Program Description:

Many financial institutions are increasingly taking more losses in the new account area than in the loan area. The reason - on the job training. This can result in an environment of insecurity and vulnerability for new account representatives and unnecessary losses for the financial institution. We will follow the simple steps to establish the more complicated accounts at the financial institution including, title, ownership, TIN and people authorized to sign our legal documents for the entities.

It is highly recommended you have a copy of your financial institution's account agreement and resolutions nearby to follow along during the session.

This is Part 2 of a two part series. The first session is being held on April 30th. You can attend both sessions or just one.

This 2-Hour Webinar Covers:

Understanding Signature Card Contracts and Proper Account Opening Procedures for:

• Obtaining documentation for business accounts including:
  • Sole Proprietorships
  • General, Limited and Limited Liability Partnerships
  • Limited Liability Companies
  • Corporations
  • Nonprofit Associations and Charitable Organizations
  • Detailed Explanation of Business Resolutions (have a copy of your financial institution's resolution available during the training session)
  • Court-Ordered Accounts including Estates and Guardianships

Who Should Attend:

All customer contact personnel, supervisors and officers whose responsibilities include opening or managing the new account area. Excellent for supervisors or officers who have authority to "waive" documentation requirements. Internal Auditors and Compliance Officers will find the information exceptionally beneficial as well.

Presenter:

Patrice M. Konarik, CFP® is president and founder of Sunwest Training Corp. located near San Antonio, TX. She has over 25 years experience in the banking industry specializing in Deposit Accounts and IRAs, and is currently providing training in these areas on a nationwide basis. Patrice earned her BS in Management from Binghamton University in New York and has been a Certified Financial Planner™ for over 15 years. She has a down-to-earth and humorous teaching style and makes complicated issues easy to understand.