Event Calendar

Thursday, December 15, 2022

Consumer Accounts: Opening, Titling, Changing & Documentation Webinar

Start Date: 12/15/2022 9:00 AM MST
End Date: 12/15/2022 10:30 AM MST

Event Website: https://financialedinc.com/Consumer-Accounts-Opening-Titling-Changing-Documentation

Organization Name: Independent Community Bankers of Colorado

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

Got acronyms?  Account opening, titling, and documentation can involve BSA, CIP, CDD, SSNs, EINs, ITINs, and more. If you need a decoder to interpret how each of these affects consumer accounts, then this is the webinar for YOU! This webinar will look at the regulatory issues that affect opening consumer accounts, particularly BSA issues. The Customer Identification Program (CIP) and Customer Due Diligence (CDD) are the foundation of account opening. Join us to learn about IRS issues, state law concerns, disclosures, and rights at death. This program will provide a comprehensive guide to how to open and maintain consumer accounts.

  • Identify your accountholder using CIP
  • Conduct a new account interview to satisfy purpose and source questions
  • Ascertain the types of acceptable identification
  • Differentiate between SSNs, EINs, and ITINs
  • Manage single-party accounts, including CIP, CDD, and accountholder death
  • Understand WROS and WOROS for multiple-party accounts
  • Determine what to do when a party dies
  • Add a party to an account
  • Process address and status changes
  • Open nonresident alien accounts and complete the W-8BEN
  • Move forward with minor accounts, powers of attorney, and payable-on-death accounts
  • Recognize who gets which consumer disclosure
  • New accounts handbook
  • 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
The expert insight provided in this webinar will benefit new account representatives, deposit operations staff, branch administration personnel, trainers, branch managers, service representatives, tellers, compliance officers, and others who open accounts.
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.
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.

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.