Description
Guides you through a primary function of banks – the deposit function. Learn the various deposit account types and deposit-related services. Understand the processes for servicing consumer and business deposit accounts. Identify key regulations that govern deposit products and services.
Duration: Approximately 10 minutes
Created: November 2017
What You’ll Learn
After successfully completing the course, you will be able to:
- Explain how the Federal Reserve determines and applies monetary policy in the economy
- Describe the types of account ownership
- List the requirements for opening deposit accounts
- Understand electronic banking for consumers and businesses
- Describe federal deposit insurance coverage
Audience
For Onboarding. Anyone who needs an introduction to banking, whether just starting a career in the industry or a more experienced professional from a different industry, including specialists in non-banking functions such as marketing, information systems, and human resources.
Course Credits
ABA Certificates: This course applies to the following certificates as part of the Banking Basics Suite:
- Bank Solutions Provider Certificate
- Bank Teller Certificate
- Branch Manager Certificate
- Customer Service Representative Certificate
- Personal Banker Certificate
- Small Business Banker Certificate
- Supervisor/Team Leader Certificate
- Universal Banker Certificate