VBC – Fed SCALE CECL Tool – Benefits and Challenges
The Federal Reserve has recently released a new tool, referred to as the Scaled CECL Allowance for Losses Estimator or “SCALE”. SCALE is an Excel-based tool that was developed to assist in calculating a CECL reserve and is intended for smaller institutions with less than $1 Billion in assets and limited loan portfolio complexity. The …
What's the potential cost of not leveraging the experience, tools, and talent VBC brings to the table?