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CIO Review 2023

CIO Review 2023

All financial institutions are now required to adopt the current expected credit losses (CECL) standard for estimating credit loss allowances. The CECL standard is designed to improve the accuracy and transparency of credit loss estimates by requiring financial...

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BANKS DESERVE BETTER FROM VENDORS

BANKS DESERVE BETTER FROM VENDORS

CURRENT BANKING ENVIRONMENT Increasing regulation,  thinner spreads and a questionable economic future are a given in the current community banking world.  Piling on problems from vendors is something that can be avoidable. VENDOR PROMISES Dealing with vendors seems...

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Are you ready for CECL?

Are you ready for CECL?

DON'T WAIT UNTIL IT'S TOO LATE!December 31st, 2021  January 1st, 2023CECL IMPLEMENTATION TIMING The latest deadline for most community banks is postponed to January 1, 2023.  This also helps everyone.  Our model was finished early to assist the banks in playing...

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