Opening Nonprofit Accounts Compliantly

Compliance Frontline & New Accounts Operations Sales & Specials

On-Demand Webinar:

StreamedJul 31, 2023Duration90 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

See Registration Options

Many different groups rely on nonprofit accounts, including clubs, charities, formal organizations, benefits, and the list goes on.

Because they can be so specialized, they need special (informed) treatment. Do you know some of the differences on signature cards or required documentation? Who can access and sign? Attend this highly informative webinar to learn the dos and don’ts to stay in compliance.

WEBINAR HIGHLIGHTS:

How to set up accounts for formal nonprofit corporations, informal clubs, charities, homeowners associations, campaigns, and tragedy or benefit funds
Signature cards, resolutions, and documentation required on each type of account
TIN for entities using the parent organization’s TIN
How to obtain a TIN
BSA requirements for nonprofit organizations
Common errors and signature card problems
What to do/document when signers change or move away
Insurance issues
Special issues on public funds

WEBINAR DETAILS

From clubs to campaigns, these organization accounts have different rules and procedures for each type. Learn how to compliantly set up accounts for a wide variety of nonprofit organizations, associations, and corporations. This program is a must for those who open accounts for community, civic, and fundraising organizations. Documentation and signature card dos and don’ts will be covered so you can document authority, liability, and ongoing signatory rights on each.

WHO SHOULD ATTEND?

This informative session will be useful for new account representatives, service representatives, branch administration, branch operations staff, branch managers, personal bankers, BSA and compliance staff, and anyone who opens new accounts.

TAKE-AWAY TOOLKIT

New accounts 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

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.

Presented By

Deborah L. Crawford