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ABA Principles of Banking

ABA Principles of Banking


Course Description –  Long recognized as the standard introduction to the banking industry, Principles of Bankingtouches on nearly every aspect of banking, from the fundamentals of negotiable instruments to contemporary issues and developments within the industry.
$500 NBA or ABA Members/$650 Non-Members
A shipping/handling fee is added to ABA Online Courses with textbooks. State sales tax applies to cost of text only.
16 Weeks   For 10-week version (Principles of Banking Accelerated), click here.
Course Credits
ACE: See below
Required Software
Principles of Banking, 2014; Fee includes textbook.
Classroom Training – Textbooks
Purchase textbooks for in-bank or classroom training.  Call (402) 474-1555 to discuss earning ABA credit for in-bank courses.
Audience – Personnel new to banking at any level.
Learning Objectives – After completing this course, students will be able to:
  • Discuss the relationships banks have with their customers and their communities and describe the traditional, non-traditional, and electronic services that banks provide
  • Explain the evolution of commercial banking in the United States and the federal legislation that shaped its development
  • Describe the creation of the Federal Reserve System and the Fed’s role as the agent of monetary policy and as a bank regulator
  • Discuss various deposit instruments, the many ways customers can make deposits, and the means tellers have for establishing a customer’s identity
  • Define negotiable instruments as they relate to checks and describe the features that make a check negotiable
  • Distinguish between paying a check and cashing a check and explain the procedures for paying checks received through the check clearing system, including relevant regulations and consequences of wrongful dishonor
  • Explain the process a bank must go through to post a check to an account and discuss controls and security measures that protect the bank and tellers from losses due to fraud
  • Discuss the legal restrictions on bank loans, describe the role of the bank’s board of directors in establishing and overseeing lending policy, and identify basic loan categories
  • Explain the objectives of funds management, including asset and liability management, and the objectives of bank investments
    Recognize the importance of accurate accounting data and describe the categories on the balance sheet and income statement
  • Discuss the components of the marketing concept and how understanding customers and market research lead to the success of marketing efforts
  • Explain specialized services offered by banks, including trusts, safe deposit services, and global banking services, and newly expanded brokerage and insurance services authorized by the Gramm-Leach-Bliley Act
  • Describe how electronic funds transfers systems and bank cards facilitate purchases, discuss home banking options for consumers and cash management options for businesses, and explain some of the systems developed to provide security and prevent loss
ACE College Credit Recommendation – In the lower division baccalaureate/associate degree category, 3 semester hours in Banking, Business Administration or Finance.
Proctored Examination Required
This course requires proctored exams. You will need to identify a person from your institution who will proctor your exams during business hours, Monday – Friday between 9 a.m. and 5 p.m., Eastern USA Time. This person should be your Human Resources Training Manager, supervisor, or someone from the management team of your organization. Make sure to arrange your proctor well in advance of your exam date.
If you do not work with an institution, you will need to contact a university/college, library, or a testing center to request they proctor your exam. You will be asked to provide the telephone number of your proctor in case we need to reach that person for verification. A relative or friend cannot proctor an exam. All parties must abide by the ABA exam policy. There are no exceptions.​​​​​​​​​​
The Nebraska Bankers Association is a Local ABA Training Provider.
For More Information Contact:

Ron Arrigo
Senior Vice President, Education and Administration

Nebraska Bankers Association / 233 South 13th Street, Suite 700 / PO Box 80008 / Lincoln, NE 68501-0008