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Nussle calls on NCUA to increase CECL prep efforts for CUs - CUInsight
CUNA called on NCUA to do more to prepare credit unions for the current expected credit loss (CECL) standard in a letter to Chair J. Mark McWatters sent Tuesday. The letter echoes CUNA’s request during a June 2018 meeting that NCUA increase its focus on implementation of CECL. Finalized in June 2016, CECL requires use …