CECL Series: Choosing the Best Methods for CECL: What's Right for My Bank?
Have you started to prepare for CECL yet? According to PCBB’s survey of CFO’s at financial institutions, only 11% felt that their bank was ready for CECL.
Join PCBB as we work through live examples of different methods and evaluate the pros and cons. We will also help you answer these important questions:
- Do I have enough data to support each of the methods?
- How will each method work as economic and performance conditions change?
- Which method is appropriate for each loan group?
- How can I transition to a different method?
Doug HensleySVP & Manager of Advisory Services