CECL Updated FAQs Available on NCUA.gov

ALEXANDRIA, Va. – The National Credit Union Administration (NCUA) encourages credit unions with questions about upcoming changes to the Current Expected Credit Losses accounting standard to review updated frequently asked questions now posted on the agency’s Web site.

The new frequently asked questions incorporate earlier versions.

The NCUA will join six other financial regulators on an April 11 “Ask the Regulators” webinar to discuss future CECL changes. Registration for the webinar is available online.