UPDATE: I heard today. I passed. The cutoff was 69% and I got a 78%. My only real weak spot is BSA/AML, otherwise I did well across the board. Thank you guys for the support, I really didn't think I was going to pass. I screamed when I saw the email. Then I shook a little bit. Going out with friends later tonight to celebrate. Tagging those that commented here and thanks again for the support and everything. :) I can't believe it! I am 24 years old and I have a banking certification that requires 3 years of experience in order to even quality. Gotta say I'm feeling pretty badass today. thenewgreen wasoxygen blackbootz veen humanodon
I'm taking a certification for work this Friday. It basically involves me demonstrating that I have a working knowledge of all, yep that's right you heard me, all, U.S. Federal Banking Regulations.
Studying is very boring.
- Did you know, there is a difference between "residential real property" and "a dwelling"? "Residential real property" is basically a dwelling, plus land.
- Did you know, if you have an error on your debit card or credit card statement, that you can call in and the bank has to research it, ensure it's valid, or get you your money back? Timeframes vary depending on whether it is debit or credit.
- Did you know that there are specific laws that mandate both bank security (you are required to have tamper-proof locks on windows and doors, for instance) and bank closings (you must inform all your customers when a branch is closing, BUT if you are moving the branch less than 1000 feet, you don't have to!)?
I don't think I mentioned to you guys but the weekend before last I totaled my car with a deer (4-point buck). I have to get a new car and consequently, a car loan, the first time I will have a car loan in my name and my name only. This is kind of interesting because I am trying to apply my regulatory knowledge to the process, since it's a loan and a credit transaction so technically I should know all the laws and ins and outs of what I would expect to see throughout the transaction. I'm trying really hard to apply my knowledge so that I don't fail this certification. Still, though, it's boring.
I'm not a financial guru and I don't really expect this to take off, but hey, guys. Ask me questions. Help me study. Or tell me about your bad banking experiences! Everyone has those. (Hell I have several.) Something, guys. Something something banking.
My brain is melting out of my ears.