New Accounts Series: 20 Legal Types of Accounts: Ownership, Documentation & CIP

This is a 90-minute webinar.

This is a morning webinar.

8:00 am – 9:30 am PT
9:00 am – 10:30 am MT
10:00 am – 11:30 am CT
11:00 am – 12:30 pm ET

Learn about account ownership and documentation from A-Z with this webinar that will go from single-party accounts to more complex types of business accounts. Signature card, documentation, and authority procedures can create major liability when mistakes are made. This webinar is a must for anyone who opens or manages new accounts.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Open and document personal, fiduciary, and business accounts
• Understand how improper account setup can create liability for your financial institution
• Create consistency with how accounts are opened
• Identify signature card danger zones
• Understand how CIF systems can create errors in ownership and signature card conflicts
• Add owners, make changes, etc. after the account is opened
• Follow the authority trail established in the paperwork
• Know what an attorney-in-fact can and cannot do on individual accounts
• Change business account signers and owners

WEBINAR DETAILS

Learn how to set up 20 legal ownership types on your signature cards, systems, and resolutions. Personal accounts, minor accounts, fiduciary accounts, and business accounts will be covered. This comprehensive program will help you implement new account procedures for your institution. What documents should you have for each? What CIP will you run? What are the proper disclosures? These questions and more will be answered during this program designed for new account professionals and deposit support staff.

Attendance certificate provided to self-report CE credits.

WHO SHOULD ATTEND?

This informative session is for tellers, head tellers, managers, branch operations staff, compliance officers who approve checks, and deposit representatives who work with checks and accounts.

TAKE-AWAY TOOLKIT

• New account handbook
• Employee training log
• Interactive quiz

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