Interactive class is free and open to the public
Alexandria, Va. (May 9, 2011) – The National Credit Union Administration (NCUA) will host a webinar Thursday, May 26, entitled “Current Allowance for Loan and Lease Losses Exam Issues and Practical Ways to Factor Q&E Adjustments into the Methodology.”
The webinar will begin at 2 p.m. EST and end at 4 p.m. Sponsored by NCUA’s Office of Examination and Insurance and the Office of the Chief Economist, the webinar is free and open to the public. Individuals may register for the webinar at http://tinyurl.com/ALLLWebinar. [Since this event is in the past, registration is closed].
The webinar will facilitate credit unions’ understanding of the 2006 Interagency Policy Statement on the topic. Credit unions have worked to understand how qualitative and environmental (Q&E) adjustments can better inform their estimates of inherent losses existing in the loan portfolio. The NCUA presenters will benchmark best practices in this area. The webinar will be interactive with opportunities for two-way communication.
- Review Interagency Supervisory Policy governing ALLL Methodologies
- Understand Current Economic Environment & Trends
- Identify and Address Current ALLL Exam Issues with Q&E factor adjustments & Real Estate
- Understand How to Factor Q&E into ALLL Methodology including Declining Real Estate Values
- John Worth, Chief Economist, NCUA’s Office of the Chief Economist
- Ralph Monaco, Senior Economist, NCUA’s Office of the Chief Economist
- Elizabeth DiNapoli, Problem Case Officer, Capital Region II-West
NCUA is the independent federal agency created by
the U.S. Congress to regulate, charter and supervise
federal credit unions. With the backing of the full
faith and credit of the United States, NCUA operates
and manages the National Credit Union Share
Insurance Fund, insuring the deposits of nearly 100
million account holders in all federal credit
unions and the overwhelming majority of
state-chartered credit unions. At
Pocket Cents, NCUA also educates the public on consumer protection and financial literacy issues.