When you go to the manage banks function of item banks you will see the banks related to all of the quiz questions you have created, no matter what course they apply to. That makes it easy to reuse the same questions in multiple sections, semesters, and courses. It does not help with sharing the questions with other instructors.
In classic quizzes the matching feature was called question banks. I did not use it much, so I'm not sure if it was specific to the course or the instructor.
I have not seen a function called "course bank" however I hope that it is a way to link item banks specifically to a course, so that they are copied with the course content to any section taught by any instructor... That would be very helpful. Where did you find "course banks?"
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