New York Bankers Association

ABA Law and Banking: Applications

16-week instructor-led online course

Course Description:  This newly updated ABA course reflects the ways that banks do business and how they are affected by laws and regulations — in plain English for the non-lawyer.  It is devoted to the basic laws and banking regulations that govern deposit accounts, lending, real estate lending, bankruptcy, non-deposit products and services, international banking, marketing, safety and soundness, and information reporting.

ABA Online Overview | Course Start Dates | Enroll Online: Member  Non-Member | Print Registration Form

Price $525 NYBA or ABA Members/$650 Non-Members with textbook
$436 NYBA or ABA Members/$520 Non-Members without textbook
A shipping/handling fee is added to AIB Online Courses with textbooks. State sales tax applies to cost of text only.
Length 16 Weeks
Course Credits ICB: 30 CCTS, CLBB or CRCM; ACE: See below
Prerequisites None
Required Software Technical Requirements
Textbook Law and Banking, 7th Edition, 2012.  The course, Law & Banking: Principles, uses the same textbook.  You should purchase the textbook for the first Law & Banking class and register without textbook for the second class.

Classroom Training – Textbooks
Purchase textbooks for in-bank or classroom training.  Call 212-297-1679 to discuss earning ABA credit for in-bank courses.

Audience:  Entry-level and officer-level personnel who are new to banking or require a refresher course on the legal basis for many banking services and transactions.

Learning Objectives:  After successfully completing this program, participants will be able to:Identify the laws and regulations that protect bank deposits and govern the relationship between a bank and its depositors

  • Describe the legal protections provided to borrowers and the rights and responsibilities of banks when they offer credit and make loans
  • Identify the laws and regulations that protect borrowers and lenders in real estate transactions and the serve the community interest
  • Explain how the asset liquidation and reorganization provisions of bankruptcy law protect the interests of both debtors and creditors
  • Describe the legal obligations of banks when they serve in a fiduciary capacity and when they provide insurance and securities products and services
  • Discuss how the global trade and investment activities of U.S. banks are affected by both domestic and international law
  • Explain laws and regulations that govern bank marketing practices
  • Identify the bank safety and soundness laws that help protect bank assets, guard against deposit insurance system losses, and reduce risk in the banking system
  • Explain some requirements placed on banks to report financial and customer information to government authorities and the responsibilities placed on banks to ensure safeguards when receiving, using, and disclosing customer information

ACE College Credit Recommendation: In the upper division baccalaureate degree category, 3 semester hours in Business Law.

Proctored Examination Required
This course requires proctored exams. You will need to identify a person from your institution who will proctor your exams during business hours, Monday – Friday between 9 a.m. and 5 p.m., Eastern USA Time. This person should be your Human Resources Training Manager, supervisor, or someone from the management team of your organization. Make sure to arrange your proctor well in advance of your exam date.

If you do not work with an institution, you will need to contact a university/college, library, or a testing center to request they proctor your exam. You will be asked to provide the telephone number of your proctor in case we need to reach that person for verification. A relative or friend cannot proctor an exam. All parties must abide by the ABA exam policy. There are no exceptions.​​​​​​​​​​

The New York Bankers Association is a Local ABA Training Provider.

Questions: NYBA Professional Development at (212) 297-1679 or elegg@nyba.com.