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June 21, 2023
New reporting features have been added based on your feedback. The following changes have been made to the Learning Management System:
There is a new column on the Activity Report titled “Course % Complete”. This column is great for banks that subscribe to one of the bank-wide certificate programs. The report will show the percentage of the program the employee has completed. For subscribers to one of the plans or bundles, the % complete next to an individual course will either be 0% or 100%. It does not show how far along the employee is in the individual course.
While subscribers have been able to see the number of times an employee attempted the test on a particular course within the employee report card, we have added a new report that will pull test attempts on all courses for all employees. When on the Administration tab, click on “Detailed Score History for All Courses.” Export the report to Excel and then sort or filter based on the information needed. There will be a line item for each attempt per course title.
Please reach out with any questions regarding these new features. And please continue to provide feedback on enhancements you would like to see in the Learning Management System.
The new course “Regulation U: Margin Stock” was launched on June 7, 2023. The course can be found in the Compliance – Lending Regulations catalog.
IMPORTANT NOTICE FOR STANDARD PLAN, CUSTOM PLAN, & BANK COMPLIANCE BUNDLE SUBSCRIBERS
The Online Training subscription term for Standard and Custom Plan and the Bank Compliance Bundle has historically been from Oct. 1 to Sept. 30 each year. This current subscription timeframe does not align with the typical training year for community banks which follows the calendar from January through December. We are pleased to announce that beginning with the next subscription term, we will be changing the subscription term for the Standard and Custom Plans and the Bank Compliance Bundle.
What does this mean for you?
In mid-to-late July 2023, the bank will receive a paper invoice to renew your Online Training subscription. The invoice amount will be a larger dollar amount than usual, and your renewed subscription will run from Oct. 1, 2023, through Dec. 31, 2024. The cost of your subscription is not increasing. You are paying for a 15-month subscription instead of a 12-month subscription during this transition period. The invoice amounts will be as follows:
Standard Plan: $812.00 members/$2,499.00 non-members
Custom Plan: $1,624.00 members/$3,749.00 non-members
Bank Compliance Bundle: $374.00 members/$749.00 non-members
In mid-to-late October 2024, the bank will receive a renewal invoice for your next regular 12-month subscription, Jan. 1, 2025, through Dec. 31, 2025. The invoice amounts will return to normal:
Standard Plan: $649.00 members/$1,999.00 non-members
Custom Plan: $1,299.00 members/$2,999.00 non-members
Bank Compliance Bundle: $299.00 members/$599.00 non-members
If you have any questions or concerns about this change, please reach out to Lori Braegelmann (320-352-7380; [email protected]) or Mandy Snyder (320-352-7339; [email protected]).
Did you know we have created a new LMS Admin Training Video? If you need a refresher on the capabilities of the Learning Management System (excluding the Premium Plan) or you have added new LMS Admins to your bank, watch this video. If you still have questions after viewing the video, you can reach out to Lori Braegelmann (320-352-7380; [email protected]).
Of course, we also have the PDF Administrators Guide for quick reference.