9 Class Hours
Instructor: Rich Daingerfield
Why this course is important:
You need to know enough law to ensure you don’t run afoul of it while you work to help your bank, your customers and your communities thrive.
The course starts by highlighting the elements of our legal system that matter most to bankers, including why we have so many regulators. We will touch on relevant parts of the Uniform Commercial Code and the building blocks of business law: legal entities, agency and contracts. We will then get to the good stuff, including how the law applies to deposit accounts, payments systems, commercial lending and consumer lending. You will be challenged to navigate a lender liability situation and several check fraud problems.
Key takeaways of this course:
- Gain a practical understanding of the legal environment banks operate in
- Understand key rights and responsibilities in deposit accounts, payments, and lending
- Recognize what triggers regulatory enforcement actions and how to respond
- Handle common customer disputes with confidence
- Navigate bankruptcy scenarios and avoid lender liability
Annual School Session
First Year Elective Course
Competency: Innovation & Engagement