openPR Logo
Press release

Banker’s Academy Certifies 26 Lenders from A New Jersey Bank with Lending Compliance Training

05-11-2011 12:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Edcomm Banker’s Academy

Edcomm Banker’s Academy has recently certified 26 mortgage lenders from a New Jersey Bank through its Lending Compliance training program.

New York, NY, May 11, 2011 -- Edcomm Banker’s Academy has recently certified 26 mortgage lenders from a New Jersey Bank through its Lending Compliance training program. Upon competition of Focus on Lending Compliance, participants gained the knowledge, skills and certification needed to greatly reduce risk to their bank.

The No.1 reason cited for high-risk levels at the bank is lack of adequate compliance training for lending personnel. The No.2 reason cited is outdated or inaccessible policies and procedures regarding banking regulations. By educating their lenders about banking regulations and providing them with reference tools, banks will be able to better satisfy examiners and reduce their risk.

Focus on Lending Compliance, from Edcomm Banker’s Academy, is a comprehensive training program that addresses every regulation Lenders need to know including: Bank Secrecy Act (BSA), Anti Money Laundering (AML), USA PATRIOT Act, OFAC, Privacy, Reg P, Gramm-Leach-Bliley Act, Right to Financial Privacy, Sarbanes-Oxley (SOX), Reg CC & Check 21, Reg D, Reg E, Reg Z, Truth in Lending, FCRA, FACT Act, HMDA, CRA and Bank Bribery, among others. The program also includes a guide to all banking regulations, as well as a searchable library of reference materials.

For more information about programs like this, or to find out how The Edcomm Group Banker’s Academy can customize any training program, log onto www.bankersacademy.com or call +1.212.631.9400.

The Edcomm Group Banker’s Academy is a 23-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity, customer service and market share - providing bottom-line results. The Edcomm Group Banker’s Academy has had the privilege of assisting many distinguished clients with business solutions in the form of eLearning programs, online bank training and classroom instruction, multimedia production and online and print based documentation. Edcomm Banker's Academy offers many off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training specifically designed for Banks, Credit Unions and Money Services Businesses (MSBs).

The Edcomm Group Banker's Academy (www.bankersacademy.com) is headquartered in New York City with locations and representation throughout the world.

The Edcomm Group Banker’s Academy is a 23-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity,

Contact:
Dr. Linda Eagle
Edcomm Banker’s Academy
21 Penn Plaza, Suite 1010
New York, NY 10001, USA
Tel: +212.631.9400
Fax: 212.631.0659
linda.eagle@edcomm.com
http://www.bankersacademy.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Banker’s Academy Certifies 26 Lenders from A New Jersey Bank with Lending Compliance Training here

News-ID: 174484 • Views:

More Releases from Edcomm Banker’s Academy

AL Khaleej Newspaper Features Banker’s Academy Banking Foundations Training Gr …
Al Khaleej Newspaper recently featured the HH Sheikh Ammar Banking Excellence Program graduation ceremony at Ajman Bank in its March 17 edition. New York, NY, May 26, 2011 -- Al Khaleej Newspaper recently featured the HH Sheikh Ammar Banking Excellence Program graduation ceremony at Ajman Bank in its March 17 edition. The article entitled “Graduation of 20 Ajman Bank Trainees. Amar Al Nuaimi: Financial services play an important role in the
Banker’s Academy Offers Bilingual Bank Training Programs in English and Arabic
Edcomm Banker’s Academy now offers bilingual classroom training programs in both the English and Arabic languages. New York, NY, May 26, 2011 -- Edcomm Banker’s Academy now offers bilingual classroom training programs in both the English and Arabic languages. By providing bank staff with bilingual instructors who teach in English, and course materials that are translated into both English and Arabic, financial institutions in the Middle East will improve their communication
Texas Bank Chooses Comprehensive Bank Training from Edcomm Banker’s Academy
A Texas Community Bank has recently chosen comprehensive bank training from Edcomm Banker’s Academy. New York, NY, May 26, 2011 -- A Texas Community Bank has recently chosen comprehensive bank training from Edcomm Banker’s Academy. The Bank has also chosen Edcomm Banker’s Academy’s Learning Management System (LMS), Learning Link® for hosting and maintenance of Banker’s Academy Unlimited. Banker’s Academy Unlimited, from Edcomm Banker’s Academy, provides every employee at a Bank, Credit Union
Texas Retail Bank Chooses Edcomm Banker's Academy for Custom Comprehensive Bank …
A Texas-based Retail Bank has chosen Edcomm Banker’s Academy to provide custom comprehensive bank training. New York, NY, May 19, 2011 -- A Texas-based Retail Bank has chosen Edcomm Banker’s Academy to provide custom comprehensive bank training. The Bank has also opted to use Learning Link®, Edcomm Banker’s Academy’s Learning Management System (LMS), for hosting and maintenance of Banker’s Academy Unlimited. Banker’s Academy Unlimited, from Edcomm Banker’s Academy, provides every employee at

All 5 Releases


More Releases for Bank

Mortgage-Backed Security Market 2022: Industry Manufacturers Forecasts- Construc …
The Mortgage-Backed Security research report is the professional report with the premium insights which includes the size of the business, the ongoing patterns, drivers, dangers, conceivable outcomes and primary segments. The Market Report predicts the future progress of the Mortgage-Backed Security market based on accurate estimations. Furthermore, the report offers actionable insights into the future growth of the market based on inputs from industry experts to help readers formulate effective
Doorstep Banking Services Market Challenges and Opportunities in Banking Service …
Doorstep banking is a facility provided so that user don't have to visit bank branches for routine banking activities like cash deposit, cash withdrawal, cheque deposit, or making a demand draft. The bank extends these facilities at user work place by appointing a service provider on your behalf. This service was earlier available only to senior citizens but it is available to everyone with nominal fee charges, depending on the type
What's driving the Neo and Challenger Bank Market trends? Key Players are Hello …
This Global Neo and Challenger Bank market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years. The global Neo and Challenger Bank market is highly competitive and fragmented due to the presence of numerous small vendors in the market. Atom Bank, WeBank (Tencent Holdings Limited), N26, Starling Bank
Payments Landscape in Iran: Opportunities and Risks to 2021- Bank Saderat Iran, …
Payments Landscape in Iran: Opportunities and Risks to 2021 Publisher's "Payments Landscape in Iran: Opportunities and Risks to 2021", report provides detailed analysis of market trends in the Iranian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including payment cards and cheques during the review-period (2013-17e). The report also analyzes various payment card markets operating in the industry, and provides detailed
Payments Landscape in Iran: Opportunities and Risks to 2021- Bank Saderat Iran, …
Payments Landscape in Iran: Opportunities and Risks to 2021 Publisher's "Payments Landscape in Iran: Opportunities and Risks to 2021", report provides detailed analysis of market trends in the Iranian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including payment cards and cheques during the review-period (2013-17e). The report also analyzes various payment card markets operating in the industry, and provides detailed
India Retail Banking Market Dynamics 2018 by SBI ICICI, HDFC, Axis Bank, Bank o …
Margins among Indian banks remained high at 6.3% in 2017 in comparison to its peers China (2.8%) and Malaysia (2.6%). The average cost-to-income ratio remained at around 53% during 2013-17, marginally higher than China (50%) and Malaysia (51%). However, there remain large disparities in operating efficiencies within the market. The same is also true for profitability, with large disparities in return on assets figures. This is due to rising compliance, regulatory, and other