Alabama Deposit Documentation

 

April 29, 2010

Wynfrey Hotel

1000 Riverchase Galleria

Birmingham, AL  35244

For directions please click here

 

Registration

$395/member $545/nonmember 

Your registration fee includes instruction, materials, and refreshments.

 

Click here to register

(If you do not have a login and password for our registration section please call our office

at 1-800-239-7338)

 

The following link contains detailed instructions for MyCBAA's members only registration process.

 

MyCBAA Online Registration Instructions

 

9:00 a.m. - 3:00 p.m.

Registration begins at 8:30 a.m.

 

Speaker - Joequetta Jackson, PBS

 

Joequetta Jackson is a Consultant at PBS. Prior to joining the firm in 2004, Ms. Jackson served as a compliance examiner for the Federal Reserve Bank of Cleveland in the Cincinnati branch. While at the Federal Reserve, Ms. Jackson also served as a Consumer Complaint liaison between consumers and state member banks. Ms. Jackson is a 2002 graduate of the Louis D. Brandeis School of Law and is licensed to practice law in Kentucky.

 

Seminar Overview

 

What is the difference between "joint with rights of survivorship" and "tenants in common"? What is a revocable living trust and how do we document it? Do we really need a corporate resolution? How do we open accounts for minors?

 

Have you or someone at your institution asked these questions and others like them? If so, don't miss this seminar.

 

The focus is on the day the account is opened. It provides hard to get state law requirements for ownership and documentation. Attendees learn the "why" behind standard operating procedures. The program also covers CIP procedures and IRS Reporting compliance issues.

 

The manual and the presentation suggest the procedures for standardizing the account opening process. The speaker uses "plain language" and "real-world" examples. Attendee participation is encouraged throughout the program.

 

Seminar Topics:

 

Account Opening Procedures

•   Customer Identification

•   Verify Depositor Information

•   Standardizing Procedures

Taxpayer ID No. Documentation

•   Obtaining the Appropriate TIN

•   Required Certifications

•   Nonresident Alien Requirements

Account Titles

•   Individual Accounts

•   Single or Multiple Party Account with Designated Agent

•   Informal Trusts

•   Uniform Transfers to Minors Act

•   Minor Accounts

•   Joint Accounts with Rights of Survivorship

•   Joint Accounts without Rights of Survivorship

•   Payable on Death Accounts

•   Estate Accounts

•   Valid Trust

•   Pension Plans

•   Grantor Trust – Revocable Living Trusts

•   Court Appointed Personal Fiduciaries

•   Social Security or SSI Representative Payee

•   Sole Proprietorships

•   Partnerships

•   Corporations

•   Limited Liability Companies

•   Lawyer’s Trust Accounts

•   Political Campaign Funds

Proper Documentation

•   Personal Accounts

•   Business Accounts

•   Fiduciary Accounts

•   Organizational Accounts

•   Powers of Attorney

Handling Requests for Change

•   Changes at Request of Customer

•   Changes Due to Death

•   Adding Owners

•   Deleting Owners

 

The Manual

The seminar manual is a comprehensive guide with detailed outlines and sample forms. It serves as a desktop reference for questions relating to the deposit function.

 

Who Should Attend

This is a comprehensive seminar developed for new accounts personnel, auditors, bookkeepers, operations officers and others who have responsibility for administering customer accounts. It is a fast-paced introduction for the new employee who needs an overview of deposit accounts and is designed to "tie everything together" for experienced personnel.  

 

More Information

Dress for the seminar is business casual.  To ensure your comfort, please bring a jacket or sweater.  If you need additional information please contact Debbie Pharr at 334-244-9456 or email dpharr@mycbaa.com.  Location is subject to change.  We will notify you if a change is made after your registration. 

 

Cancellation Policy

There will be a $50.00 fee for any cancellation.

 

© 2006 Community Bankers Association of Alabama