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Preparing for CECL

August 31, 2015
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Recommended Reading: “Preparing for CECL” by Adam Thomas and Walter McNairy of DHG Financial Services considers the key differences between the current incurred loss and proposed expected loss models for estimating the ALLL. As the financial services industry awaits the CECL release, Thomas and McNairy argue that, “…it is prudent for all entities to understand the impact and prepare for implementation.” Read more

The best time to plant a tree was 20 years ago. The second best time is now.

– Chinese Proverb

MST provides a variety of levels of support to banks preparing for CECL, from consulting services to helping a bank in the transition from its current ALLL model to implementing an automated solution for estimating the ALLL. Contact MST to learn more or for a demonstration.

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