With the effective date of the current expected credit loss (CECL) standard quickly approaching for nonpublic entities, it’s important your institution has set clear goals for compliance and developed a timeline for implementation. We understand some institutions have already adopted the standard, some have a strong implementation plan, and some are just starting out. No matter where you are on your CECL journey, BKD can provide assistance to help make the process easier and your implementation team stronger. Our professionals offer a depth of CECL knowledge and experience that will help benefit your financial institution, board of directors, and customers.
Not one CECL implementation process is identical to the next. The CECL services listed below showcase BKD’s variety of offerings designed to help meet the needs of any financial institution. However, we realize each institution’s needs are unique, so if you have any questions, need assistance, or would like to discuss your bank’s implementation progress, reach out to your local BKD Trusted Advisor™ or send an email through the Contact Us form below.