News | CFTEA | Center for Financial Training & Education Alliance

Spotlight On CFTEA’s Council: Maureen Golden

November 5, 2021

Spotlight On CFTEA’s Council Maureen Golden Passumpsic Bank Maureen Golden is Vice President, Commercial Loan Officer and Banker for Passumpsic Bank. This is what she had to say about her experience on the council: “I am honored to be a Council Member because I believe our local banking community is vital to the economic success of our citizens, especially business owners. I have heard directly from many customers over the last 5 years that they feel the experience and

Updated: Residential Mortgage Lending Textbook

November 3, 2021

We are pleased to announce the 11th edition of our Residential Mortgage Lending Textbook. We are thrilled to be working with a partner that is an expert in the field and keeps the content up to date annually. The new book is set to replace our 10th edition of this book. Positive reviews on this material in a rapidly changing landscape continue to pour in! This text covers topics required by the SAFE Act: Federal lending legislation, ethics, and nontraditional

Course Credit for No Charge! A Win-Win Situation.

November 3, 2021

As a nonprofit, CFTEA continually looks for opportunities to provide course transfer opportunities that are mindful of organizational training dollars. Have you completed teller training through your organization’s learning and development or through branch in person training? That training can be transferred into CFTEA for credit toward Today’s Teller at no charge. That is a first step toward gaining the Foundations in Banking Certificate. Start your career development at a financial institution with training that has already been completed and

Revealing Our Final October Winner of the #WhatIsMyWhy Contest

October 29, 2021

#WhatIsMyWhy Winner – Week 4 Congratulations Crystal Meyer from Mechanics Savings, a division of Maine Community Bank!

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,