Bank Directors College Provides Educational Training for Bank Board Members.Former Texas Banking Commissioner Joins Forces with Former Senior OCC OCC See: Options Clearing Corporation OCC See Options Clearing Corporation (OCC). Official to Launch Training Program for Bank Directors AUSTIN, Texas -- In response to banking regulators' continued emphasis on the importance of board member training, two former bank regulators have teamed up to launch The Bank Directors College (www.thebankdirectorscollege.com), providing new, as well as, seasoned bank directors with the necessary tools and resource requirements The components of a system that are required by software or hardware. It refers to resources that have finite limits such as memory and disk. In a PC, it may also refer to the resources required to install a new peripheral device, namely IRQs, DMA channels, I/O addresses and memory related to banking regulations and industry issues. Steeped in years of regulatory experience, Catherine A. Ghiglieri, former Texas Banking Commissioner, and Jewell D. Hoover, former Deputy Comptroller for the Office of the Comptroller of the Currency's Western District, researched the marketplace and determined a need for more available education and training for bank directors outside the regulatory industry. "The need for this particular caliber of training program is becoming more and more evident," says Catherine Ghiglieri, co-founder of the program with a 25-year banking regulatory career, including 18 years with the Comptroller of the Currency Comptroller of the Currency A government official, appointed by the President of the United States, who keeps control over all national banks, and receives reports from the banks at least quarterly, to be published in newspapers. . "De novo [Latin, Anew.] A second time; afresh. A trial or a hearing that is ordered by an appellate court that has reviewed the record of a hearing in a lower court and sent the matter back to the original court for a new trial, as if it had not been previously heard nor decided. bank directors are being encouraged, and in some cases, required by the regulators to attend training classes. We are uniquely qualified to provide this necessary training and have developed a stellar curriculum that will serve both new and experienced bank directors well, making them more knowledgeable, and thus more effective board members overall." Comprehensive one-day seminars, which are being conducted throughout the country, cover an extensive array of topics including: * Board Responsibilities * Committees and Governing Structure * Sarbanes-Oxley * Management Information Systems * CAMELS CAMELS Capital, Asset Quality, Management, Earnings, Liquidity, and Sensitivity (creditworthiness assessment system) and Risk Management * Looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. Red Flags * Anti-Money Laundering/Bank Secrecy Act and USA Patriot Act USA PATRIOT Act [Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorists], 2001, U.S. * Audit and Internal Controls * Conflicts of Interest and Insider Policies "The more educated new directors are when they join a bank board, the better the banks fare," says Jewell Hoover, program co-founder with nearly 30 years of bank regulatory experience. "Our extensive training program enables them to hit the ground running. In addition to the seminars, we offer in-bank training designed specifically for seasoned board members, providing them with updated knowledge about new regulations and refresher training Refresher training is a form of updating military knowledge of the reservist troops. After one has completed the conscription service, he or she can be called for refresher training for some amount of days. on subjects such as anti-money laundering Anti-money laundering ("AML") is a term mainly used in the financial and legal industries to describe the legal controls that require financial institutions and other regulated entities to prevent or report money laundering activities. , predatory predatory pertaining to predator. predatory behavior the hunting of birds, mice and small reptiles by cats and the hunting and herding behavior of dogs, often facilitated in a pack. lending, and other hot industry topics," adds Hoover. The Bank Directors College will host four seminars this fall to kick off training for newly-appointed bank directors. The seminars will be held in: * Austin, TX on Oct. 9, 2007 * Atlanta, GA on Oct. 11, 2007 * Orlando, FL on Oct. 17, 2007 * Dallas, TX on Nov. 29, 2007. To register for a seminar or for more information, visit www.thebankdirectorscollege.com or call 512/329-5101. About The Bank Directors College Established by two former bank regulators, The Bank Directors College provides education and training for bank directors, helping them effectively execute their duties and responsibilities as board members of financial institutions. For more information, visit www.thebankdirectorscollege.com. |
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