Read this article: Wilary Winn in the Wall Street Journal
Frank Wilary, Principal at Wilary Winn, recently spoke to the Wall Street Journal for their July 6, 2023, article discussing the impacts of rising interest rates on U.S. banks. Download…
Read this article: M&A Accounting Implications Presentation (CUNA Finance Council 2023) Now Available
This CUNA Finance Council Conference presentation from May 22, 2023, focuses on the key accounting implications that a merger can have on credit union financial statements on day one and thereafter.
Read this article: Wilary Winn to Speak, Moderate at 2023 CUNA Conference
Wilary Winn will speak and moderate at the 2023 CUNA Finance Council Conference.
Read this article: Recent Developments Related to the Accounting for Acquired Assets
FASB continues to work on refining the interaction between CECL and purchase accounting.
Read this article: Mortgage Lending Presentations Now Available
Slide decks and recordings are now available for our 2022 mortgage lending webinar series, hosted by FHLB Des Moines.
Read this article: Wilary Winn Mortgage Lending Webinar Series
Join Wilary Winn and FHLB Des Moines for a three-part webinar series designed to review key decision points within the mortgage lending cycle and identify opportunities and challenges.
Read this article: States Push Back on Credit Unions Acquiring Banks
A growing number of states are blocking the ability of credit unions to buy banks amidst competitive concerns.
Read this article: TDR Accounting Not Required for CECL
In March 2022, FASB eliminated TDR accounting for financial institutions that have adopted CECL.
Read this article: Wilary Winn to Speak at 2022 CUNA Conference
Eric Nokken, Anneliese Ramin, and Cole Schulte will be attending the Credit Union National Association (CUNA) Finance Council Conference in Las Vegas, NV, on May 22-25, 2022. Wilary Winn is…
Read this article: Significant Improvements to Accounting for Acquired Assets
In February 2022, FASB decided to apply PCD accounting to assets obtained in mergers and acquisitions for institutions that have adopted CECL. This avoids the double counting of credit losses for performing loans. In addition, FASB indicated that revised accounting could be applied to the purchases of seasoned loans.