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You've selected your methods, but can you defend them to regulators?
Join PCBB to help you jump start your CECL preparations.
Have you started to prepare for CECL yet?
Designed by a financial institution for use by other financial institutions, this comprehensive CECL solution helps you comply with complex regulatory and accounting requirements by offering simultaneous support of multiple methods, a flexible platform and ongoing support and advice every step of the way.
The products and services offered by PCBB
There is a lot of information out there on CECL.
Competition is growing as agricultural-focused fintech firms (agtech) are entering the market.
A recent consumer poll finds 86% expect their banks to provide them with seamless service.
The extra data collected for CECL has been found to not only be useful for CECL calculations but also for strategic planning.
There are many challenges ahead.