Has anyone taken the CRCM utilizing anything other than the ABA CRCM test prep class? No know it would be beneficial to do so though. I would like to sit for the exam but unfortunately, I must pay for the test prep and exam myself. I’m trying to figure out the most economical way to become prepared. Any tools you recommend? I’m not prepared to pay a hefty test prep fee. Thanks!

I prepared for the CRCM without a test prep class. I purchased the Reference Guide to Regulatory Compliance. I reviewed the sections, and worked through all the self-study sections at the end of each section. Then I revisited any sections where I was not happy with my score on the self-study to ensure I understood the materials.

I prepared the same way as InFairness. You just have to be disciplined. I also used the online classes from the bank's online training.

Thank you! I did see the reference guide and wondered if it would work along with other resources.

I have heard from friends that took used the Reference Guide and took one of the ABA compliance schools that the reference guide was better aligned with CRCM test content. Not sure how the online prep courses compare.

I had use of the Reference Guide as well as the Online Prep Course. The prep course is a broad overview of specific sections and regulations. The Reference Guide is much more in depth. I really liked the online course, but I'm not entirely sure it would be worth paying out of pocket.

Good luck with your exam!!!

The ABA prep course gave a little overview of different regulations however; there are tons of compliance management, monitoring, change management, compliance risk questions etc, on the Exam that I do not feel like the ABA prep course helped with. I wouldn't pay for it out of pocket if I had to. The 1240 page reference Guide to Reg compliance has a ton of material and questions and answers for each section.

I know this is an older thread but I have a question for everyone relating to the CRCM.

Does anyone have any third party I Practice Exams that they would recommend?

I have the Reference Guide but I learn best by getting answer wrong and figuring out why so I'm looking for more as many questions that I can quiz myself with as possible.

I haven't found any that are helpful. The questions at the end of each section of the Ref Guide are pretty good and aligned with the exam. They give you the reason why in the answers which I love. There was a 50 question practice exam on the ABA website I believe, or it may have came with he Prep Course I can't remember! There were a lot of Reg Change Management & Compliance Monitoring questions on the Exam. If you take the Exam more than once there will be a different set of questions as well.