Learn About the CECL Tool!

​NCUA is hosting a free webinar this Thursday to learn about the agency’s simplified tool, primarily for CUs with less than $100MM in assets.

The National Credit Union Administration (NCUA) is offering a complimentary webinar on January 11 beginning at 1:00 p.m. (CT) that will explain how to use the agency’s simplified CECL tool. Registration for “The Simplified CECL Tool – Best Practices” is available here. The webinar will run approximately 60 minutes.

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 Tool primarily for use by credit unions with assets of less than $100 million.

Participants will be able to log in and view the event on their computers or mobile devices using the registration link. They should allow pop-ups from this website. Submit questions in advance by emailing [email protected]. The email’s subject line should read, “Simplified CECL Tool.” Please email technical questions about accessing the webinar to either [email protected] or [email protected].

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.