Deposit Operations Comprehensive Compliance, Including BSA

Compliance Frontline & New Accounts Human Resources Operations

On-Demand Webinar:

StreamedJul 13, 2022Duration90 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

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Deposit operations is one of the most important areas of your financial institution.

This webinar will provide a comprehensive regulatory overview to help your institution avoid unnecessary loss and comply with BSA training requirements.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Describe the importance of BSA requirements
Apply the proper holds on checks
Define unauthorized electronic funds transfers
Explain how different forms of account ownership increase deposit insurance coverage
Distinguish between rules for consumer versus non-consumer accounts

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WEBINAR DETAILS

Numerous laws and regulations affect deposit operations, beginning with new account opening, including identifying accountholders under the USA PATRIOT Act, OFAC, Truth in Savings, and other disclosure requirements. Once an account is opened, there are requirements regarding transactions (including holds on deposits), Bank Secrecy Act monitoring, reporting and recordkeeping, and rules regarding checks, electronic funds transfers, account insurance, etc.

Compliance with consumer protection laws and regulations is a perennial priority with examiners and auditors. Understanding your duties and responsibilities can make achieving this goal almost second nature and also provides a better experience for accountholders. Protecting your institution from unnecessary losses due to missteps is an added plus. Learn the dos and don’ts of handling deposit accounts with this important training.

WHO SHOULD ATTEND?

This informative session is designed for new accounts staff, tellers, branch personnel, call centers personnel, and employees responsible for handling consumer inquiries and complaints about transactions, audits, and compliance.

TAKE-AWAY TOOLKIT

Check hold chart
SAR and CTR quick reference sheet
Sample deposit ops compliance policy
Internet resource list
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 financial institution is prohibited. Print materials may be copied for eligible participants only.

Presented By

Mary-Lou Heighes