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2022 Making a Difference Award Winner

September 26, 2022

Brianna Critch of Claremont Savings Bank has been awarded our 2022 Making a Difference Award. The award is based on innovative thinking and inspiration. In the post-pandemic world, CFTEA is constantly growing in an effort to provide career thinking to the next generation of professionals. As an active CFTEA council member, Brianna engages in a way that provides opportunities that aren’t just the same thing the non-profit has always done. At one of the council meetings, Brianna suggested that young

Demand Increasing for Nonmedical Benefits

September 21, 2022

Studies repeatedly cite health insurance as the most desired workplace benefit among employees. However, recent studies show an increasing demand for nonmedical workplace benefits. CFTEA provides career-specific training that is a key benefit for employees to support in gaining talent. In November 2021, LIMRA reported that nonmedical benefits are expected to increase 20% by 2026. This data comes from a survey conducted by LIMRA and Ernst & Young. Findings from the survey: Employees have a growing interest in nonmedical benefits,

Announcing: ABA Certificate Updates

September 19, 2022

The following certificates have been updated by ABA: Certificate in Deposit Compliance Certificate in Lending Compliance Core Concepts The following certificates have been added by ABA: Certificate in Compliance Essentials Certificate in Mortgage Lending Compliance Students currently completing the old versions of the Certificate in Deposit and Lending Compliance will not see disruption and can complete the old material. New students will receive the new programs.

Build a Culture of Learning

September 14, 2022

According to the World Economic Forum, more than half of all employees will require significant reskilling and upskilling by 2025. But while many companies understand the importance of employee training, implementation remains a challenge. Nationally, less than 10% of eligible employees access tuition reimbursement programs. CFTEA in-house courses allow organizations to infuse their culture, policies, procedures, and unique situations into reskilling and upskilling employees. Employers who invest in staff development help their employees hone strengths

Learning Statistics

September 7, 2022

68% of workers consider training and development opportunities an organization’s most important policy. Companies that invest in training have a 24% higher profit margin. Learning and training at a workplace are important to 87% of millennials. Employee retention rate grows by 30–50% at companies with a potent training program. 12% of employees claim they use the knowledge acquired through training to do their job. Ineffective training costs companies $13.5 million per 1000 employees annually. 94% of employees would stick with an organization longer if it invested in their training.

Announcing: Working Remotely Certificate Bundle

August 17, 2022

As people suddenly transitioned to remote work, they were bombarded with relevant articles around logistics. Most tips covered questions like: How do I remove distractions while working from home? How do I set up a “work-from-home” station? What’s the etiquette for video calls? Click to discover more about the content of CFTEA’s Working Remotely Certificate Bundle! But as this transition has become the new norm (whether permanently or as a flexible, hybrid option), the focus has shifted. It’s time to get a handle on work-from-home

Small Steps to Take Charge of Your Career Growth

August 10, 2022

Your career is your most valuable financial asset. Not convinced? Take your current or expected salary and multiply it by 40 working years (the length of an average career). Compare that number to all your other assets. Is there anything even close? Probably not. That’s good news as you have a large asset you may not have previously considered! The better news is that you can take steps to make this asset worth even more. You can make it

Updated: Accounting Certificate and Diploma

August 3, 2022

In our ongoing effort to bring the best in career advancement, CFTEA’s Accounting Certificate and Accounting Diploma have been updated to provide content that directly supports career development within the Accounting & Finance departments. See the changes that bring you closer to success in this critical banking career. Updates include detailed information on call reporting, Fedwire regulations, ACH and wire payments and settlements, as well as seeing how banking integrates with our national economy. The updates are live on our

Updated: Cash Management Certificate

July 27, 2022

In our ongoing effort to bring the best in career advancement, CFTEA’s Cash Management Certificate has been updated to provide new content. See the changes that bring you closer to success in merchant services and cash management roles while supporting business customers. Updates include courses that provide an overview of business cash management services, PCI security compliance for credit card transactions, and insight to understand the lifecycle and needs of small business customers in the community. At this time, no

93% of Employers Want Durable (Soft) Skill Development

July 20, 2022

In an era when technical skills are evolving at an unprecedented pace, there is an important set of durable ‘soft skills’ that last a lifetime. Durable Skills include a combination of how you use what you know – skills like critical thinking, communication, collaboration, and creativity – as well as character skills like fortitude, growth mindset, and leadership. And, the top 8 Durable Skills were requested in job postings 4.7 times more often than the top 8 hard skills. In

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