Frontline Series: Opening Deposit Accounts for Nonprofit Organizations
February 6, 2025
Live Webinar
DateFeb 6, 2025Duration90 minutes
08:00 AM PST09:00 AM MST
10:00 AM CST11:00 AM EST
- Unlimited connections for your institution
- Available on desktop, mobile & tablet
- Take-away toolkit
- Presenter’s contact info for questions
On-Demand Webinar
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
Nonprofit accounts can be uniquely challenging.
This detailed webinar will
explain everything you need to know in lay terms. Learn how to compliantly
breeze through each interview and account opening and efficiently hurdle through
CIP, CDD, EDD, BSA, ID numbers, and beyond.
AFTER THIS
WEBINAR YOU’LL BE ABLE TO:
- Set accounts up for CIP, CDD, and EDD compliance
- Risk rate charitable and civic accounts
- Ask specific questions in the new account interview to determine purpose
- Understand how the IRS wants these accounts reported
- Compliantly set up online banking, debit cards, and other electronic products
- Properly construct resolutions and signature cards
- Maintain account changes as officers and signers move on
WEBINAR DETAILS
From clubs to
campaigns, organization accounts have different rules and procedures for each. Learn
how to set up various nonprofit organizations, associations, and corporations. This
program is a must for those who open accounts for community, civic, and
fundraising organizations. You will learn about CIP and CDD requirements and
risk rating these accounts. The documentation and signature card dos and don’ts
will be covered on each, so you can document authority, liability, and on-going
signatory rights.
WHO SHOULD ATTEND?
This informative session
is designed for new accounts representatives, branch staff, tellers who open
accounts, loan officers, trainers, operations personnel, BSA staff, and compliance
professionals.
TAKE-AWAY TOOLKIT
- New account handbook
- New account questionnaire for charities
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to copyright. Transmission, retransmission,
or republishing of any webinar to other institutions or those not employed by
your institution is prohibited. Print materials may be copied for eligible
participants only.
Presented By
Gettechnical Inc.
This Webinar Appears In
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