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Credit Unions: Actionable Steps to Prepare for CECL Today

FASB’s guidance for estimating expected credit losses will not require a journal entry until fiscal year-ends beginning after mid-December 2020. However, success at that point is predicated on decisions made yesterday and today. In this webinar, Sageworks walks credit unions through an action plan that includes practical steps.

Watch the webinar to:

  • Take an active look at the new accounting standard (ASU 2016-13/CECL)
  • Discuss common shortfalls, remediation steps, best practices and potential balance sheet impact
  • Share an action plan for a sound CECL compliance foundation

Looking for Banker’s Toolbox? You are in the Right Place!

Banker’s Toolbox is now Abrigo, giving you a single source for all your enterprise risk management needs. Use the login button here, or the link in the top navigation, to log in to Banker’s Toolbox Community Online.

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MainStreet Technologies is now Abrigo, giving you a single source for all your enterprise risk management needs. Use the contact us button here, or the link in the top navigation, to reach product support for your MST products.

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Abrigo acquires construction loan management solutions

Coupled with our lending suite, Construct and +Pay from BankLabs enable end-to-end automated residential/commercial construction loans.

Read the press announcement

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