Pop-up Chat: CECL Q & E Factors.

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Some conversations on Councils Community blow up and deserve a “live” discussion, so the Pop-up Chat was born.

Join Kelly Carter, CFO at SAFE FCU as she covers how she has approached this issue, then converse with peers from across the country.

Current Expected Credit Losses (“CECL”) has left many Credit Unions and their finance teams scratching their heads. During this session we will focus on the aspect of Qualitative and Economic Factors (Q&E Factors) that are inherently subjective yet require a framework that provides objective support for adjusting the allowance for credit losses.

Topic areas we will learn about and discuss include:

• What is the purpose of Q&E factors and why should they be considered?
• How do you support subjective factors with objective inputs?
• Most Popular Q&E Factors found in allowance for credit loss calculations.
• NCUA Examination insights

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