2024 Account & Loan Documentation Series

Having a robust business account portfolio can help drive success at your financial institution. This webinar will cover opening sole proprietorships, partnerships, limited liability companies, corporations, and associations. You’ll get the downlow on access, authority, documentation, IRS details, red flags, compliance regulations, and more. Don’t miss the chance to get all the business account details all in one place!

Over the last several years, the thickness of an average loan file has grown from being measured in millimeters to inches. This is especially true for residential real estate loans. Compliance staff are often responsible for reviewing these loan files either during the underwriting and approval process or in the days after closing. But with so many regulations governing loan compliance, exactly what should be included? What documents are required and what important things need to be verified on each? This jam-packed session will explain how to avoid mistakes when preparing consumer real estate loan files.

Opening deposit accounts online is a different process than in person. Compliance with E-SIGN requirements is one piece of the puzzle. Knowing the “true identity” of the customer for BSA and CIP purposes completes it. What additional out-of-wallet questions should be asked when accounts are opened online? How does electronic account opening impact the BSA risk assessment process? Attend this detailed program to learn about the additional controls needed to protect your financial institution and about red flags for reporting suspicious activity.

Proper loan documentation is essential to a lender’s ability to enforce the loan against the borrower (and guarantor) and to pursue collection against the collateral. This webinar will provide a thorough understanding of each type of loan document and when that document should be used. It will take the mystery out of the “legalese” and explain which wording is absolutely required for its legal effectiveness and which is simply “boilerplate.” It will also explain every type of legal entity, including a corporation, general partnership, limited partnership, limited liability company, unincorporated association, sole proprietorship, living trust, and business trust.

Each commercial loan is unique! These loans carry the most risk, have the most technical requirements, and therefore receive the most examiner scrutiny. This session will dive deep into a commercial loan file to address the documentation to support regulatory compliance. It will review the disclosures, the collateral security documents, the title policy elements, and features of the note that should be in place to safeguard your institution. In addition, it will cover best practices for underwriting and how to avoid the hazards.

Sounds simple. The borrower wants a consumer loan. But what disclosures must be given? What are the timing requirements? What must be signed? Even with a loan that is not secured by a mortgage, it’s imperative to get the details right. This program will review what documentation must be gathered and provided to satisfy regulatory compliance requirements from application to closing. Join us to learn how to generate that perfect consumer loan file!