IBDE COURSE GUIDE

(IBDE is an American Association of Bank Directors affiliated organization)

The courses listed in this guide meet the standards of the Institute for Bank Director Education for continuing education requirements. Bank directors who complete the IBDE's certification program and receive a Certificate of Completion and an annual Certificate of Maintenance may be eligible for an insurance premium discount on their D&O insurance. Please contact your current insurance carrier or AABD to determine whether such discounts are available.

• Course Guide Table of Contents

Core Courses

Core courses are comprehensive programs offered by a few providers that cover a broad range of issues fundamental to serving on a board of directors. Subjects covered in as little as one day or as many as five are:

• Corporate governance/fiduciary duties - What are a bank director's responsibilities, how should the Board of Directors govern itself to help it do the job it is required to do, how to avoid or address conflicts of interest, how to manage communications between senior management and the Board of Directors, and what are the keys to Board independence?
• Essential Board reports, financial statements, bank performance reports, and reports of examination - what are they and how to read and understand them?
• Red flags - what are they, how to become aware of them, and what to do about them?
• Understanding external audit, internal audit, internal controls, and the role of the Audit Committee
• Lending and the role of the Board and loan committees
• Asset/liability management and bank investments
• Risk management principles - what do the bank regulators expect, and what does the Board need to do?
• The Board's role in strategic planning, the offering of new products, and the use and control of third party vendors, suppliers, contractors and partners
• Evaluating the CEO and the Board - the Board's toughest but most important role, and selection and nomination of new board members
• Director and officer compensation and Board oversight responsibilities
• Basic bank legal and regulatory rules that all bank directors need to know (e.g., Regulation O, Sections 23A and 23B of the Federal Reserve Act, and lending limits)
• Consumer compliance issues from a Board oversight perspective
• Bank Secrecy Act and USA PATRIOT programs and the role of the Board
• Steps to minimize personal liability

AABD lists both scheduled and arranged core courses. Providers of arranged core courses can offer the course to your Board of Directors at a time and location of your choice.

Please see our Course Guide Table of Contents for further information.

Supplemental Courses

Supplemental courses cover a wide range of topics that are of value to bank directors. They include The Role of Bank Directors regarding executive compensation and evaluation, new products, strategic planning, regulatory compliance, corporate governance, board independence, and mergers and acquisitions.

AABD lists both scheduled and arranged supplemental courses. Providers of arranged supplemental courses can offer the course to your Board of Directors at a time and location of your choice.

Please see our Course Guide Table of Contents for further information.