Small community banks are poised to receive a delay in the new loan loss standard from the accounting board. The Financial Accounting Standards Board is changing how it sets the effective dates for major accounting standards, including the current expected credit loss model or CECL. They hope the delay, which gives some banks an extra one or two years, provides them with more time to access scarce external resources and learn from the implementa...
You have accessed a resource that is only available to our Bank Services members.
From how-to articles, director training videos, key interviews with industry leaders and more, Bank Services provides bank executives and directors with the tools to help grow their financial institutions.
To sign up for exclusive access to this online bank board resource, please contact Bank Services at 615-777-8461 or firstname.lastname@example.org.