Abrigo

FEBRUARY 11, 2022

Firm deadline for CECL implementation set As expected, the FASB agreed to uphold CECL’s 2023 implementation date. You might also like " CECL Streamlined: A Webinar Series for 2023 Adopters". Takeaway 1 The FASB agreed to uphold the 2023 implementation date for those that haven’t yet adopted the CECL standard.

CECL 78

CECL Credit Unions Credit and Collections 78

Abrigo

FEBRUARY 14, 2024

Manage credit losses Monitoring risk changes in CRE loan portfolios The commercial real estate (CRE) landscape is in constant flux, but in recent months, several indicators signal shifts in risk and opportunity for financial institutions.

CECL 78

CECL Credit Risk Credit Unions 78

Abrigo

AUGUST 5, 2020

Key Takeaways This recession is significantly different than the 2008 financial crisis, creating a unique credit environment for financial institutions. Economic downturns alter the credit memo's content and process to capture credit risk. Portfolio Risk & CECL. Improving loan grading in a recession.

Credit Risk 78

Credit Risk CECL Credit Unions Default 78

Abrigo

NOVEMBER 8, 2019

Stress testing provides banks and credit unions with a unique opportunity to better manage their institution’s financial performance. . CECL-Compliant Calculations you don't have to second guess? Portfolio Risk & CECL. How Stress Test Results Can Yield Better Lending, Credit, and Risk Decisions. Now that's big.

CECL 60

CECL Credit Unions Credit Risk 60

Abrigo

OCTOBER 17, 2019

CECL-compliant calculations you don't have to second guess? Indeed, a 2008 analysis of multiple studies found that 88 percent of spreadsheet documents audited in those contained errors. Credit Risk. Portfolio Risk & CECL. Now that's big. Request a Demo. The problems with spreadsheets. Learn More. Learn More.

CECL 60

CECL Credit Unions Credit Risk 60

Abrigo

AUGUST 4, 2017

The above question is being asked by financial managers at banks and credit unions as the implementation of the FASB’s current expected credit loss model ( CECL ) approaches. It is critical for financial institutions to prepare for the effects that CECL will bring to their current spreadsheet based model.

CECL 60

CECL Credit Unions Default 60

Abrigo

APRIL 7, 2022

Experts answer CECL questions from 2023 adopters Participants in Abrigo's CECL Kickstart webinars asked consultants their questions leading up to the 2023 CECL implementation date. Takeaway 1 Financial institutions brought practical questions to Abrigo consultants during the CECL Kickstart webinar. . CECL Deep Dive.

CECL 78

CECL Credit Unions Credit Risk Default 78