Maricopa Community Colleges  CSI137   20072-20076 
Official Course Description: MCCCD Approval: 11/28/06
CSI137 20072-20076 LEC 1 Credit(s) 1 Period(s)
Introduction to Banking
Overview of banking basics including bank terms and primary services. Covers payment services including checks and Electronic Funds Transfers (EFTs). Types of accounts also included.
Prerequisites: None.
Go to Competencies    Go to Outline
 
MCCCD Official Course Competencies:
 
CSI137   20072-20076 Introduction to Banking
1. Identify and define various bank terms. (I)
2. Summarize the primary services of a bank. (I)
3. Explain various automated payment systems known as Electronic Funds Transfers (EFT). (I)
4. Describe the types of bank accounts available to customers. (II)
5. Identify and describe bank regulatory agencies and banking regulations. (III, IV)
Go to Description    Go to top of Competencies
 
MCCCD Official Course Outline:
 
CSI137   20072-20076 Introduction to Banking
    I. Banking Overview
        A. Role of Bank
        B. Bank Terms
        C. Depositors
        D. Borrowers
        E. Primary Services
          1. Payments
          2. Loans
          3. Deposits
        F. Check Processing
          1. Magnetic Ink Character Recognition (MICR)
          2. Routing Number
          3. Account Number
        G. Electronic Funds Transfers (EFT)
          1. Automated Teller Machines (ATM)
          2. Point-of-Sale Transactions (POS)
          3. Wire Transfer
          4. Visa Debit Transactions
          5. Online Banking
          6. Direct Deposit/Debit
          7. Telephone Banking
        H. Loans
          1. Commercial
          2. Consumer
          3. Real Estate
        I. Deposits
          1. Demand Deposit
          2. Time Deposit
      II. Types of Bank Accounts
          A. Overview
          B. Checking
          C. Savings
          D. Certificate of Deposit (CD)
          E. Individual Retirement Account (IRA)
        III. Bank Regulatory Agencies
            A. Overview
            B. Federal Reserve
            C. Federal Deposit Insurance Corporation (FDIC)
          IV. Banking Regulations/Compliance
              A. Overview
              B. Americans with Disabilities Act
              C. Bank Secrecy Act (BSA)
              D. Currency Transaction Reports (CTRs)
              E. Anti-Money Laundering
              F. Check Clearing for the 21st Century Act
              G. Time Limits on Holds-Regulation CC
              H. Federal Reserve Act-Regulation D
              I. Truth in Savings Act-Regulation DD
              J. Electronic Funds Transfer Act-Regulation E
              K. Office of Foreign Assets Control (OFAC)
              L. Right to Financial Privacy Act (RFPA)
              M. Privacy Act
              N. Fair Lending
              O. Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT Act)
          Go to Description    Go to top of Competencies    Go to top of Outline