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Webinar Calendar

Our League webinars offer training on topics for all aspects of credit union operations. You'll have the choice to participate in the live webinar only, purchase the recorded webinar or both. Included with all League webinars are the training log, quiz and answer key. 

Download a printable list of upcoming 2019 webinars >>

From time-to-time our webinar calendar will also show webinars from system partners. This is done as a courtesy to further your learning options and you should contact the system partner for details on those webinars.


What Directors Should Know About CECL, ALLL & the New Credit Impairment Standards

This webinar will address using this data today for stress testing and portfolio management. This webinar will provide the most up-to-date regulatory and industry guidance for your financial institution to stay on track with CECL implementation over the new timeline.

Sep 26, 2019 02:00 PM   -­­  Sep 26, 2019 03:30 PM
CT
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Type of Event
Webinar

Who Should Attend
  • Live Webinars
  • Board Member

Register

Description

Now that FASB has kicked the CECL can down the road until January 2023, can credit unions simply move on to other matters? The temptation to ignore CECL is certainly strong. However, CECL represents one of the biggest changes in a generation regarding how financial institutions evaluate, calculate, and determine the allowance for loan losses. In addition to methodology changes, there will be a short-term impact to capital, which must be considered as part of capital planning. Today you should be collecting data to be ready for CECL. The data you collect is an important tool for your organization beyond CECL.

This webinar will address using this data today for stress testing and portfolio management. This webinar will provide the most up-to-date regulatory and industry guidance for your financial institution to stay on track with CECL implementation over the new timeline. Learn about your responsibility as a director to understand the appropriate level of reserves, as well as FASB’s new definition called Small Reporting Companies (SRCs) and how that applies to your institution.

Learning Objectives

  • Up-to-the-minute CECL status 
  • CECL primer 
  • How does CECL compare to your current methodology? 
  • What is CECL’s impact on your capital level? 
  • What you should be doing now to get ready for CECL 
  • Using the data you collect for portfolio management 
  • What questions should you ask at board meetings? 

Speaker

Bob Viering, Young & Associates, Inc.

Investment

$259.00

Live and recorded webinar, handouts, quiz with answer key and training log are included.