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Small CUs! Get Essential CECL Training with Cornerstone
Wednesday, July 18, 2018 6:40 AM

Don’t be caught off-guard! The new, required changes for CECL implementation will demand more from you than a few simple tweaks and a few months' prep time. Join Cornerstone for "CECL Training for Small CUs."

Note, registration deadline is Aug. 3.

That's right. Big changes are coming soon to the way credit unions calculate Allowance for Loan and Lease Losses (ALLL) under the new Current Expected Credit Losses (CECL) rules proposed by the Financial Accounting Standards Board. In fact, according to American Bankers, CECL represents "the biggest change to bank accounting ever," and the new changes will affect credit unions of all sizes.

So what's the best plan of action? This specialized training will help you understand the fundamental steps your credit union will need to take to ensure you're fully prepared for CECL implementation.

Dallas-Fort Worth, Aug. 7
11:30 a.m. – 1:30 p.m.
Registration Deadline: August 3
Cornerstone Credit Union League
Academy Training Room
6801 Parkwood Blvd.
Plano, TX 75024
Register Now

Dr. Paul WitheyYour presenter, Dr. Paul Withey, has worked in the credit union industry for 20 years as an employee, board member, and consultant. His service includes:  director, Cornerstone Credit Union League Region 1–South East Texas; member, Texas Governmental Affairs Subcommittee; chairman, Texas Governmental Affairs Subcommittee; vice chairman, Cornerstone Credit Union League Audit Committee; current president and past board member/ex officio, Houston Chapter of Credit Unions.

If you have questions or need assistance registering, please call Lorri Gaither at 800-442-5762, ext. 6423, or email lgaither@cornerstoneleague.coop; or call Kati Buchanan at 800-442-5762, ext. 6424, or email kbuchanan@cornerstoneleague.coop.