The Thursday, August 26, 2021, Conversations with the St. Louis Fed session featured Deputy Associate Director and Chief Accountant Lara Lylozian (Board of Governors), Lead Examiner Paul Oseland (Kansas City Fed), and Vice President Allen North (St. Louis Fed), as they addressed questions from the new CECL SCALE tool that was released on July 15, 2021. 

Participants are strongly encouraged to review the Ask the Fed: Current Expected Credit Losses (CECL): Scaled CECL Allowance for Losses Estimator (SCALE) Method session prior to the Conversations with the St. Louis Fed. This session builds upon the content that was delivered in the Ask the Fed session and addresses questions about the SCALE method and tool.