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Saturday, September 19, 2020

Consumer Loan Flood Insurance Forms Line-by-Line

Start Date: 3/19/2020 1:00 PM MDT
End Date: 9/19/2020 2:30 PM MDT


Organization Name: Independent Bankers of Colorado

Contact:
Tara F. Hunter
Email: thunter@ibcbanks.org
Phone: (303) 832-2000

Consumer Loan Flood Insurance Forms Line-by-Line
1:00 pm – 2:30 pm MT

Do you have a leaky flood compliance program?  Are civil money penalties looming?  You can protect your financial institution by understanding and complying with the Flood Disaster Protection Act requirements. 
 
AFTER THIS WEBINAR YOU’LL BE ABLE TO:

  • Understand critical elements in the flood determination process
  • Dissect each required flood insurance form line-by-line
  • Use weaknesses identified in recent CMPs to strengthen your flood compliance program
  • Calculate the minimum amount of flood insurance required
  • Explain the differences between an NFIP and a private policy
    • What’s required when reviewing a private policy
  • Watch for potential flood issues with third-party service providers
  • Implement monitoring and tracking tools to fulfill compliance responsibilities
WEBINAR DETAILS
How would you describe your consumer loan flood insurance compliance program?  Is it robust enough to weather a storm?  Or is someone metaphorically holding their finger in the dike?  Now is the time to ensure staff knows the policy ins and outs and the forms line-by-line.
 
The components of an effective flood compliance management program include timely ordering of the determination; action steps when collateral is in a special flood hazard area; fulfilling notice requirements; and evaluating flood policies.  But it doesn’t stop there!  This webinar will address the elements of a monitoring program after the loan has originated; what to do when a policy must be force-placed; and the recent requirement to accept private flood policies.  Come explore each step in developing a water-tight flood compliance program!
 
WHO SHOULD ATTEND?
This informative session is designed for lenders, loan processors, lending staff, compliance officers, risk officers, and trainers.
 
TAKE-AWAY TOOLKIT
  • Sample flood procedures
  • Tool to calculate the amount of flood insurance required
  • Private flood insurance policy checklist
  • Sample flood policy
  • Case studies to aid in training
  • Employee training log
  • Interactive quiz
 
DON’T MISS THESE RELATED WEBINARS!
Commercial Flood Insurance Rules & Best Practices
on Tuesday, March 24, 2020
 
Updated Flood Insurance Exam Procedures,
Including Recent Private Flood Insurance Rules

on Friday, December 6, 2019
 
   MEET THE PRESENTER
Molly Stull
Brode Consulting Services, Inc.

Molly Stull began her career as a teller while working on her undergraduate degree and has continued working in the financial industry ever since.  She has experienced the growth of a hometown bank, acquisitions of branches, mergers, charter changes, name changes, etc.  Molly has activated business resumption plans, performed secondary market quality control reviews, processed wires, filed SARs, and coordinated reviews with external auditors and examiners.  Her favorite role has always been educating staff and strongly believes that if staff understands the reason for a process they will be more compelled to follow the procedures.  Molly holds a Bachelor’s from the University of Akron and an MBA from Ashland University.


THREE REGISTRATION OPTIONS – WHAT YOU GET
1. Live Webinar Includes
  • One connection to the Live Webinar
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Presenter’s contact info for follow-up
 2. Recorded Webinar Includes
  • Available 6 business days following Live date
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your institution
  • Presenter’s contact info for follow-up
 3. Purchase the BOTH Option to receive all the benefits listed above!

Online Registration

Registration is Closed
Closed: 9/19/2020 1:00 PM

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