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Independent Loan Review & Credit Risk Review System Objectives

Abrigo

AUGUST 8, 2021

An effective independent loan review system has always been critical for managing a financial institution’s credit risk and accurately estimating the allowance for loan and lease losses, or ALLL. Larger or more complex institutions might have credit risk review functions entirely separate from their lending functions.

Credit Risk 78
Credit Risk Credit Unions CECL Credit and Collections 78
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A Strong Loan Review System Is Good for Your Business

Abrigo

NOVEMBER 15, 2019

But beyond making it easier to pass examiners’ scrutiny, is a strong loan review system good for your bank or credit union’s business? Effective credit risk review promotes lending agility. Absolutely, says Ancin Cooley, Principal with Synergy Bank Consulting and Synergy Credit Union Consulting. Credit Risk.

Credit Unions 60
Credit Unions Credit Risk CECL international credit 60
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