CECL Roundtable, Friday, July 19 NJCUL Ed Center Free to NJ & PA Member Credit Unions

Join us for a visible Equity CECL Roundtable hosted by The New Jersey CU League to learn best practices for a successful CECL transition. Network with other executives in your area to better learn new allowance guidelines, implementation steps, regulatory impacts, and CECL stressors, as well as learn tips and tricks to help you be CECL-ready. Lunch will also be provided by Visible Equity.

WHAT TO EXPECT

ROUNDTABLE DISCUSSION POINTS

CECL Prep, CECL Challenges, Institutional Impact, Leveraging CECL Data for Other Purposes

VISIBLE EQUITY CECL SOFTWARE TRAINING

Segmentation, Individually-Reviewed Loans, Collectively-Reviewed Loans, Q&E Factors, Forecasting

DATA QUALITY ASSESSMENT

Data History Requirements, Data Quality Best Practices, Common Data Pitfalls, Establishing Data Culture Within Your Institution

JUSTIFYING BASE LOSS RATE SELECTION

Base Loss Rate Selection, Back Testing, Data-Driven Decisions

Q&A

Questions/Topics Submitted Before Training + Live Questions

CPE CREDITS

Up to 2 CPE Credits Will Be Offered

What Does It Cost? What Should I Bring?

These CECL Roundtables are totally free and we are coming to a location near you. Please bring a laptop or tablet to the event, as parts of the discussion will be hands-on. Lunch is provided.

What Are Attendees Saying?

"I'm not a Visible Equity client, but I attended the CECL roundtable and I took about 3 pages of notes! The roundtable was very informative, and Visible Equity did a wonderful job. They covered everything from what our objectives should be with CECL, different data variables and struggles, what our justification needs to have, the different data models, and the vast amount of information available on the help page. I feel a lot more confident as we progress and move toward CECL. Visible Equity even touched on the product, and how to create your basic ALLL model, and then create a copy of it in order to apply the different models to it.  The roundtable in no way felt like a “sales pitch”, if you will, yet I left wanting the product.  Overall, it was a fantastic roundtable, and was so personable!"

Please contact Yvette Segarra at ysegarra@njcul.org to register.