2013 Indiana Deposit Account Administration (Rescheduled from because of the weather)
Click here for a PDF registration brochure
This full day seminar provides the foundation bank employees need to successfully balance customer service and compliance at the new accounts desk. This is the most comprehensive program available on this topic. It covers both federal regulation and state law issues which impact opening and maintaining new accounts. Prior attendees say the manual remains on top of their desk – it is a companion resource to the bank’s CIP.
The first part of this program is designed to answer questions about compliance with federal regulations during the account opening process - from CIP to signing the signature card. BSA responsibilities at the new accounts desk are a major focus. The remainder of the day is devoted to ongoing administrative issues, and Indiana law regarding account ownership and death distribution. The program provides answers to the most commonly asked questions. It also explains the “whys” behind many routine practices. Important information on consumer account signers (agents) and POD account death transfer options (LDPS) under Indiana law is included. In addition, the NEW IRS Name Control rules are used to teach attendees proper titling and TIN requirements to avoid increased IRS penalties.
Account ownerships recognized by Indiana Law
Disclosures required at account opening
Powers of Attorney
Closing an account
Maintaining consumer accounts; e.g. adding & deleting signatories
Maintaining business accounts; e.g. resolutions, DBA certificates, and verifying existence
Procedures on death of an owner
Who Should Attend
The program is designed for experienced new account representatives, supervisors and auditors.
Please Bring With You
Please bring a copy of your signature card, resolutions, disclosures and any other new account documents for reference during the program.
About Your Presenter - Laura Wilson, Principal, Pegasus Educational Services, LLC
Laura Wilson is a principal with Pegasus Educational Services, LLC. She is a gifted trainer who proves learning can be fun. Audiences routinely comment that her recollection of material content and sense of humor are unique among presenters on technical topics. Her career in training on banking related issues began in 1987. At one time she served as the regulatory compliance trainer for a $3 billion savings bank. Later, she was a senior consultant and full-time trainer for a regional consulting firm for financial institutions. She has served on the faculty of the OTS’ Level I Compliance School and the FDIC’s Bank Operations and Compliance School for examiners. In addition to presenting seminars for 17 state banking associations, she has been an instructor at several compliance schools.
$225 First Member
$155 Each Additional IBA Member From Same Institution
$450 Each Attendee
As of Jan. 1, 1994, only 50 percent of business food and beverage can be deducted. For tax purposes the cost of food and beverage for this program is $25.
8:30 a.m. Registration
9:00 a.m. Program begins
12:00 noon Lunch (included)
1:00 p.m. Program resumes
4:00 p.m. Program adjourns
Courtyard by Marriott Fort Wayne Downtown
1150 S. Harrison Street
Fort Wayne, IN 46802
Dress is business casual.
Everyone who registers online will receive an e-mail confirmation after the registration is submitted. Within three or more business days prior to the day of an educational program, no cancellation charge will be assessed. Within two days prior, 50% of the fee is assessed. Refunds are not provided for cancellations or absences which occur on the day of the program. Substitutions are welcome at any time.