ALEXANDRIA, Va.–NCUA said it will host a webinar on Jan. 11 that explains how to use the agency’s simplified CECL tool.
The webinar, titled “The Simplified CECL Tool, Best Practices,” will begin at 2 p.m. ET and run for 60 minutes.
Chris McGrath and Trey Damron from the NCUA’s Office of Examination and Insurance will review how the tool works and its latest update as well as discuss best practices. NCUA said it developed the Simplified Tool primarily for use by credit unions with assets of less than $100 million.
The webinar will be closed captioned, and there is no charge. Participants will be able to log in and view the event on their computers or mobile devices using the registration link. They should allow pop-ups from this website, the agency said.
NCUA said participants are encouraged to submit questions in advance by emailing WebinarQuestions@ncua.gov. The email’s subject line should read, “Simplified CECL Tool.” To register, go here.
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