing lending/credit data for insights In the world of lending, where fortune favors the informed, one of a financial institution’s most crucial assets is the data at its disposal.

Dashboards 78

Dashboards Credit Unions Credit Risk CECL 78

Abrigo

JANUARY 27, 2020

Key Takeaways Make sure your credit union is filing SARs and CTRs properly. Strengthen credit risk by improving your credit union's loan underwriting standards. The agency published its 2020 supervisory priorities to help credit unions prepare for their next exam. Strengthen credit risk by improving underwriting.

Credit Unions 78

Credit Unions Cybersecurity CECL Credit Risk 78

Abrigo

DECEMBER 14, 2023

Learn to identify emerging CRE credit risk red flags. Learn to identify emerging CRE credit risk red flags.

Credit Risk 88

Credit Risk Dashboards Credit and Collections CECL 88

Abrigo

APRIL 7, 2023

Learn best practices for managing a high-performing construction loan portfolio Keep me informed Watch Webinar Blog Lending & Credit Risk Loan Review and Due Diligence Building a business case for loan review automation Learn More Blog C&I Loans Construction Lending Credit Risk Management Credit Risk Regulation Lending & Credit Risk Loan (..)

Credit Risk 78

Credit Risk CECL 78

Abrigo

AUGUST 16, 2016

In early June, Sageworks hosted a Current Expected Credit Loss (CECL) Workshop Series webinar and asked the attendees “Given what we know about CECL, what area do you feel will see the largest impact?”

CECL 68

CECL Credit Risk 68

Abrigo

JUNE 19, 2020

Credit risk operations, such as the allowance and stress testing, are not exempt. When making allowance for loan and lease loss (ALLL) or allowance for credit loss (ACL) calculations, financial institutions must consider the uncertainty presented during our current economic and societal times. CECL vs. ILM. learn more.

CECL 78

CECL Credit Risk 78

Abrigo

JUNE 4, 2024

Want to find out how Abrigo's award-winning software and services can help your financial institution ?

Credit Unions 88

Credit Unions CECL Credit Risk Transactions 88

Abrigo

JANUARY 18, 2016

Are you ready for CECL? The Financial Accounting Standards Board (FASB) is expected to release final guidance in Q1 for the current expected credit loss ( CECL ) model. Why credit risk specialists should care about CECL. Part two will give examples of methodologies and review pros and cons of each.

CECL 60

CECL Credit Risk 60

Abrigo

JANUARY 25, 2021

The FinCrime track will focus on BSA/AML and fraud detection topics, while the Credit + Lending track will cover topics on managing credit risk and making smarter loans, faster. Lending & Credit Risk. Portfolio Risk & CECL. Lending & Credit Risk. Learn More. Register Now.

CECL 78

CECL Credit Risk 78

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 11, 2021

Learn more about how to navigate risks facing financial institutions with this webinar series, "Managing Liquidity Risk and Profitability". Portfolio Risk & CECL. How to Measure Interest Rate Risk Effectively in Banks & Credit Unions. CECL Models. Credit Risk Management.

Credit Unions 78

Credit Unions CECL Credit Risk 78

Abrigo

NOVEMBER 2, 2022

Lending & Credit Risk. Credit Risk Management. Credit Risk Regulation. Lending & Credit Risk. Portfolio Risk & CECL. Lending & Credit Risk. Keep me informed. Watch Webinar. Construction Lending. Learn More. C&I Loans. Construction Lending.

Credit Risk 78

Credit Risk CECL Credit and Collections 78

Abrigo

SEPTEMBER 24, 2015

The Financial Accounting Standard Board’s proposed move to the current expected credit loss, or CECL, is top of mind for many of the bankers and industry experts attending the 2015 Risk Management Summit presented by Sageworks. In the meantime, though, he said institutions should be gathering data now. We have tons of data.

CECL 84

CECL Credit Unions Credit and Collections Credit Risk 84

Abrigo

AUGUST 24, 2023

And our partnership with Derivative Path streamlines the origination of customer swaps and increases non-interest income for financial institutions. Blog Asset/Liability Credit Risk Management Lending & Credit Risk Q&A: What “higher for longer” interest rates mean for U.S.

Credit Risk 78

Credit Risk CECL Credit Unions 78

Abrigo

JUNE 3, 2016

The Financial Accounting Standards Board’s (FASB) long-awaited final guidance on its new standard for measuring expected credit losses is expected to be released in June, a step that will be a major milestone in the multi-year development of the current expected credit loss (CECL) model. It is available by replay here.

Credit Unions 68

Credit Unions CECL Credit and Collections Accounting Firms 68