Easy CECL? The Fed SCALE Tool
This webinar explores the new CECL estimation solution for small banks called the SCALE tool, its plusses and minuses, and the operational steps for a bank to use it. This early look should help smaller community banks to better understand if they should incorporate SCALE into their CECL transition plan. (Rec. 9/1/21)
Recorded: September 1, 2021
This July the Federal Reserve presented a new CECL estimation solution for small banks (under $1B) called "SCALE". The new tool includes an Excel Workbook that enables a bank to use public call report CECL loss rates from peer banks as a “starting point for CECL”.
This webinar explores the SCALE tool, its plusses and minuses and the operational steps for a bank to use it. This early look should help smaller community banks to better understand if they should incorporate SCALE into their CECL transition plan.
- Your registration includes:
- A copy of the presentation materials
- Unlimited video replay
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