What is the American Institute of Banking?

Considered somewhat of a watchdog of the industry, the American Institute of Banking (AIB) provides up-to-date information on government regulations and policies that affect banks across the nation. Members of the AIB banks, mostly with less than $250 million in assets, benefit from an abundance of free information, training by experts and other resources. Established in 1907 by the American Banking Association, AIB is a provider of education and training to the banking industry with more than 150,000 bankers participating in its programs annually.

Understanding the American Institute of Banking (AIB)

The American Institute of Banking (AIB) also caters to international banks’ needs via its BAFT subsidiary as well as a membership for non-banks and other service providers seeking involvement or information about the banking industry.

According to its website, the AIB works under the premise that “Government policies should recognize the industry’s diversity and role as drivers of economic growth and job creation. Laws and regulations should be tailored to correspond to a bank’s charter, business model, local markets and risk profile so banks across America can serve their customers and communities.”

In addition to an information hub, AIB also offers professional certifications through online or in-person classes for becoming:

  • Certified Trust and Financial Advisor (CTFA)
  • Certified Regulatory Compliance Manager (CRCM)
  • Certified AML and Fraud Professional (CAFP)
  • Certified Corporate Trust Specialist (CCTS)
  • Certified Securities Operations Professional (CSOP)
  • Certified Financial Marketing Professional (CFMP)
  • Certified IRA Services Professional (CISP)
  • Certified Retirement Services Professional (CRSP)

The AIB is under the auspices of the American Bankers Association (ABA), and all AIB programs are offered through local ABA providers. Its programs include core courses in banking and business fundamentals as well as specific topics like retail banking; commercial, consumer, and mortgage lending; marketing and compliance.