THE PROVIDENT BANK CHOOSES THE EDCOMM GROUP TO DELIVER CUSTOMIZED COMPLIANCE TRAINING USING LEARNING LINK®

January 26, 2006 (PRLEAP.COM) Business News
The Provident Bank has chosen The Edcomm Group to deliver customized Compliance training — Focus on Compliance — for its bank-wide training needs. Provident recently cancelled their contract with BankersEdge, in favor of The Edcomm Group’s customized and cost-effective training solution. Provident also chose to abandon the use of their old Learning Management System (LMS) vendor, Global Planet WorkKnowledge, and chose instead to implement Edcomm’s own LMS, Learning Link®.

Focus on Compliance, a computer-based, distance-learning program, can be delivered via Internet, Intranet or CD-ROM. The program teaches banking compliance using easy-to-understand language in an interactive, self-paced format. Participants learn from their own perspective, with a curriculum customized to their position. Focus on Compliance covers: Bank Secrecy Act (BSA), Anti-Money Laundering (AML), USA PATRIOT Act, OFAC, Privacy, Reg P, Gramm-Leach Bliley Act, Right to Financial Privacy, Sarbanes-Oxley (SOX), Reg CC & Check 21, Reg D, Reg E, Reg Z, Truth in Lending, FCRA, FACT Act, HMDA, CRA, and Bank Bribery, among others. The program also includes a quick reference guide to all banking regulations, as well as a glossary of terms and a library of reference materials.

Learning Link®, Edcomm’s full-featured learning management system has an open architecture that builds on industry-standard SCORM and AICC compliance, but adds features and capabilities far beyond any competing products. Learning Link® maintains a complete record of every learning and administrative activity and offers a wide variety of customizable, real-time reports available both onscreen and in CSV formats for download and integration into any HR system. Learning Link’s servers have been issued a SAS-70 attesting to the quality of their security, business continuity and performance.

For more information about programs like these, or to find out how The Edcomm Group can customize any training program, log onto www.bankersacademy.com.

Established in 1839, The Provident Bank is headquartered in Jersey City, NJ and has over $6 billion in assets. The Provident Bank has 76 branches and 81 ATM locations and offers telephone and web-based banking services, emphasizing personal service and customer convenience in meeting the financial needs of individuals, families and businesses in northern and central New Jersey.

The Edcomm Group has had the privilege of assisting many distinguished clients with business solutions in the form of classroom instruction, print publication, video production, online documentation, interactive web systems and multimedia programs. In addition to the development of customized programs, The Edcomm Group offers many banking specific off-the-shelf products such as Teller Training and Compliance Training that have proven themselves effective in organizations around the world.

The Edcomm Group is an 18-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 (www.edcomm.com), (www.bankersacademy.com) is headquartered in New York City with an Advanced Design Center located in Fort Washington, Pennsylvania.

For more information, please contact:

Linda Eagle
President, The Edcomm Group
1-888-4EDCOMM
linda.eagle@edcomm.com