2010-07-29 13:20:55 - Edcomm Banker’s Academy has made immediate updates to its Credit Union IRA training program for 2010.

New York, NY, July 29, 2010 -- Edcomm Banker’s Academy has made immediate updates to its Credit Union Individual Retirement Account (IRA) training program for 2010. Introduction to IRAs for Credit Unions has been revised as part of Edcomm Banker’s Academy’s ongoing commitment to providing the most up-to-date and pertinent financial services information as the banking industry enters a new decade.

With a steadily aging population, growing concerns about the stability of Social Security and fewer companies offering pension plans, IRAs have become the retirement product of choice among consumers. Today’s financial market is becoming extremely competitive with companies, banks, credit unions and other institutions offering IRAs to their customers. In order to meet this growing need and move ahead of

the competition, credit unions must quickly train their frontline personnel to sell and service these highly profitable, but complex, accounts.

Introduction to IRAs for Credit Unions, from Edcomm Banker’s Academy, is an interactive, self-paced eLearning program that teaches employees everything they need to know to sell and service IRA accounts at their credit union. Beginning with an explanation of how IRAs work, the course goes on to cover the features and benefits of IRAs, products and resources, and the Economic Growth and Tax Relief Reconciliation Act (EGTRRA). Introduction to IRAs for Credit Unions also teaches credit union employees how to identify and sell prospects, and to better understand and communicate contribution and distribution requirements.

For more information about programs like this, or to find out how The Edcomm Group Banker’s Academy can customize any training program, log onto www.bankersacademy.com or call +1.212.631.9400.

The Edcomm Group Banker’s Academy is a 23-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, online bank training and 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.bankersacademy.com) is headquartered in New York City with locations and representation throughout the world.