As we move one year closer to the implementation of the Financial Accounting Standards Board’s (FASB’s) new CECL rules, which overhaul the way credit unions calculate ALLL (allowance for loan and lease losses), Accolade is here to provide guidance to your credit union.

Your credit union’s balance sheet is a picture of the institution’s core underpinnings: the assets, liabilities, and capital of your credit union.

Tumultuous equity markets, slumping oil prices, and comments from FOMC members all contributed to a sizable decline in bond yields...