Our Blog
CECL Compliance Challenges: Community Banks vs. Credit Unions
While SEC registered financial institutions are readying for the current expected credit loss (CECL’s) implementation deadline in first quarter of 2020, community banks and credit unions are not far behind with their own planning and measures. As always is the case,...
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Preparing Your Community Bank or Credit Union for the New Current Expected Credit Loss Model (CECL)
How Credit Risk Management Software Will Help Streamline the CECL Implementation Process The Financial Accounting Standards Board, better known as the FASB, is giving smaller lenders like community banks and nonprofit credit unions more time to prepare for and...
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Employee Spotlight: Cem Oguzhan
This month, we are featuring our Senior Developer, Cem Oguzhan. Cem has been with Suntell for 13 years and would find the Loan Presentation and Credit Analysis areas most helpful if he worked for a bank or credit union. Cem is honest, reliable, and intelligent and...
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Suntell CEO Corner
In my previous quarterly blog, I discussed 5 key areas to review as a form of an annual or periodic internal health checkup of your lending environment as a preemptive mitigation of potentially increasing risks resulting from a future economic recession. Because I...
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Preparing for Your Next Bank Exam
What is a Safety and Soundness Bank Exam?
There are several types of Bank Exams. We will be focusing in this document on the preparation for a ‘Safety and Soundness’ Bank Exam.
How Community Banks and Credit Unions Can Use Portfolio and Credit Transaction-Related Stress Testing to Better Manage Risk
Portfolio and Credit-related stress testing are key components of a risk management strategy for both community banks and credit unions. In its most simplistic definition, portfolio stress testing is the process of determining the effect of a change to your portfolio...
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