Search: cecl

Planning for the Unexpected?

Although the economy is humming along nicely right now, a survey of U.S. economists conducted by the National Association of Business Economics in May of 2018 suggested things could be changing. The results revealed that a full two-thirds of those surveyed believe the U.S. will experience a recession by the end of 2020. Numerous potential […]

HELOCS May Be Set To Take OFF – Is Your Credit Union Ready?

For the last 10 years it seems like the home equity line of credit (HELOC) has been a forgotten product for many credit unions and their members. As rates on fixed mortgages hovered at record low levels, and with home equity under pressure, the demand for variable rate HELOCs decreased for many institutions. However, that […]

AICPA Conference on Credit Unions

CECL – Journey on the Road to Implementation The last few years have been spent talking about CECL and showing different models and calculations. Now is the time to think beyond the calculation and focus on the big question not being talked about enough – “What is the impact of CECL on our business model?” […]

Recent Uncertainty Highlights The Importance of Evaluating Strategic Net Worth Requirements

The rapidly changing competitive environment and recent natural disasters are reminders of the importance of evaluating strategic net worth requirements. A key component to understanding strategic net worth requirements is taking a deliberate approach to understanding aggregate risk.  In a previous blog post we outlined an approach to help with this process. Two types of […]

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