Course

Course Summary
Credit Type:
Course
ACE ID:
CUNA-0023
Organization's ID:
0023
Organization:
Credit Union National Association (CUNA)
Location:
Classroom-based
Length:
4 hours
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 1 Finance or Banking
Description

Objective:

The course objective is to help students develop a strong working knowledge of truth-in-savings, reserve requirements, electronic fund transfers, collection of checks and Articles 3 and 4 of the Uniform Commercial Code (UCC).

Learning Outcomes:

  • Apply credit union's forms, procedures and marketing pieces in compliance with the regulations
  • Have knowledge of the major requirements of each regulation
  • Know where to look for specific details of each regulation
  • Describe how to use the sample forms included in the module
  • Assess how each regulation affects credit union daily operations

General Topics:

  • : truth in Savings-National Credit Union Administration Part 707
  • Reg D-Reserve Requirements
  • Reg E-Electronic Fund Transfers
  • Reg CC-Expedited Funds Availability and Collection of Checks
  • UCC Articles 3 and 4-Law of Checking Accounts
  • Reg J and UCC Article 4A
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Case Studies
  • Classroom Exercise
  • Computer Based Training
  • Discussion
  • Lectures
  • Practical Exercises
Supplemental Materials