Banks and the Deposit Function

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.

Duration: Approximately 10 minutes
Created: November 2017

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.

Course Credits

ABA Certificates: Effective January 2018, this course will apply to the following ABA Certificates:

 

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Questions? Please contact training@aba.com for more information.
 

 Purchase

 

Purchase for a Team
To license this course to your bank for multiple learners, please contact ABA Training.

 

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