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

Abrigo

MAY 19, 2017

With the National Credit Union Administration issuing its final member business lending (MBL) ruling as of January 2017, credit unions are seeing increased flexibility in their lending limits. The investment in internal credit analysis processes also shows dedication by credit union management to staff development.

Credit Unions 60

Credit Unions Credit and Collections international credit Credit Risk 60

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 60

Credit Risk Credit Unions CECL international credit 60