News | CFTEA | Center for Financial Training & Education Alliance

Course Update: Understanding Banking Products

October 27, 2021

Our Understanding Banking Products course has been updated to reflect changes in retirement savings limits and changes made to Money Market accounts during the global pandemic. Earlier this year, the federal government made a rule change that may affect the way you use your savings or money market account. Regulation D is a federal banking rule that affects how banks and credit unions are able to classify certain types of bank accounts. On April 24, 2020, the Federal Reserve Board announced

Cybersecurity Awareness: How to Protect You & Your Organization Against Phishing

October 26, 2021

Cyberattacks, such as phishing, cost businesses billions of dollars each year. Each year cybercriminals become wiser and find new ways to target you and your company. The first step to fighting cybercrime is awareness and education. Educate yourself on how you can defend your company against a phishing attack with the following tips. What is a Phishing Attack? A phishing attack is a type of fraud in which the attacker tries to learn information such as: usernames, passwords or credit

Newly Retired ABA Courses

October 23, 2021

From time to time content is discontinued. The following instructor led online courses have been retired by the American Banker’s Association (ABA): Basic Administrative Duties of a Trustee Introduction to Trust Products and Services Looking for current training on this topic? Check out ABA’s Certificate in Trust Administration.

Revealing Our Third Winner for our What Is My Why Contest

October 22, 2021

#WhatIsMyWhy Winner – Week 3 Congratulations Amy Vance from Wells River Savings Bank! Don’t miss out on the last drawing of a $25 Amazon Gift Card!

Council Spotlight: Tara Donovan

October 22, 2021

Spotlight On CFTEA’s Council Tara Donovan Union Bank Tara Donovan is the Branch Manager of the Littleton NH Dells Rd Union Bank. This is what she had to say about her experience on the council: “I became a council member to be able to participate in a Non-profit organization that is able to help employees in financial businesses grow and succeed within their business and to also keep informed of what’s new and exciting within CFTEA so that I can

New to a Banking Career? Gain Key Skills for Success.

October 20, 2021

Are you new to a career at a financial institution? It is a wise choice in today’s job market. While there are lots of employment options currently, the banking sector is a consistent and reliable source of well-paid jobs. Careers in banking will also provide you with a number of transferable skills, from dealing with people to crunching numbers, so a job in the banking sector can be your gateway to other types of job in the future, too. Moreover,

Cybersecurity Awareness: What You Need to Know About Ransomware

October 19, 2021

With the rise of cybercrime, ransomware is a serious threat. Here’s what you need to know about the file-encrypting malware, how it works and what you can do as an institution to protect yourselves. What is Ransomware? Ransomware is malware that employs encryption to hold a victim’s information at ransom. A user or organization’s critical data is encrypted so that they cannot access files, databases or applications. A ransom is then demanded to provide access. Ransomware is often designed to

Revealing our Second What Is My Why Contest Winner

October 15, 2021

#WhatIsMyWhy Winner – Week 2 Congratulations Anna Johnson from Northfield Savings Bank! Don’t miss out on the next drawing of a $25 Amazon Gift Card!

Webinar: Learn about Lending Assessments and Pinpoint Training Needs

October 14, 2021

Enhance the credit skills of your employees by identifying their credit skills gaps and implementing a training program to address them! Thank you for passing along to those that may be interested in this topic at no charge. In this free webinar, we will cover: What are the main credit skills employees should have to be successful with consumer and business loans? How to implement a diagnostic assessment process to identify organization’s main credit skill gaps.

Cybersecurity Awareness: How To Be Safer Over Wireless Connections

October 12, 2021

The average individual protects their home wireless network by setting up a password to prevent their neighbors or others from taking control of your data. In a post-pandemic world, where many are still working remotely, we have to be more serious about wireless networking connections. Why is it important to be safe on wireless connections? Something you may not have considered is that your WiFi network does not end at your office or home walls. In fact, your wireless network