ALEXANDRIA, Va.--NCUA has released the September 2025 update of its Simplified CECL Tool, which was developed primarily for small and non-complex credit unions as an option for estimating the allowance for credit losses on loans and leases.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 2025 release facilitates calculating the credit loss expense on loans and lease for the period ending Sept. 30, 2025.
To get the latest version, sit The Simplified CECL Tool page and click on “Download the Latest Simplified CECL Tool.” To ease use of the Simplified CECL Tool, review Frequently Asked Questions, the User Guide, and the Model Development Document located on The Simplified CECL Tool page, NCUA recommended.
The NCUA noted that it updates the Simplified CECL Tool quarterly to enable credit unions to use the Tool when closing their books and submitting their quarterly NCUA Call Report.
For more information on CECL, please visit NCUA’s CECL Resources page.