Edcomm Banker’s Academy has recently updated its Compliance training program to include The Higher Education Opportunity Act (HEOA).
New York, NY October 24, 2009 — Edcomm Banker’s Academy has recently updated its Compliance training program to include The Higher Education Opportunity Act (HEOA). The Truth In Lending Act (TILA) module of Focus on Compliance has been revised as part of Edcomm Banker’s Academy’s commitment to providing the most up-to-date and accurate financial services information.
The HEOA includes several new reporting requirements for institutions as well as grant programs for students and colleges. Its purpose is to lower the cost of college education and simplify federal loan applications. The HEOA establishes rules regarding relationships between higher education institutions and lenders, including conflicts of interest, preferred lender lists and disclosure of loan terms and conditions. Under the Act, the Federal Government will, for the first time, regulate not only federal student loans but private educational lending as well.
Focus on Compliance, from Edcomm Banker’s Academy, is a computer-based, distance-learning program that can be delivered via Internet, Intranet or CD. The program teaches banking compliance in an interactive, self-paced format. Focus on Compliance covers: Bank Secrecy Act (BSA), Anti Money Laundering (AML), USA PATRIOT Act, OFAC, Privacy, Reg P, Gramm-Leach-Bliley Act, Right to Financial Privacy, Sarbanes-Oxley (SOX), Reg CC & Check 21, Reg D, Reg E, Reg Z, Truth in Lending, FCRA, FACT Act, HMDA, CRA and Bank Bribery, among others. The program also includes a quick reference guide to all banking regulations, as well as a searchable library of reference materials.
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 22-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, 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.
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Contact:
Dr. Linda Eagle
Edcomm Banker’s Academy
21 Penn Plaza Suite 1010
New York, NY 10001, USA
Tel: +212.631.9400
Fax: 212.631.0659
[email protected]
http://www.bankersacademy.com
