The Federal Reserve is releasing a new tool to help community banks implement the Current Expected Credit Losses (CECL) accounting standard. Known as the Scaled CECL Allowance for Losses Estimator, or “SCALE,” the spreadsheet-based tool draws on publicly available regulatory and industry data to aid community banks with assets of less than $1 billion in calculating their CECL allowances. Join Federal Reserve staff for an Ask the Fed webinar on the SCALE method for determining expected credit losses under CECL.