Recent events impacting the banking industry have moved from the financial pages to the front pages of many newspapers throughout the country. This exposure has heightened the interest of many in the financial services industry. This is the class if you are interested in learning more about banking, the major banks and the critical services they prove.

The Fundamentals of the Banking Industry will present the basics of this important sector of financial services. Beginning with significant events in the US banking systems, then a review of the types of banking institutions, the role of the Federal Reserve and the broad of services banks provide to individuals and commercial organizations. This in an interactive class and participants will be encouraged to explore related areas of their interest. 

v  Significant events in the US Banking industry

v  Types of Banking Institutions

     ·         Bank Holding Companies

     ·         Commercial banks

     ·         Thrifts

     ·         Savings Banks

     ·         Savings & Loans

     ·         Credit Unions

v  Federal Reserve System

     ·         Profile & Structure

     ·         Financial services

     ·         Supervision

     ·         US Monetary Policy

v  Services

     ·         Personal banking

     ·         Private banking

     ·         Commercial / Business services

v  Management of Assets & Liabilities

     ·         Assets

          o   Cash

          o   Loans

          o   Investments

     ·         Liabilities

          o   Deposits

          o   Fed Funds purchased

          o   Other liabilities

     ·         Principles of Matched Funding

v  Payment Systems

     ·             Retail

     ·             Wholesale

          o   Private Sector

v  Supervision & Examinations

     ·         Federal Agencies

     ·         State Agencies

     ·         CAMELS Ratings

v  Significant Regulations

     ·         Interstate Banking and Branching Efficiency Act

     ·         Regulation A & AA

     ·        Regulation B & BB

     ·         Regulation C & CC

     ·        Regulation D & DD

     ·         Regulations E to K, P, Q. Y & Z

     ·         Bank Secrecy Act

     ·         USA PATRIOT ACT

     ·         Check 21