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

Thursday, December 15, 2016

10:00 am - 11:30 am HST
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET

Powers-of-attorney are complex legal documents used to transact business with your financial institution on a daily basis. If not handled properly, your institution can be exposed to significant risk if the attorney-in-fact intentionally (or innocently) acts outside the scope of his or her authority. This webinar will explain everything you need to know about attorneys-in-fact regarding deposit accounts and loan transactions. Join us to learn the actions an attorney-in-fact can and cannot take on behalf of your accountholder and how your institution can reduce its risk of loss.

Continuing Education: Attendance verification for CE credits upon request

HIGHLIGHTS

  • Various types of power-of-attorney documents – durable, springing, limited, military, etc.
  • Differences between an attorney-in-fact, representative payee, and an authorized or convenience signer
  • Actions an attorney-in-fact can and cannot take on behalf of your accountholder
  • Handling joint account owners or multiple powers-of-attorney
  • When is your financial institution liable for the actions of the attorney-in-fact?

  • TAKE-AWAY TOOLKIT
    • Important questions to ask when accepting a power-of-attorney
    • Employee training log
    • Quiz you can administer to measure staff learning and a separate answer key

WHO SHOULD ATTEND?

This informative session is applicable to deposit and loan operations. It will benefit deposit officers, loan officers, member service representatives, new accounts staff, tellers, compliance personnel, and managers.

PLEASE NOTE:    Webinar content is subject to copyright and intended for your individual financial institution’s use only.

MEET THE PRESENTER