New York Regional Office
Directors and Trustees College Program
Directors and Trustees College is an interactive one-day seminar to provide
ongoing education to bank directors and trustees on current topics and
various elements of bank supervision. It is designed to help directors and
trustees, both new and experienced, stay abreast of the ever-changing
regulatory and economic environment. Now more than ever, directors and
trustees are under constant pressure to remain current in their knowledge of
the banking industry and the segment their institution serves. There must
also be a basic understanding of what issues are currently impacting their
institution's financial performance and competitive environment.
The format of the programs held in each state vary as to frequency and duration. However, the common educational themes are
- an awareness of directors’ roles, responsibilities, and potential liabilities;
- understanding the bases for assignment of CAMELS ratings and different types of regulatory examinations; and
- training on important topics such as the Bank Secrecy Act/Anti-Money Laundering Regulations and Corporate Governance.
Other frequent presentations include state economic profiles, Compliance and Community Reinvestment Act requirements, Asset-Liability Management processes, Loan Committee structure and responsibilities, Strategic Planning, understanding the Uniform Bank Performance Report, and a Bank Examination Workshop.
The ultimate goal of the Directors’ Colleges is to improve the likelihood of success for financial institutions by enabling directors to better fulfill their fiduciary obligations and provide a higher level of service to the community served by their institution.