The latest Weighted Average Remaining Maturity – also known as “life-of-loan” factors — are updated in the September 2026 update of the simplified tool the federal regulator provides to smaller credit unions for estimating the allowance for credit losses on loans and leases, the agency said Wednesday.
The National Credit Union Administration (NCUA) said in a release that its simplified tool for estimating current expected credit losses (CECL) also facilitates calculating the credit loss expense on loans and leases for the period ending Sept. 30.
The tool is updated quarterly, NCUA said, to facilitate the smaller, non-complex credit unions in filing their quarterly call reports.
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