Released on: October 10, 2008, 3:27 am

Press Release Author: Linda Eagle

Industry: Education

Press Release Summary: In response to the Bailout Plan passed October 3, 2008, The
Edcomm Group Banker's Academy has made immediate changes to all course content in
order to support clients by keeping all training content current and accurate.

Press Release Body: New York, NY, October 10, 2008 -- In response to the Bailout
Plan passed October 3, 2008, The Edcomm Group Banker's Academy has made immediate
changes to all course content. Courses affected by the Bailout update include
Achieving Consumer Lending Excellence, Achieving Consumer Lending Excellence for
Credit Unions, Achieving Platform Excellence, Achieving Platform Excellence for
Credit Unions, Take Charge! Achieving Teller Excellence, Take Charge! Achieving
Teller Excellence for Credit Unions, Achieving Commercial Lending Excellence, Focus
on Compliance, Focus on Compliance for Credit Unions, Reassuring Our Customers, Is
My Money Safe? and World of Banking. Banker's Academy is committed to supporting its
clients by keeping all training content current and accurate.

The Emergency Economic Stabilization Act of 2008 has been implemented in order to
restore stability to the U.S. financial system and to guarantee the economic
well-being of Americans. Under this new plan, the Treasury Secretary will establish
a Troubled Asset Relief Program (TARP), and federal entities that hold mortgages and
mortgage-backed securities will be required to develop plans to minimize
foreclosures. This Act also raises the debt ceiling, strengthens the Hope for
Homeowners program, prohibits the misuse of the FDIC logo, requires any federal
financial regulatory agency to cooperate with law enforcement agencies, provides the
Federal Reserve with the ability to pay interest on reserves, makes Truth in Lending
Act (TILA) updates, protects the Exchange Stabilization Fund from incurring any
losses, makes (Reserve Requirements (Reg D) updates, details certain changes in the
tax treatment of losses on the preferred stock of certain GSEs for financial
institutions, and raises the FDIC and the National Credit Union Share Insurance Fund
(NCUSIF) insurance limits to $250,000.

For more information about the updates made to the programs log onto
www.bankersacademy.com or call 888-433-2666.

The Edcomm Group Banker's Academy is a 21-year-old multimedia education and
communication consulting firm specializing in the development of creative business
solutions that improve productivity, customer service and market share - providing
bottom-line results. The Edcomm Group Banker's Academy has had the privilege of
assisting many distinguished clients with business solutions in the form of
eLearning programs, classroom instruction, multimedia production and online and
print based documentation. Edcomm Banker's Academy offers many off-the-shelf and
customized courses such as Teller Training, Compliance Training and Systems Training
specifically designed for Banks, Credit Unions and Money Services Businesses (MSBs).

The Edcomm Group Banker's Academy (www.edcomm.com) (www.bankersacademy.com) is
headquartered in New York City with an Advanced Design Center located in Fort
Washington, Pennsylvania.
Press Release Submission By PressReleasePoint(http://www.pressreleasepoint.com)

Contact Us:

Linda Eagle
The Edcomm Group Banker's Academy
21 Penn Plaza Suite 1010
New York, NY 10001
888-433-2666
linda.eagle@edcomm.com
http://www.bankersacademy.com/

Web Site: http://www.bankersacademy.com/

Contact Details: Linda Eagle
The Edcomm Group Banker's Academy
21 Penn Plaza Suite 1010
New York, NY 10001
888-433-2666
linda.eagle@edcomm.com
http://www.bankersacademy.com/