Updated Bank Director core courses

Beginning in February 2004, AABD contacted all of the state and banking agencies to seek their input on proposed changes to AABD's bank director core courses. AABD has taken in to account the agencies' comments and has recently adopted an amended core course for it members and other bank directors.

Over a decade ago, AABD, through its division, the Institute for Bank Director Education (IBDE), established a core course intended to cover the basic informational needs of bank directors.

In recent years, with an increasing number of programs being offered to bank directors by various providers, it is important that bank directors and the providers have a focus on the most important subjects and skills that should be taught in these programs.

• The amended core course is designed to accomplish several objectives:
• Assist providers and bank directors to focus on the most important subjects necessary for bank directors
• Encourage providers and other qualified organizations to offer quality educational programs and materials specially designed for bank directors
• Create a national and uniform standard by which bank directors may measure their educational and informational advances
• Utilize the core course in the Director Education Certification program that may lead to discounts on D&O insurance and enhanced insurance coverage against risk of personal liability.

For information on the core course and the educational opportunities for bank directors:

• Link to Core Course Guide:
  Core Courses