The Federal Reserve Bank of Kansas City has an amazing free training resource for bank directors, aptly named Training for Bank Directors. The information is available at: https://www.bankdirectorsdesktop.org/training.cfm?m=01&l=01&s=1.htm.
The computer based training includes approximately fifty modules covering the following topics:
* What is a Bank?
* Regulatory Structure
* Regulatory Compliance
* Bank Safety and Soundness
* When Things Go Wrong
The material is basic. You will not be granting PhDs in banking to directors who complete the course. But the material assures a certain base level of knowledge for all directors. Many of the modules contain quizzes to assure the material is understood. The test results are viewed only by the student and are not reported to management.
The courses are easy, non-threatening and free. JacksComplianceResource.com awards this training effort its highly coveted ♦♦♦♦ rating. Check it out.
