This is a 90-minute webinar.
9:00 am – 10:30 am HST
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET
Troubled debt restructurings (TDRs) were common during the Great Recession and are now making a comeback in the COVID economy. Relief was granted to credit unions in 2020 with Section 4013 of the CARES Act and the Interagency Statement. But what happens when that relief expires? Subsequent loan deferments and modifications will have to be evaluated for TDR reporting. This session will guide you through the process of identifying TDRs, calculating required reserves, compiling financial disclosures, and implementing best practice recommendations along the way. Please bring your questions!
Further details will be available 45 days prior to the webinar date.
Attendance certificate provided to self-report CE credits.
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.