Banker’s Academy Certifies 26 Lenders from A New Jersey Bank with Lending Compliance Training

May 10, 2011 - PRLog -- New York, NY -- Edcomm Banker’s Academy has recently certified 26 mortgage lenders from a New Jersey Bank through its Lending Compliance training program. Upon competition of Focus on Lending Compliance, participants gained the knowledge, skills and certification needed to greatly reduce risk to their bank.

The No.1 reason cited for high-risk levels at the bank is lack of adequate compliance training for lending personnel. The No.2 reason cited is outdated or inaccessible policies and procedures regarding banking regulations. By educating their lenders about banking regulations and providing them with reference tools, banks will be able to better satisfy examiners and reduce their risk.

Focus on Lending Compliance, from Edcomm Banker’s Academy, is a comprehensive training program that addresses every regulation Lenders need to know including: Bank Secrecy Act (BSA), Anti Money Laundering (AML), USA PATRIOT Act, OFAC, Privacy, Reg P, Gramm-Leach-Bliley Act, Right to Financial Privacy, Sarbanes-Oxley (SOX), Reg CC & Check 21, Reg D, Reg E, Reg Z, Truth in Lending, FCRA, FACT Act, HMDA, CRA and Bank Bribery, among others. The program also includes a guide to all banking regulations, as well as a searchable library of reference materials.

For more information about programs like this, or to find out how The Edcomm Group Banker’s Academy can customize any training program, log onto www.bankersacademy.com or call +1.212.631.9400.

The Edcomm Group Banker’s Academy is a 23-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity, customer service and market share - providing bottom-line results. The Edcomm Group Banker’s Academy has had the privilege of assisting many distinguished clients with business solutions in the form of eLearning programs, online bank training and classroom instruction, multimedia production and online and print based documentation. Edcomm Banker's Academy offers many off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training specifically designed for Banks, Credit Unions and Money Services Businesses (MSBs).

The Edcomm Group Banker's Academy (www.bankersacademy.com) is headquartered in New York City with locations and representation throughout the world.

Contact:
Dr. Linda Eagle
Edcomm Banker’s Academy
21 Penn Plaza, Suite 1010
New York, NY 10001, USA
Tel: +212.631.9400
Fax: 212.631.0659
linda.eagle@edcomm.com
http://www.bankersacademy.com

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