TCT Risk Solutions, LLC has the tools to help credit unions prepare for what may be the most critical regulatory change in two generations.
Your credit union will be impacted by CECL
CECL will have a significant impact on many credit unions in their operations and their profitability. Surveys show that approximately 75% of financial institutions have not prepared for CECL. CECL takes effect the end of 2020.
Your credit union is expected to account for the risk in its loan portfolio