Guidance for Small CUs on the Unique Challenges of CECL

Credits unions with $50 million or less in assets are invited to the Small Credit Union Roundtable at the MD|DC Credit Union Association on Saturday, April 13, 2019.

boardroom conference conference room 1181396Along with a discussion of CECL Methods and Models, presenters will tackle future Information Management. There will also be the launch of the Veribus Small Asset Task Force to help credit unions with $50 million or less in assets have a collaborative platform. Learn about the following topics and more along with a Q & A and networking opportunities.  

Future Information Management | Daniel Ma, Solutions Architect at Imagex, Inc.
Current trends in document management
Benefits of having an efficient document management
Maintaining compliance - HIPAA, disaster recovery, etc.
Pitfalls of legacy solutions
Cost-effective solutions Implementing enhanced document management of existing documents with ease

CECL: Methods and Models | Ted Ahn, President of CRF Advisors, Inc.
Understand how to aggregate data and why it is so important
Understand minimum data set elements
Understand why different models may be necessary and how data can affect you models
Understand why volatility will not be part of your calculations

Veribus Small Asset Task Force Launch/Group Discussion
The mission of this task force is to provide member credit unions $50 Million or less with a framework to collaborate on issues unique to them. This group, which represents approximately half of the Association's membership, consists of 48 credit unions with a total combined asset of $658 Million and 85,465 members. The Small Asset Task Force will be a proactive, project-oriented working group that will address multiple challenges simultaneously with the overarching goal of seeking to help its members remain relevant and grow.