Event Calendar

Wednesday, July 20, 2022

Powers of Attorney In-Depth: Good Faith, Fraud & Fiduciary Capacity Webinar

Start Date: 7/20/2022 9:00 AM MDT
End Date: 7/20/2022 10:30 AM MDT

Event Website: https://financialedinc.com/powers-of-attorney-in-depth-good-faith-fraud-fiduciary-capacity

Organization Name: Independent Bankers of Colorado

Maelynn Lewis
Email: mlewis@ibcbanks.org
Phone: (720) 607-7937

Powers of attorney are complex legal documents that can wield a broad array of authority.  Your team must be conversant with POAs, be alert for fraud and good faith issues – and know when to seek legal counsel.  With so much at stake, this timely program is a must! Powers of attorney are used to transact business with your financial institution daily.  If each situation isn’t handled properly, your institution can be exposed to significant risks of loss if the attorney-in-fact intentionally (or innocently) acts outside the scope of his/her authority.  Dealing with the attorney-in-fact is substantially different from dealing with the actual accountholder.  This webinar will explain everything you need to know when dealing with powers of attorney. 

  • Distinguish among the various types of power of attorney documents (durable, springing, limited, military, etc.) and when they can be used
  • Understand the fiduciary duties owed by the attorney-in-fact and what actions he/she can and cannot take
  • Explain the difference between an attorney-in-fact, a representative payee, and an authorized or convenience signer
  • Recognize the red flag indicators of possible fraud by the attorney-in-fact
  • Realize when your institution can be held liable even when the attorney-in-fact acted in good faith 
  • Take steps to reduce risk of loss from powers of attorney
  • Checklist of important questions to ask when accepting a power of attorney
  • 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
This informative session will be useful to both deposit and loan operations staff, including new accounts personnel, loan documentation staff, loan officers, tellers, attorneys, compliance personnel, auditors, and managers.
Financial Exploitation & Elder Fraud, Wednesday, November 9, 2022
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your agency is prohibited. Print materials may be copied for eligible participants only.
Elizabeth Fast, JD & CPA, Spencer Fane LLP
Elizabeth Fast is a partner with Spencer Fane LLP where she specializes in the representation of financial institutions.  Elizabeth is the head of the firm’s training division.  She received her law degree from the University of Kansas and her undergraduate degree from Pittsburg State University.  In addition, she has a Master of Business Administration degree and she is a Certified Public Accountant.  Before joining Spencer Fane, she was General Counsel, Senior Vice President, and Corporate Secretary of a $9 billion bank with more than 130 branches, where she managed all legal, regulatory, and compliance functions.

1. Live Webinar Includes
  • Unlimited connections within your institution to the Live Webinar
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Presenter’s contact info for follow-up
 2. On-Demand Webinar Includes
  • Recording of the Live Webinar
  • Available two 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! Full registration descriptions can be found here.