Ask the Fed: Scaled CECL Allowance for Losses Estimator

To facilitate an effective implementation of the accounting standard for Current Expected Credit Losses (CECL) by smaller community banks, Federal Reserve staff have developed a spreadsheet-based tool called Scaled CECL Allowance for Losses Estimator (SCALE).

On Thursday July 15, 2021, at 2:00 p.m. ET, staff from the Federal Reserve hosted an Ask the Fed® webinar on the SCALE method for determining expected credit losses under CECL. Learn more in a press release from the Board of Governors of the Federal Reserve System.