NCUA webinar to cover Simplified CECL Tool

NCUA will conduct a free webinar Jan. 11 explaining how to use the agency’s Simplified CECL Tool. Online registration is now open, and the webinar is scheduled to begin at 2 p.m. Eastern.

Chris McGrath and Trey Damron from the NCUA’s Office of Examination and Insurance will review how the tool works and its latest update as well as discuss best practices.

The NCUA developed the Simplified CECL Tool primarily for use by credit unions with assets of less than $100 million.

This webinar will be archived on the NCUA’s Learning Management System following the live event. A Learning Management System account is required to view the archived webinar, and it also provides access to the NCUA’s other training and educational materials.

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