April 2018 - Online Training Newsletter

Apr 30, 2018

On March 14, the Senate passed the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155). The bill is now in the hands of the U.S. House of Representatives. ICBA staff and community bankers across the country are working diligently with lawmakers to get this bill passed and onto the desk of the president to sign into law.

If passed, this bill will give community banks with assets of less than $10 billion regulatory relief in several areas including, qualified mortgage safe harbor from the ability to repay, appraisal relief in rural areas, HMDA adjustments to data collection, and escrow requirements.

At Community Banker University, we are waiting in anticipation and preparing for the bill to pass. If and when this this happens, we will update and create new courses to address all the changes in the bill. Stay tuned to our newsletters as these changes may affect your bank's annual training efforts.

Sign ICBA's Reg Relief Petition

Community bankers can use ICBA’s Be Heard grassroots action center and S. 2155 petition drive to urge the House to quickly pass the regulatory relief legislation. ICBA encourages all community bankers to take part in the initiatives and enlist staff, colleagues, directors, friends, and allies to maximize the industry’s voice.


Updated Courses

On April 17 and 18, the following courses were updated and made available. If your learners were already enrolled in either of these courses and have not yet completed the coursework, the updates will automatically be there when they launch. There is no need to re-enroll them.

  • Regulation CC: Funds Availability Act – In Depth – updated to reflect the Regulation CC amendments which are effective July 1, 2018.
  • Appraisal Standards - updated to reflect the recent threshold changes for commercial properties effective April 9, 2018.

Did You Know?

If you missed a previous Online Training Newsletter you can find them on the ICBA website in the Education dropdown under Online Training Center.

What’s Next?

Production is underway for the new Bank Secrecy Act courses. The courses below will have an entirely new look and function. As soon as the new courses are ready, we will provide online training administrators with information on how to access.

  • BSA for Frontline & Deposit Operations
  • BSA for Lenders & Loan Operations
  • BSA for Senior Management & Directors
  • BSA for BSA & Compliance Officers
  • BSA Overview for all Personnel