Simplified CECL Tool Updated for March 2025
The National Credit Union Administration today released the March 2025 update of its Simplified CECL Tool. The update provides the latest life-of-loan—or Weighted Average Remaining Maturity—factors. Also, the update includes the average three-year net charge-off rates (2022 to 2024) for each of the 13 loan portfolio categories, which in turn allows estimating credit losses for […]
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