Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Current Expected Credit Loss Only months away from the CECL deadline. (Source: Shutterstock)

Many credit unions and other financial institutions are falling behind in preparing for the Q1 2020 CECL compliance deadline, and about one in 15 haven’t started preparing at all, according to a recent survey by risk-management technology firm Abrigo.

Tina Orem

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.