Safe Deposit Issues: Drilling, Unpaid Rent, Death & Unclaimed Property
On-Demand Webinar:
StreamedMay 4, 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
What could go wrong?
Safe
deposit box rental and use are predictable, right? Not so!
From delinquent rent, to joint ownership, to escheatment and death of an
owner, proper handling of safe deposit boxes is hardly banal. Learn the ins and outs of this often-overlooked
area.
AFTER
THIS WEBINAR YOU’LL BE ABLE TO:
- Understand your institution’s safe deposit box obligations and responsibilities
- Implement proper procedures to grant access to a safe deposit box
- Handle delinquent rent
- Manage the death of a joint or sole owner
- Properly escheat safe deposit box contents to the state
WEBINAR DETAILS
Safe deposit boxes are an
important service. They provide
additional revenue and enhance accountholder relationships. But safe deposit box operations are unique
and sometimes mysterious.
Inappropriately handling a safe deposit box can result in unforeseen
liability to your institution of tremendous proportions. This webinar will cover everything you need
to know to properly handle safe deposit boxes, including the rental agreement,
collecting rent, drilling the box, and escheatment of box contents to the
state.
WHO SHOULD ATTEND?
This informative session
is designed for all staff involved with safe deposit boxes, including officers,
service representatives, operations personnel, compliance officers, auditors,
attorneys, and managers.
TAKE-AWAY TOOLKIT
- Checklist of items that should be included in a safe deposit box policy
- 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
Spencer Fane LLP
© 2024 FINANCIAL EDUCATION & DEVELOPMENT, INC
