With the effective date of the current expected credit loss (CECL) standard quickly approaching, it’s important your institution has set clear goals for compliance and developed a timeline for implementation. While this process can seem daunting, CRI can assist you through all stages of CECL implementation so you can be confident the result makes sense for your institution.
So, how can we assist in getting your institution on the CECL path to compliance today? Enter CRI’s CECL Dashboard. The CECL Dashboard allows you to proactively plan for the new Allowance for Credit Losses (ACL) requirements by integrating our easy-to-use and automated tool backed by BankTrends and CUmetrics technology.
The CECL Dashboard is a web-based tool that:
Our experienced professionals can assist with your questions and needs regarding CECL implementation in today’s challenging environment. In addition to introducing the CECL Dashboard, we can assist your management team with the following adoption and implementation strategies:
Contact your CRI Financial Services professional today to get your institution on the road to CECL compliance.