This is a 90-minute webinar.
9:00 am – 10:30 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
There are numerous laws and regulations that affect deposit operations beginning with new account opening, including identifying accountholders under the USA PATRIOT Act, OFAC compliance, Truth in Savings, and other disclosure requirements. Once the account is opened, there are requirements regarding transactions (including holds on deposits), Bank Secrecy Act monitoring requirements, reporting and recordkeeping, rules relating to checks, electronic funds transfers, account insurance, etc.
Compliance with consumer protection laws and regulations is a perennial priority with examiners and auditors. Avoiding complaints and inquiries leads to a better experience for accountholders. Understanding your duties and responsibilities can make achieving this goal almost second nature. Protecting your institution from unnecessary losses due to missteps is an added plus. Learn the dos and don’ts of handling accounts the right way with this important training.
Further details will be available 45 days prior to the webinar date.
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 financial institution is prohibited. Print materials may be copied for eligible participants only.