Fresh Today

Fresh Today

WASHINGTON—The Financial Accounting Standards Board's (FASB) Accounting Standards Update (ASU) to delay the current expected credit loss (CECL) standard by an additional year has been published and is now official.

ALEXANDRIA, Va.–NCUA is revising its Credit Union Profile form to collect information it says will help examiners determine federally insured credit unions’ (FICUs) exposure to LIBOR – the London Interbank Offered Rate – and their readiness to deal with its discontinuation after 2021.