NCUA updates CECL tool for period ending Sept. 30

Credit unions have access to the NCUA’s newly updated Simplified CECL Tool, released this month.  NCUA developed the tool primarily for small and non-complex credit unions as an option to estimate the allowance for credit losses on loans and leases. The September 2025 update provides the latest life-of-loan—or Weighted Average Remaining Maturity—factors.  

For credit unions currently using the Simplified CECL Tool, the release facilitates calculating the credit loss expense on loans and lease for the period ending Sept. 30.

To get the latest version, visit the Simplified CECL Tool page and click on “Download the Latest Simplified CECL Tool.” Frequently Asked Questions, the User Guide, and the Model Development Document are also located on the page.

The NCUA updates the Simplified CECL Tool quarterly, enabling credit unions to use it when closing their books and submitting their quarterly NCUA Call Report.

For more information on CECL, visit NCUA’s CECL Resources page.