20 Types of Legal Ownership Plus CIP CDD & Beneficial Ownership

Thursday, May 2, 2024
11:00 am – 12:30 pm Eastern

You have heard of 20 questions, but can you name 20 types of account ownership? This webinar will explain everything you need to know about deposit accounts, documentation, making changes, CIP, CDD, beneficial ownership, and more. The new account manual you’ll receive will be extremely detailed. Don’t miss this must-attend session.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Opening and documenting personal, fiduciary, and business accounts 
• How setting up accounts improperly can create liability for your financial institution 
• Creating consistency on how accounts are opened 
• Signature card danger zones and examples 
• How customer information file (CIF) systems can create errors in ownership and signature card conflicts 
• Adding owners, making changes, and other issues after the account is opened 
• How to follow the authority trail established in the paperwork 
• What an attorney-in-fact can and cannot do on individual accounts 
• How to change business account signers and owners 

WEBINAR DETAILS 

This program will be an A-to-Z on account ownership and documentation. It will go from single-party accounts to the most complex type of business accounts. It is a must-attend program for anyone who opens accounts or manages the new account function. Your financial institution's signature card, documentation, and authority procedures can create big liability if you do not understand the type of ownership and the checks that go with these accounts. 

WHO SHOULD ATTEND? 

This webinar will benefit new accounts representatives, call service representatives, branch managers, assistant branch managers, branch administration, deposit operations staff, BSA and CIP personnel, trainers, and anyone who works with or manages the new account function.

TAKE-AWAY TOOLKIT

• New account manual 
• 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

SPEAKER

Deborah L. Crawford, Gettechnical Inc. 

Deborah Crawford is the President of Gettechnical Inc., a Florida-based firm specializing in the education of financial institutions across the nation. Her 30+ years of experience began at Hibernia National Bank in New Orleans. She graduated from Louisiana State University with both her bachelor’s and master’s degrees. Debbie specializes in the education of financial institution employees and officers in the areas of deposit account laws, new account documentation, insurance, complex compliance regulations, and IRAs.

Attendance verification for CE credits provided upon request.

Webinar Sponsored by Financial Education & Development

If you are having issues with registering online, please contact CBAO's Education, Training & Special Events Coordinator, Malia Widder, (614) 610-1877.