Learn Banking Fundamentals

As a participant in ICBA ThinkTECH Accelerator, your company receives brand recognition, awareness, promotional, and exhibiting opportunities only available to ICBA Corporate Members and Preferred Service Providers.

As an ICBA ThinkTECH Accelerator participant, your company receives free access to ICBA Community Banker University’s Principles of Banking online certificate program.

This coursework is essential for every Accelerator participant to train their entire team on the industry that your solutions serve.

If you would like to gain access to this course, contact Stephanie Foster.

Program Description

The Principles of Banking certificate program offers a comprehensive look at the banking industry.

The courses within the program will help your company’s employees understand how a bank makes money, how it is structured, the various products and services a community bank may offer, general federal compliance regulations, security requirements, and types of fraud that occurs in the banking system.

The certificate program is an online, self-paced program that takes approximately 7 hours to complete.

  • Banking Landscape: A brief history of banking, a review of how a bank works, and discussion of how banks are influenced by its employees, customers, competitors, and regulators.

  • Bank Structure: Learn about the unique structure of a bank due to its role as a financial intermediary, regulatory requirements, and its role in the community.

  • Banking Finance: Break down some of the basics of bank financial statements and how a bank balances its role of making money for shareholders, managing risk, and serving the community.

  • Banking Products & Services: Part 1: Review a variety of deposit and loan products that banks offer and the processes that go into opening these accounts.

  • Banking Products & Services: Part 2: Look beyond traditional products to learn about electronic and non-electronic banking products and services such as cash management, payment methods, and international banking services.

  • Federal Deposit Insurance Corporation (FDIC): Understand the basic functions of the FDIC, the rules that apply to different types of deposits, and what it means for bank policies and procedures to be in compliance.

  • Product Knowledge & Cross-Selling: Examine how knowledge of the bank’s products and services help meet customer needs and build strong customer relationships.

  • Compliance Laws & Regulations: An overview of compliance laws and regulations related to deposit accounts, loans, fair lending, the Bank Secrecy Act, and other general areas of banking.

  • CAMELS: The Uniform Financial Institution Rating System (UFIRS), more commonly known as CAMELS rating, is an internal rating system used by the banking regulators for assessing the soundness of financial institutions. Review each component of the CAMELS rating and the principal evaluation factors that relate to each component.

  • Safeguarding Customer Information: Examine the role of banks in protecting customer financial information.

  • Physical Security: An overview of the bank’s security program, physical security controls put into place at a bank, robbery and other violence, and disaster recovery programs.

  • Banking Fraud: Learn about different types of fraud that affect the banking industry including counterfeiting, check fraud, identity theft, insider fraud, elder abuse, and cybercrime.