WASHINGTON (3/11/10)--Sacher Consulting and Callahan and Associates have partnered to offer a comprehensive package to credit unions that includes a customizable allowance for loan loss (ALL) policy, consulting and access to relevant webinars. ALL policies should be part of credit unions’ governance structures, said Alix Patterson, chief operating officer of Callahan and Associates, a Washington, D.C.-based research firm for credit unions. With the struggling economy, credit unions are being impacted by declining home real-estate values and other aspects of the recession, Patterson said. Mike Sacher, principal, offers accounting, governance and education services to credit unions. Premier America CU, Chatsworth, Calif., hired Sacher for is consulting. “We wanted to develop a more structured and reliable methodology to ensure a reasonable funding level that was both realistic and defensible,” said Marge McNaught, Premier America CU chief lending officer. Sacher specializes in credit unions’ needs. It develops ALL methods that are practical and meet generally accepted accounting principles, the firms said.