The latest version of a tool for navigating current expect credit loss (CECL) accounting requirements for small, complex credit unions was released Thursday by the federal credit union regulator as part of a quarterly update.
The tool is an option, the National Credit Union Administration (NCUA) said, for estimating the allowance for credit losses on loans and leases. It is intended for use in submitting quarterly call reports.
This latest update, the agency said, provides the latest life-of-loan (weighted average remaining maturity) factors.
“For credit unions currently using the Simplified CECL Tool, the December 2025 release facilitates calculating the credit loss expense on loans and leases for the period ending December 30, 2025,” NCUA said in a release.
Simplified CECL Tool Updated for December 2025
Leave a Reply