Compliance Series: Advanced Deposit Account Seminar


Event Date: Wednesday, April 03, 2013
Time: 9:00 AM - 4:00 PM
Category: Education
Event Fee: $199.00
Registration Deadline: Saturday, March 23, 2013
Location: League Training Center
Address:
5975 Castle Creek Parkway N. Drive
Suite 300
Indianapolis, IN 46250
(317) 594-5300 or (800) 285-5300

Description

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Session Description
What is the difference between "joint with rights of survivorship" and "tenants in common"? What is a revocable living trust and how do we document it? Do we really need a corporate resolution? How do we open accounts for minors?
Have you or someone at your institution asked these questions and others like them? If so, don't miss this seminar.
The focus is on the day the account is opened. It provides hard to get state law requirements for ownership and documentation. Attendees learn the "why" behind standard operating procedures. The program also covers CIP procedures and IRS Reporting compliance issues.
The manual and the presentation suggest the procedures for standardizing the account opening process. The speaker uses "plain language" and "real-world" examples. Attendee participation is encouraged throughout the program.
What You Will Learn:
Account Opening Procedures
  Customer Identification
  Verify Depositor Information
  Standardizing Procedures
Taxpayer ID No. Documentation
  Obtaining the Appropriate TIN
  Required Certifications
  Nonresident Alien Requirements
Account Titles
  Individual Accounts
  Single Party Account with Convenience or Authorized Signers
  Informal Trusts
  Uniform Transfers to Minors Act
  Minor Accounts
  Joint Accounts with Rights of Survivorship
  Joint Accounts without Rights of Survivorship
  Payable on Death Accounts
  Funeral Trust Accounts
  Estate Accounts
  Valid Trust
  Pension Plans
  Grantor Trust – Revocable Living Trusts
  Court Appointed Personal Fiduciaries
  Social Security or SSI Representative Payee
  Sole Proprietorships
  Partnerships
  Corporations
  Limited Liability Companies
  Lawyer’s Trust Accounts
  Political Campaign Funds
Proper Documentation
  Personal Accounts
  Business Accounts
  Fiduciary Accounts
  Organizational Accounts
  Powers of Attorney
Handling Requests for Change
  Changes at Request of Customer
  Changes Due to Death
  Adding Owners
  Deleting Owners
Educational Investment
The educational investment is $199. Small credit union discount applies!
Registration deadline: March 20, 2013
Speaker Bio
Joequetta Jackson is a Consultant at PBS. Prior to joining the firm in 2004, Ms. Jackson served as a compliance examiner for the Federal Reserve Bank of Cleveland in the Cincinnati branch. While at the Federal Reserve, Ms. Jackson also served as a Consumer Complaint liaison between consumers and state member banks. Ms. Jackson is a 2002 graduate of the Louis D. Brandeis School of Law and is licensed to practice law in Kentucky.
Who Should Attend
This is a comprehensive seminar developed for new accounts personnel, operations officers and others who have responsibility for administering or supervising deposit accounts. It is a fast-paced introduction for the new employee who needs an overview of deposit accounts and is designed to “tie everything together” for experienced personnel.
Agenda (all times shown are local time)
9 - 9:30 a.m.                    Registration and refreshments
9:30 a.m. - Noon           Seminar begins
Noon - 12:45 p.m.        Group luncheon
12:45 - 4:00 p.m.           Seminar resumes

 

REGISTRATIONS CANCELLED LESS THAN FIVE WORKING DAYS BEFORE THE SESSION DATE WILL BE SUBJECT TO A 50 PERCENT CANCELLATION FEE.

IF YOU HAVE A DISABILITY REQUIRING SPECIAL SERVICES, CONTACT KIM SETTLES AT (800) 285-5300, EXT. 5341, OR (317) 594-5341 PRIOR TO THE SESSION.
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