CECL Is Upon Us: Now What?
We’ve been talking about CECL for nearly 6 years, and implementation is finally upon. By now, you’ve likely decided upon a methodology, doing it in-house vs. 3rd party vendor, etc. For most community banks, CECL implementation should not take re-creating the wheel. Yet many institutions are concerned about the significant changes coming, and now it’s time to actually implement. This session will cover lessons learned from assisting nearly 300 community banks over the last few years, with the goal of easing the burden upon implementation.