Permian Chapter Training
Wednesday, May 20, 2015 9:00 AM

Course:        Texas New Accounts Training (Live)

Dates:           MAY 19th and 20th (repeat)

Location:     Complex Community FCU -Training Facility
                      4519 E. 51ST
                      Odessa, TX 79762

Time:           9:00 am – 4:00 pm (8:30 am registration)

Instructor:   Deborah Crawford

In this seminar, we will look at the current procedures to open and document accounts to make sure your procedures are protecting your bank, including documentary, non-documentary and risk-based verification. The Texas Share Accounts Manual now includes a New Account Interview with seventeen steps for compliance.

What you will learn:

  • New Account Interview
  • W-9, W-8 Issues
  • Types of ownership: Individual, Joint, PODs, Agents, Powers of Attorney
  • Special Accounts: living trusts, estates, UTMA, social security representative payees
  • Sole proprietor accounts
  • Partnerships and Corporations
  • Limited liability companies
  • Non-profit organizations
  • IOLTA
  • Agency, escrow, and public funds
  • Tragedy, Political Campaigns
  • MSBs
  • New POD legislation in Texas and its requirements

Who should attend?

All tellers, head tellers, branch managers, branch administrators, New Accounts representatives, compliance officers, training staff and others who manage or work the front line.

Note: Please bring a sweater as it can be cool in training rooms.