Webinar introduces Abrigo CECL solution

on "September 16, 2021 8:43 am"

Your League recently announced a strategic alliance with Abrigo that will help credit unions with the complexities of new CECL requirements.

Abrigo supports credit unions of any size with a tailored approach to individual needs and requirements. As a League business partner, Abrigo offers discounted pricing for member credit unions.

You can learn more about Abrigo at an upcoming webinar.

Download FREE CECL Prep Kit
from Abrigo

Preparing for CECL is time-consuming, but you don't have to do it alone. This prep kit gives you the resources to implement by 2023.

Resources in this kit include:

  • Guidelines for a timely and efficient implementation
  • Data evaluation tool to identify needs and gaps
  • How to build a meaningful model
  • Key findings from your peers
  • Refresher on the accounting standard itself

Download here


CECL Transition for HCUL Members 
Monday, September 27, 2021 
10:00 am - 11:00 am HST

Link to Register: https://register.gotowebinar.com/register/6246554673207382027

More financial institutions trust Abrigo for the allowance for loan and lease loss/allowance for credit loss (ALLL/ACL) calculation than any other partner. With proven implementation and onboarding, we can help busy CU leaders meet regulatory expectations using CECL approaches that fit your size and complexity.

This webinar will show our CECL solution in action and hear from our advisors who've worked with CU calculations.

Join to learn how our CECL solution can help you:

  • Archive loan-level data and begin scenario planning
  • Run parallel calculations with the incurred loss model
  • Supplement credit loss (or lack thereof) with proprietary data and research
  • Automate reporting and audit tracking