Introduction to US Banking & the Payments System

Frontline & New Accounts Sales & Specials

On-Demand Webinar

StreamedApr 2, 2018Duration60 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

See Registration Options

The quicker you learn, the more effective you will be, and the more your employer will notice.

This webinar will provide a better understanding of the industry and your financial institution, making you a more well-rounded employee.

HIGHLIGHTS:

Brief primer on the history of financial institutions
Banks, credit unions, thrifts, and non-bank financial entities
Supervision and regulation of banks
The role of the Consumer Financial Protection Bureau (CFPB), FFIEC, Federal Reserve, OCC, FDIC, and NCUA – who regulates whom?
What products/services do banks offer?
How do banks make money?
The payments system: check collection/return process – from both the front- and back-of-house perspectives
Where checks go after the transaction

WEBINAR DETAILS

Whether you are new to banking or have worked at a financial institution for some time, it is crucial to understand your role in the big picture. This webinar will provide a foundational understanding of the banking system from its beginning, the various types of financial entities, and the role of regulatory agencies. The course will then introduce the bank payments system and go through the check collection and return process.

WHO SHOULD ATTEND?

This informative session is directed to new frontline employees and will provide a better understanding of how the US banking system functions.

TAKE-AWAY TOOLKIT

Cheat sheet of banking acronyms
List of primary regulatory agencies and authority
Check collection process diagram to visualize the life of a check
Employee training log
Quiz you can administer to measure staff learning and a separate answer key

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your agency is prohibited. Print materials may be copied for eligible participants only.

Presented By

Ann Brode-Harner