CECL Compliance Challenges: Community Banks vs. Credit Unions

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,...
Employee Spotlight: Cem Oguzhan

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...
Suntell CEO Corner

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...
Preparing for Your Next Bank Exam

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. The nation’s banking system is only as safe and sound as the banks within the system. These...