The USA banking system is fractured and bank closures are continuing.

So it is good to see the launch of a new website, Bank Directors Desktop, from the US Federal Reserve which provides free online director training and resources.

There’s a free Basics for Bank Directors book but the core of the site is the online self-paced training with interactive questions and answers. It’s worth browsing and trying out the questions.

Whilst there is much that’s specific to the USA there are some good general sections on risk management.

It is interesting that they still use the CAMELS system which started in the 80’s: Capital, Asset quality, Management, Earnings, Liquidity plus Sensitivity to market risk.