Banks and the Deposit Function

Course Number: ABA

Course Code: ABA

Guides you through a primary function of banks – the deposit function. Learn the various deposit account types and deposit-related services. Understand the processes for servicing consumer and business deposit accounts. Identify key regulations that govern deposit products and services.

What You’ll Learn

After successfully completing the course, you will be able to:

Explain how the Federal Reserve determines and applies monetary policy in the economy
Describe the types of account ownership
List the requirements for opening deposit accounts
Understand electronic banking for consumers and businesses
Describe federal deposit insurance coverage

Audience: For Onboarding. Anyone who needs an introduction to banking, whether just starting a career in the industry or a more experienced professional from a different industry, including specialists in non-banking functions such as marketing, information systems, and human resources.

Prerequisites: None