Title: Class Outline 21
Course: KVCC BUS118 > Section: Class Outlines

i.           Challenges with financial institutions

ii.           Definition of financial institutions

a.           Banks

b.           Credit unions

c.           Savings and loans

d.           Insurance Companies

e.           Investment Companies

f.           Any institution that conducts financial activities

iii.           Consumers

a.           Consumer Goods

b.           Consumer Services

c.           Consumer Financial Information

iv.           Who regulates financial institutions

a.           The Federal Reserve System

.           Federal Deposit Insurance Corporation

i.           Insures deposits up to 250,000

a.           National Credit Union Administration

i.           What is a credit union?

ii.           National Credit Union Share Insurance Fund

b.           Office of the Comptroller of Currency

i.           Part of Department of the Treasury

ii.           Charters and supervises national banks and federal savings associations or thrifts.

c.           Consumer Protections

i.           Consumer Financial Protection Bureau

ii.           Federal Trade Commission

d.           Federal Financial Institutions Examination Council

i.           Setup standards for bank examination

1.           Six Task forces

a.           Consumer Compliance

b.           Examiner Education

c.           Information Sharing

d.           Reports

e.           Supervision

f.           Surveillance Systems

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Attached Files: | - KVCC BUS118_LegalAspectsBusInfoSys_Class Outlline 21(1).pdf