CUs could use add’l clarity on credit loss measurement under CECL

Standard

A proposed interagency policy statement on allowances for credit losses appears reasonable and appears to comport with the CECL standard, CUNA wrote to NCUA Monday, also reiterating its call to NCUA to continue its outreach to credit unions on CECL.

https://news.cuna.org/articles/117056-cus-could-use-addl-clarity-on-credit-loss-measurement-under-cecl