MIDWESTERN COMMUNITY BANK CHOOSES THE EDCOMM GROUP TO DELIVER BANKING COMPLIANCE TRAINING

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News Archive > 2007 > Apr > 11
A Midwestern Community Bank has chosen The Edcomm Group to deliver customized compliance training for its bank-wide training needs.
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April 11, 2007 (Press Release) -- (NEW YORK, NY) – April 11, 2007

A Midwestern Community Bank has chosen The Edcomm Group to deliver customized compliance training for its bank-wide training needs. This Midwestern Community Bank was under contract with Digital University, but took advantage of Edcomm’s “Switch for Compliance Excellence” program.

"Switch for Compliance Excellence" was developed by Edcomm as a way for banks and credit unions that are currently under contract with a different compliance training vendor, to switch to Edcomm's Focus on Compliance course, free of charge. Edcomm is offering to switch any bank or credit union from any vendor at no cost to the organization.

Dr. Linda Eagle, President of The Edcomm Group said, "We want to enable every bank and credit union to provide the very best compliance training to their people by delivering our Focus on Compliance program. If you're working with another vendor - BAI, BankersEdge, Bankers Systems, BTCC, BVS, Compliance Coach, Digital University, Harland, Kirchman, Sage Online Learning, Thomson NETg, TRC Interactive, Trinity Workplace Learning, Sheshunoff, Wolters Kluwer, or anyone else - we will switch you over at no additional cost to your organization."
Eagle explained a few of the differences between Edcomm's Compliance Training and the products and services offered by other vendors. "Our content is superior and our service is superior, but it doesn't stop there. When we sign up a bank or credit union, it's their choice to renew. We don't demand a binding, multi-year contract the way most of our competitors do. Banks and credit unions stay with Edcomm because they want to, not because they have to!"

Focus on Compliance, a computer-based, distance learning program, can be delivered via Internet, intranet or CD. The program teaches banking compliance using easy-to-understand language in an interactive, self-paced format. Participants learn from their own perspective, with a curriculum customized to their position. Focus on Compliance covers: Bank Secrecy Act (BSA), Anti-Money Laundering (AML), USA PATRIOT Act, OFAC, Privacy, Gramm-Leach-Bliley, Sarbanes-Oxley, Reg CC, Check 21, Reg E, Truth in Lending, FCRA, FACT Act, ECOA, Fair Lending, HMDA, CRA, and Bank Bribery, among others. The program also includes a quick reference to all banking regulations, as well as a glossary of terms and a reference library.

For more information about programs like this, or to find out how The Edcomm Group can customize any training program, log onto www.bankersacademy.com or call 888-433-2666.

The Edcomm Group (www.edcomm.com) (www.bankersacademy.com) is headquartered in New York City with an Advanced Design Center located in Fort Washington, Pennsylvania.


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