Oregon Bankers Association - Independent Community Banks of Oregon

Law and Banking Applications

AIB Course Code: 3670

Course Length: 16 weeks

Course Description:
This newly updated AIB course reflects the ways that banks do business and how they are affected by laws and regulations --- in plain English for the non-lawyer. It is devoted to the basic laws and banking regulations that govern deposit accounts, lending, real estate lending, bankruptcy, non-deposit products and services, international banking, marketing, safety and soundness, and information reporting.

Audience:
Personnel who are new to banking or require a refresher course on the legal basis for many banking services and transactions..

Learning Objectives:
After successfully completing this program, you will be able to:

Discuss laws and regulations pertaining to deposit account relationships such as regulations D, E, Q, CC, and DD
Explain legal protections afforded to consumers by such laws as Equal Credit Opportunity, Fair Housing, and Truth in Lending, and more
Describe key laws affecting real estate transactions such as RESPA and HOEPA, and more
Describe provisions of bankruptcy law covering liquidation, rehabilitation, and relief, and the 2005 Bankruptcy Abuse
Prevention and Consumer Protection Act
Identify major laws and regulations governing bank trust, securities and insurance activities; marketing and international banking
Describe major provisions of laws and regulations protecting bank operations such as regulations O and W
Explain provisions of laws such as HMDA, Bank Secrecy Act, USA Patriot Act, Financial Privacy and OFAC regulations

Course Credits: AIB: 3.0; ICB: (CCTS, CLBB, or CRCM) 45.0

ACE College Credit Recommendation:
In the lower division baccalaureate/associate degree category, 3 semester hours in Business Law

Textbook:
Law & Banking, 2005 , ABA (This textbook is used for both the Law and Banking: Applications and Law and Banking: Principles online courses. If you purchased the book for one of the courses, you should register for the second course without the textbook.)

Topics Covered: