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ALEXANDRIA,
Va. (September 23, 2026) – The National Credit Union
Administration today released the September 2026 update of its Simplified
CECL (Current Expected Credit Loss) Tool, which was developed primarily for
small and non-complex credit unions as an option for estimating the allowance
for credit losses on loans and leases. The update provides the latest
life-of-loan—or Weighted Average Remaining Maturity—factors. For
credit unions currently using the Simplified CECL Tool, the September 2026
release facilitates calculating the credit loss expense on loans and leases
for the period ending September 30, 2026. To get
the latest version, please visit The Simplified CECL Tool
page and click on “Download the Latest Simplified CECL Tool.” To ease your
use of the Simplified CECL Tool, please review Frequently Asked Questions,
the User Guide, and the Model Development Document
located on The Simplified CECL Tool
page. NCUA
updates the Simplified CECL Tool quarterly to enable credit unions to use the
Tool when closing their books and submitting their quarterly NCUA Call Report. For
more information on CECL, please visit our CECL Resources page. For any
questions unanswered on the CECL Resources page, please contact EIMail@ncua.gov.
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