BAI (organization)

BAI (Bank Administration Institute) is a professional, non-profit organization for the financial services industry throughout the world.

Bank Administration Institute (BAI) is a nonprofit organization in the United States that provides research, training and thought leadership events for the financial services industry. Headquartered in Chicago, IL, BAI also operates Banking Strategies, an online financial services publication which is updated daily.

BAI’s mission is to give financial services leaders confidence, information and resources in order to make smart business decisions, every day. BAI's mission is created on the belief that a strong financial services industry helps consumers, businesses, and communities thrive.

BAI’s members include national and global banks, credit unions, mortgage and auto loan providers, money service businesses, and larger lending institutions. In 2016, over 250,000 financial services individuals at more than 1,500 financial services organizations took compliance and professional training courses through BAI.

In 1924, several representatives of regional auditors' groups met to discuss issues in the auditing industry. Later that same year they created a national organization — the National Association of Bank Auditors and Controllers (NABAC) —and began to hold annual conventions and distribute a magazine focused on financial industry topics.

In the 1940s, the NABAC established its own office — first in Cleveland and later in Chicago. And the organization began to provide both education and technical research for its members. In 1957, the organization set up the NABAC Research Institute as the first official, collective research effort for the banking industry.

Then, in 1969, NABAC rebranded as Bank Administration Institute (BAI), and had approximately 8,000 member institutions across the U.S.

In 1981, BAI launched the first electronic information services – Innerline – providing 24-hour access to world news briefs, American Banker news service, financial information on 8,500 publicly held corporations, and email and online registration for BAI conferences.

As of 1997, BAI co-sponsored with ECCHO (Electronic Check Clearing House Organization) the National Electronic Check and Image Exchange Conference.

In 2014, BAI recognized 90 years of service to the financial services industry and provided more than 250,000 individuals with compliance and professional training.

BAI is organized into three major divisions: Research, Learning and Development, and Conferences and Events.

BAI Research BAI conducts data analysis, using account-level data provided from participating financial services organizations. Once data is gathered, the data is then analyzed and compiled using BAI’s proprietary database. BAI uses the data in order to present individual organizations with a comparison of their data with the larger peer group of participating organizations. All individual company data is kept confidential, and competitive data is available to participating organizations only in aggregate.

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