Simplified CECL Tool Updated For September
By CU Today Staff —
ALEXANDRIA, Va.--NCUA Wednesday released the September 2026 update of its Simplified CECL Tool.
The update provides the latest life-of-loan—or Weighted Average Remaining Maturity—factors.
For credit unions currently using the Simplified CECL Tool, the September 2026 release facilitates calculating the credit loss expense on loans and leases for the period ending Sept. 30, 2026.
To get the latest version, visit The Simplified CECL Tool page and click on “Download the Latest Simplified CECL Tool.”
Originally reported by CU Today.