Consistent sourcing and a qualitative scoring matrix are two ways to manage ALLL adjustments.
Final guidance on the FASB's CECL model is expected to be released this year; credit unions should begin to plan for the transition.
Financial information company opens biennial bank and credit union survey that covers the NCUA, FDIC, Fed and OCC.
A sound MBL strategy will ensure long-term success in managing risks.
Nearly 77% of small business owners surveyed say they've never applied for a business or personal loan. Most say they don't want the debt burden.
While 67% of respondents predicted a 2014 increase in business lending, nearly half said credit availability is unchanged.
Rate at less than 1% so far this year after two years of 7% growth, analytics firm says.
The Raleigh, N.C.-based firm said as of April, its database included more than one million aggregated private company financial statements.
A survey of 300 accountants who work with businesses found it less likely that businesses will add new employees over the next year.
Analysis firm says data show that many private companies may be well positioned to borrow.