MST Announces Seventh Annual National ALLL Conference

National ALLL Conference

MST announced that it has opened registration for its 2017 National ALLL Conference, to be held May 23-25 at the Loews New Orleans Hotel on the fringes of the French Quarter in the “City That Care Forgot.” The three-day educational event, now in its seventh consecutive year, is the nation’s only conference dedicated to issues related to the allowance.

The conference features leading industry experts from accounting, auditing and regulatory disciplines as well as interactive workshops. Attendees include employees from all financial institution departments concerned with the estimation of the ALLL, the bank or credit union’s most critical quarterly calculation.

“Lenders are beginning their preparations for CECL, the biggest change to estimating the allowance in many years and a change that will impact the institution enterprise-wide,” offered MST CEO Dalton T. Sirmans. “This year’s conference will focus squarely on CECL and transitioning to expected loss estimating. Our presenters have been intimately involved with CECL throughout its development and will help institutions understand, prepare, implement and benefit from the changes to how they calculate their loan loss reserves.”

“In the community and regional banking space, the MST conference provides more, deeper and better information on the allowance than any other I know of,” noted Graham Dyer, partner, Accounting Principles Consulting Group of Grant Thornton, and member of FASB’s Transition Resource Group, who has presented for the past four years at the MST National ALLL Conference.  “Attendees get a breadth of perspectives from professionals at the leading edge of thinking about all things related to the allowance. But I also see the tremendous benefit they get from networking. They’re in the real world dealing with real problems and they can talk with other professionals dealing with the same problems.”

Conference registration is available through the conference website at www.nationalalllconference.com. Attendance is limited to the first 200 to register.

MST (Mainstreet Technologies, Inc.) is the leader and pioneer in allowance software solutions and education. Financial institutions across the U.S. employ MST products and services to address their allowance compliance requirements, including compliance under the new CECL accounting standard. MST solutions are tailored for the institution, integrate with core and other data systems, and exponentially improve efficiencies. Contact MST at 877-910-9789 or visit the MST website: www.mainstreet-tech.com.