CECL Implementation | Current Expected Credit Loss
CECL FIT is designed to help you comply with the new CECL accounting standard. Our web-based solution, CECL FIT, combined with our PCBB Advisors, will guide you through the steps to determine the appropriate methods for your loans and securities groups.
CECL FIT, a robust, web-based solution, gives you a customizable executive dashboard to review your portfolio reserve, easily test your assumptions, and see instant results. Institutions with low or no loss history can get started quickly and see which works best for each unique loan or securities segment.
- Instantly see the impact of adjustments on a customizable executive dashboard
- Select 1, 2 or all methods and simultaneously see the impact on allowance and different segments
- Assess impact of credit loss for HTM securities
- Embedded data sources to assist institutions to build defensible and transparent documentation
- Our banking advisors can get you “exam-ready” for CECL
I am delighted with CECL FIT, which gives us the tools to make those big decisions and see the impact on our reserve.
Start Quickly and Simply with CECL FIT TodayWith 3 levels of CECL FIT, you will find a level that fits your unique loan portfolio. Our Right FIT Promise allows you to change levels in future, if your needs change.
You have CECL Questions? We have CECL Answers!
With 1 Data Upload, You Gain Risk Management Insights
You only need to provide your data to PCBB once. Since our FIT Solutions® are integrated, you can get insights into ALM, credit stress testing, CECL, and even insights to identify profitable customers and appropriate loan pricing.