To help encourage military veterans and active-duty military spouses to transition to banking as a career, the American Bankers Association today announced that it is launching a new suite of online training courses — available for free to ABA member banks — called “Transitioning Careers: Basic Bank Training for Veterans.” This suite of eight self-paced online courses cover the basics of customer service, lending, payments and ethics. More information about the program will be made available in the coming weeks. Bankers may call 1-800-BANKERS with questions.
FinCEN to exempt U.S. companies from beneficial ownership reporting
FinCEN posted an interim final rule removing the requirement for U.S. companies and persons to report beneficial ownership information to the agency under the Corporate Transparency Act.