A closer look at NCUA’s CECL phase-in

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A closer look at NCUA’s CECL phase-in On June 24 the NCUA board approved a rule “to aid FICUs in adjusting to the new GAAP standards in a uniform manner and without disrupting their ability to serve their members.” The rule accomplishes a few things: Phases-in the day-one effects of the adoption of CECL for […]