2019 NASCUS CECL Symposium
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 Export to Your Calendar 4/10/2019 to 4/11/2019
When: April 10-11, 2019
8:30 AM (Wed) to 12:00 PM (Thur)
Where: The Employers Association
3020 West Arrowood Road
Charlotte, North Carolina  28723
United States
Contact: Isaida Woo

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NASCUS, the Carolinas Credit Union League and the North Carolina Credit Union Division invite you to attend the CECL Symposium scheduled for April 10: Day 1 from 8:30 a.m. - 4:00 p.m. and April 11: Day 2 from 8:30 a.m. - 12:00 p.m. 

The Current Expected Credit Loss (CECL) model is the future model for recognition and measurement of credit losses for loans and debt securities. The impact of this new loss model is expected to have a significant impact within credit union industry. This event provides an update of the current status of the standard and how credits unions can begin to start their modeling process. As a part of this course, we will cover the following:

  • An overview of CECL and the areas impacted
  • Strategic planning discussion for implementation
  • A review of areas other than loans impacted by the new standard
  • Current allowance levels in the industry and how it may be impacted by CECL
  • Technical training on functionality of Microsoft Excel, and how this can be used for CECL implementation
  • A look at six different methodologies to potentially be used for the calculation of CECL using real data and going step by step on how the computations will be done
  • A discussion of setting qualitative factors under CECL, how to access industry data, and how to potentially utilize industry information with a CECL model

Cost:

Carolinas Credit Union League or NASCUS Members: $199 per person

Non-members: $285

 

Agenda: View the detailed agenda here.

 

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