Abrigo

FEBRUARY 12, 2025

Consider hosting seminars and workshops on business planning and financial management, or partnering with local business incubators, universities, and economic development organizations to provide mentorship and financing guidance to small businesses. Make it easier to keep tabs on lending and credit risk trends and how Abrigo can help.

Small Businesses 78

Small Businesses Credit Unions Credit Risk Default 78

Abrigo

JANUARY 18, 2016

Why credit risk specialists should care about CECL. The credit risk group only supplied a small amount of historical data to the accounting side of the bank for ALLL. The new CECL guidance will put more emphasis on forward-looking data such as credit risk forecasts and trends. to 3:00 p.m. to 3:00 p.m.

CECL 60

CECL Credit Risk 60

Abrigo

JUNE 3, 2016

Understanding and documenting what is driving your institution’s credit risk today will be important when forecasting expected credit losses under CECL, not to mention that these actions minimize risk in the loans you’re underwriting today,” said Sageworks Executive Risk Management Consultant Tim McPeak.

Credit Unions 68

Credit Unions CECL Credit and Collections Accounting Firms 68

Abrigo

APRIL 21, 2020

Other staff are helping clients with additional needs during the crisis, including deferring loan payments, waiving fees, and hosting virtual financial wellness workshops. Lending & Credit Risk. Lending & Credit Risk. Lending & Credit Risk. SBA Lending. Learn More. Asset/Liability.

Small Businesses 78

Small Businesses Credit Risk Credit and Collections 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

OCTOBER 31, 2019

FASB staff reported on implementation workshops underway. . The current expected credit loss, or CECL, effective dates have been extended for all but the larger SEC filing institutions, correct? CECL workshops underway. Portfolio Risk & CECL. Lending & Credit Risk. Portfolio Risk & CECL.

CECL 60

CECL Credit Unions Credit Risk 60

Abrigo

MAY 31, 2017

This could include case study preparation, onsite training, web-conferencing, workshops with other institutions and ongoing User Groups. While a credit union may be pressured into sweeping changes and investment to keep pace with competitors, ultimately, the institution must select a technology strategy that matches their objectives.

Credit Unions 60

Credit Unions Credit Risk 60