|Patty English is the AVP of Audit Services for the NC Credit Union League. You may reach her at (800) 822-8859, ext. 9070 or email@example.com. |
The League Audit Staff constantly looks for ways to help credit unions succeed.
In July the Audit Team began testing, with the help of four credit unions, exciting new software that we believe will enhance your credit union’s ability to more easily deal with loan restructuring. With a few simple entries by credit unions, the software program automatically calculates TDRs, Net Present Value of the Future Cash flow at the effective interest rate and ALLL Calculations, Accretion Adjustments and Alternative Deal Restructurings.
This software will be tested for 2-3 months before it is offered to credit unions that are audited by the League Audit Staff. Look for updates and reviews in the Weekly Update! In the meantime, please contact Patty English
at (800) 822-8859, ext. 9070 if you have any questions.