Education is so important in any aspect of our lives, and perhaps even more so in our workplace. Banking is undergoing changes that are so rapid, that no one can assume that he or she knows everything that there is to know. New products and services are coming on line every day. That is why educational opportunities like BOI are so critical to the banking industry. There is almost no other way to keep up than to keep current through education.
Education also stimulates our creativity.
Through education, we begin to think and wonder and pretty soon to create new products, new services, or new ways to satisfy customers. With the dawn of the new century, changes in our lives, in banking, and in the educational system are accelerating. Already, on-line universities exist. In fact, the organization of state banking commissioners that I belong to, the Conference of State Bank Supervisors, or CSBS as it is known, already has several courses that our examiners take through an on-line university. The cost savings to our departments, and to the banks who pay our fees, have been significant.