News | CFTEA | Center for Financial Training & Education Alliance

Spotlight on Success: Adam Bowman

February 11, 2022

Spotlight on Success: Adam Bowman TowneBank Adam began working at TowneBank in 2018 and has recently transferred from a member service specialist in a retail facility to working in the loans department. As someone new to the financial world, Adam had this to say about one of his ABA courses through CFTEA, “I took Principles of Banking which was very insightful. It laid a good foundation for a person who previously had no banking experience. It also showed

Announcing New ACE CREDIT Courses!

February 9, 2022

Looking to Transfer courses with ACE Accreditation into a College? What is ACE Credit? What is ACE Accreditation? ACE CREDIT recommendations are used by students to obtain college credit or advanced college placement for formal courses or exams taken outside the traditional classroom, including the military. ACE supports all learning, including skills gained from experiences outside postsecondary education. Credit for prior learning provides a range of options, from recognition of military and workforce training to national examinations and portfolio development. With more options to document

Legislation Proposed to Permit HSAs for Children

February 4, 2022

The Child Health Savings Account Act of 2022 (H.R. 6507), introduced by Beth Van Duyne (R-TX) in the House of Representatives, would expand HSA contribution eligibility requirements by allowing parents to contribute and deduct up to $3,000 each year to their childrens’ HSAs. The HSA will be treated as the parent’s HSA until the child reaches age 18. At that time, it would become the child’s HSA. As the bill is currently drafted, any distributions taken out of the HSA

Announcing New Expanded Career Paths

February 2, 2022

Announcing New Expanded Career Paths ⭐ Expanded career paths now include a highly requested one for Assistant Branch Managers. Looking to recruit and retrain from within? CSAs, CSRs, Personal, Relationship, and Universal Bankers now have an educational path for success! Visit our Career Paths by using the links below: Assistant Branch Manager Certificate Assistant Branch Manager Diploma Visit our website to discover over thirty-five career paths and options for all phases in your current career

What Is My Why? Colleen MacArthur

January 28, 2022

Over and over, we hear how CFTEA has supported aspiring career seekers to advance through the various stages of their careers. Colleen MacArthur from Northway Bank explains how she has been impacted. What is your why for taking CFTEA courses? #whatismywhy

Announcing a New Certificate for 2022

January 26, 2022

Announcing a New Certificate for 2022! 🏆 Organizations are looking for the best-qualified candidates in the job market. What are the key skills that are essential in today’s workforce? Interestingly, they are not skills taught in most schools and colleges today. To support success as a new hire in all types of careers, the CFTEA Education Committee has developed the Essential Professional Skills Certificate focusing on the skills needed to bring your best to a new career.

Decide this will be a very good year!

January 19, 2022

Here we are at the start of a new year. Right now, you’re thinking about and planning all the things that you want to accomplish in your life. You might be licking your wounds from last year. We hear you. Use this time of year to reset, refresh your mind, get clarity on your goals and get determined. You can’t always control what happens to you but you can control how you respond. You have the power to change

Giving Back in 2021

January 11, 2022

While the pandemic has hit nonprofits and education hard, CFTEA is proud to announce 2021 Give Back efforts made possible by your continued support of our organization. CFTEA has always been rooted in the community and our community partners are important to us. Where opportunities exist, we provide a way to support limited training budgets that support individuals in our local communities. Better education means better careers leading to a stronger community. In 2021, we are proud to announce that

2022 Instructor Led Online and Webcourse Calendar

January 5, 2022

Gain access to industry knowledge to enhance your career and enhance your confidence in a safe and flexible format. Businesses are navigating unchartered territory during the COVID-19 pandemic. What began with the cancellation of conferences, was followed by a halt to in-person meetings and restricted travel. The majority of today’s workforce is now, at least temporarily, working remotely from home while adapting to significant change. In the meantime, technology continues to evolve rapidly, making training a crucial priority. A well-trained staff: Increases

IRS Issues Draft Instructions for Reporting of Qualified Disaster Retirement Plan Distributions and Repayments

January 3, 2022

The IRS has provided draft Instructions for Form 8915-F, Qualified Disaster Retirement Plan Distributions and Repayments. Form 8915-F is to be used to report Qualified 2021 and later disaster distributions, Qualified 2020 disaster distributions made in 2021 or 2022, Repayments of qualified 2020 and later disaster distributions, Income in 2021 and later years from qualified 2020 and later disaster distributions, and Qualified distributions received in 2021 and later years. In the past, the nomenclature for Form 8915 has changed each reporting