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Edcomm Banker's Academy Adds Community Reinvestment Act to Online Resource Center

Edcomm Banker’s Academy has recently added the Community Reinvestment Act to its online library and resource center.
NY, New York, United States (pr4links.com) 01/12/2010
New York, NY, December 01, 2010 -- Edcomm Banker’s Academy has recently added the Community Reinvestment Act to its online library and resource center for Banks, Credit Unions and Money Services Businesses (MSBs) at www.bankersacademy.com/library.php. The library presents the important information that financial institutions around the world need to know about the Community Reinvestment Act in an organized and easy-to-use format.

The Community Reinvestment Act is a United States federal law designed to encourage commercial banks and savings associations to meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods. Passed by Congress in 1977, the Act requires the appropriate federal financial supervisory agencies to encourage regulated financial institutions to meet the credit needs of the local communities in which they are chartered, while maintaining consistently safe and sound operations.

The Banker's Academy Library contains vital and current industry information such as regulatory references, forms, articles and other important documents. The library currently includes the full Bank Secrecy Act (BSA), Basel II, the FATF’s Forty Recommendations on Money Laundering, the FATF’s Nine Special Recommendations on Terrorist Financing, Flood Insurance Act of 1968 and Flood Disaster Protection Act of 1973, EU Directives for Anti Money Laundering (AML), Community Reinvestment Act, Consumer Credit Protection Act, Equal Credit Opportunity Act (ECOA), and FACT Act or FACTA. The industry experts at Banker's Academy will continue to add new information every day as a part of their commitment to providing the most pertinent and up-to-date financial services information.

For more information about programs like this, or to find out how The Edcomm Group Banker’s Academy can customize any training program, log onto www.bankersacademy.com or call +1.212.631.9400.

The Edcomm Group Banker’s Academy is a 23-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity, customer service and market share - providing bottom-line results. The Edcomm Group Banker’s Academy has had the privilege of assisting many distinguished clients with business solutions in the form of eLearning programs, online bank training and classroom instruction, multimedia production and online and print based documentation. Edcomm Banker's Academy offers many off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training specifically designed for Banks, Credit Unions and Money Services Businesses (MSBs).

The Edcomm Group Banker's Academy (www.bankersacademy.com) is headquartered in New York City with locations and representation throughout the world.

Contact:
Dr. Linda Eagle
Edcomm Banker’s Academy
21 Penn Plaza Suite 1010
New York, NY 10001
Tel: +212.631.9400
Fax: 212.631.0659
linda.eagle@edcomm.com
http://www.bankersacademy.com

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kalaimani

11th avenue
Zipcode : 10001
+212.631.9400
linda.eagle@edcomm.com
http://www.bankersacademy.com