Opening New Accounts - Three-Part Series

This is a three-part series. The prices below are include all sessions. Each session can also be attended individually by clicking on the links below.

Part I - Legal Ownership of Consumer Accounts

Tuesday, April 11th, 2017
2:30PM-4:30PM EST

Account title vs. ownership indicated vs. authorized signer on the legal document...Does it really matter on a personal account? You bet it does! It's ALL about ownership vs. access, and who on the account has the authority to do what. We're beyond the days where we let our accountholders tell US how they're going to title accounts. For a complete description or to attend Part I only, CLICK HERE.

Part II - Business Accounts

Tuesday, April 18th, 2017
11:00AM-1:00PM EST

Managing risk is the #1 priority for all financial institutions and it all starts at the new account desk. Well-trained bankers who can recognize and stop attempted dishonest activity are the first line of defense in protecting a financial institution. Unfortunately, too often, new account personnel are trained "on the job" which results in an environment of potential vulnerability and unnecessary losses. This risk is magnified when dealing with business accounts. When opening a commercial account, verifying if a business entity is legal and who is authorized to transact business on behalf of that entity is crucial. In this two hour webinar, we will investigate the types of business entities available in most states and clarify who has authority to open the account and ultimately sign the resolutions. For a complete description or to attend Part II only, CLICK HERE.

Part III - Trust, Fiduciary and Minor Accounts

Wednesday, April 26th, 2017
2:30PM-4:30PM EST

Formal, Informal, Revocable, Irrevocable, Minor Custodial Accounts, Court Ordered Accounts - what does it all mean? It never fails to raise the panic level when someone dumps a binder full of legal trust documents on your desk or wants to open an account in a minor's name and SSN. This two hour webinar will delve into the responsibilities of collecting appropriate documentation, providing ownership options, titling accounts correctly, and allowing proper access to accounts during lifetime and after the death of a signer. For a complete description or to attend Part III only, CLICK HERE.


Who Should Attend?

All customer contact personnel, supervisors and officers whose responsibilities include opening or managing the new account area. Excellent for supervisors or officers who have authority to "waive" documentation requirements. Internal Auditors and Compliance Officers will find the information exceptionally beneficial as well.