Banks
29 min! Run Time
Employees
only
of Completion
What you'll learn
Description
The term "financial institution" covers a lot of ground, from commercial banks to savings and loan associations to credit unions. This introductory course explains what each does and how they differ.
What this course covers:
- What commercial banks, savings and loans, and credit unions each do
- How these financial institutions differ from one another
- The basics of how banks operate
- Why staying current on changing financial regulations matters
Great for anyone working in or alongside a financial institution who wants a solid foundation in how banks fit the wider financial system.
System Requirements
See System Requirements in the Coggno Knowledge Base
Author
Banks
Banks are regulated by the FDIC, the Federal Reserve Board, and the Office of the Comptroller of the Currency, but do you know why? This course explains the reasons behind banking regulation.
What this course covers:
- The four main reasons banks are regulated
- The four entities that share regulatory duties for commercial banks
- How federal regulators divide oversight responsibilities
- The process of evaluating a commercial bank's financial performance
Ideal for banking staff who need to understand the regulatory framework their institution operates within.
Commercial banks are the most diversified of the nation's depository institutions, with the broadest asset and liability powers. This course explains the assets banks hold and why.
What this course covers:
- The types of assets commercial banks may hold
- Bank lending practices with commercial and industrial firms
- Business and consumer loan types banks offer
- Bank liabilities, capital, and capital requirements
- How asset and liability structures are organized
Built for banking professionals who want a clearer picture of asset-liability management and bank balance sheets.
Comprehending percentages and interest rates is essential to working in the banking industry. This course helps learners build confidence with the math behind everyday banking.
What this course covers:
- How to define and calculate percentages
- Basis points and yield differentials
- The concept of interest in banking
- Simple and compound interest and how to calculate each
Perfect for new banking employees who want a firm grasp of the percentages and interest calculations they will use on the job.
"Financial institution" is a broad term covering commercial banks, savings and loan associations, and credit unions. This module lays out the basics of each so you can tell them apart.
What this course covers:
A useful starting point for new banking staff and anyone who works with financial institutions.