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c. myers and Suncoast Credit Union team up at AICPA Conference on Credit Unions to discuss how CECL could impact business models

TALLAHASSEE, FL (August 29, 2018) — C. myers corporation, a national leader in credit union strategy and real-time A/LM decision information, and Suncoast Credit Union, Florida’s largest credit union, are teaming up to lead a workshop on CECL at the 2018 AICPA Conference on Credit Unions in Las Vegas, Nevada.

Julie Renderos, executive vice president/chief financial officer, Suncoast Credit Union, and Rob Johnson, executive vice president/principal, c. myers corporation, will facilitate a thought-provoking workshop to help participants think through potential business model considerations as a result of CECL.

“So much of CECL talk has been about the data, which is important,” Renderos commented.  “The industry also needs to focus on how CECL can impact strategy.”

“It’s not just about CFOs contemplating potential strategic outcomes.  Other C-Suite and Board members should have an appropriate level of understanding of how measuring the success of the credit union may need to evolve so that CECL does not dictate the lending strategy,” Johnson added.

To register for the workshop or to learn more about the 2018 AICPA Conference on Credit Unions, please click here.


About Suncoast Credit Union

Suncoast Credit Union is the largest credit union in the state of Florida, the 8th largest in the United States based on membership, and the 11th largest in the United States based on its $17.5 billion in assets. Chartered in 1934 as Hillsborough County Teachers Credit Union, Suncoast Credit Union currently operates 78 full-service branches and serves more than one million members across Florida. As a community credit union, anyone who lives, works, attends school, or worships in Suncoast Credit Union’s service area is eligible for membership. In 2021, Suncoast Credit Union’s field of membership was expanded to include public K-12 teachers, college educators, and educational support staff from all of Florida’s 67 counties. Suncoast is passionate about community support. Since its founding in 1990, the Suncoast Credit Union Foundation has raised and donated more than $40 million to organizations and initiatives that support the health, education, and emotional well-being of children in the communities that the credit union serves. For more information, visit suncoastcreditunion.com or follow us on social media: Facebook, LinkedIn, Twitter, and Instagram.

About c. myers corporation

C. myers corporation, based in Phoenix, Arizona, has partnered with credit unions since 1991.  Their philosophy is based on helping clients ask the right, and often tough, questions in order to create a solid foundation that links strategy and desired financial performance.  With the experience of working with over 550 credit unions, including 50% of those over $1 billion in assets and about 25% over $100 million, c. myers helps credit unions think to differentiate and drive better decisions.  For more information, visit cmyers.com.

Contacts

Ben Norton
Brock Communications
Cell: 508-837-1700
Office: 813-961-8388
Email: ben@brockcomm.com

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