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CECL Prep Guide: Implementation

The Current Expected Credit Loss (CECL) Model was finalized in 2016, but thanks to tiered adoption dates and delays, CECL implementation for community banks and credit unions may be just starting. This CECL implementation prep guide is a resource for institutions just starting out or for those already on their CECL journey. It covers the essentials of forming a CECL implementation committee, crafting a project plan, and illustrated timelines for expected loss implementation.

Download the guide to learn

  • Who to have on your CECL committee
  • Considerations for an implementation project plan
  • Example CECL implementation timelines