UPDATED Financial Industry Essentials Module 2: Consumer Accounts: Deposits, Loans & Account Ownership

Audit & Accounting Collections Compliance Directors Frontline & New Accounts Human Resources Information Technology IRA Marketing Operations Security & Fraud Senior Management

Community financial institutions are known for offering a variety of products and services to meet consumers’ needs.

Every accountholder’s situation is different and there is often uncertainty about account ownership and how to conduct appropriate due diligence. This session will review features and benefits of traditional consumer deposit and loan products. It will also provide an overview of various ownership types (joint WROS, joint WOROS, POAs, etc.) and the documentation needed to meet due diligence requirements.

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your agency is prohibited. Print materials may be copied for eligible participants only.