When your customer passes away, there are issues that must be addressed. Family members left behind often need to act without knowing what they can and cannot do with the decedent’s account or with checks payable to the deceased. They need guidance.
This webinar, the third in a three-part series, teaches attendees about more crucial matters in the life of an ACH transaction. The focus of this webinar will be pre-notifications, returns and reversals.
This program tackles OFAC compliance from a community bank perspective, helping you understand regulatory expectations so that you minimize both regulatory risk and compliance risk relating to OFAC sanctions.
BSA Compliance is only applicable for deposit accounts and primarily for individuals that conduct transactions above $10,000 or other suspicious transactions, isn’t it? Actually No! The definition of “account” in the BSA includes all loans.
Compliance monitoring versus auditing – they are the same thing, right? Lee Corso, an ESPN college football analyst, has a favorite catch phrase: “Not So Fast My Friend.” His words are perfect for this topic.
Many CSRs cringe when their deposit account customers say “We’ve got a trust now and we want to put our accounts into it” or “I want to open an account in my trust’s name.” Add in successor trustee issues, amendments, revocations, and customers who
Are you tracking the fines from the CFPB and other agencies? How many millions can be saved if your institution has good compliance training? Your bank doesn’t have to repeat the errors made by those “other banks.” What can make the difference?
Doing the right thing is what ethics is all about. Bankers are expected to adhere to the highest ethical standards in everything they do because the business of banking is built on a foundation of trust.