Are you ready for January 1st?

CECL, which stands for Current Expected Credit Loss, is a new accounting standard issued by the Financial Accounting Standards Board (FASB) for estimating loan losses. The new CECL standard begins January 1, 2023.

Are you still looking for the “right” CECL solution? Does CECL keep getting pushed to the bottom of the stack because you are so busy running your credit union?

Finding the right CECL partner can be a challenge. Methodology, data requirements, access, and flexibility must be considered. So, Catalyst created a CECL solution to make things easier for credit unions. We did the heavy lifting, eased the data burden, and created an online solution that you can customize to create the exact model your credit union needs. Watch the demo here.

Let's get your credit union started. Request a meeting today.