Opening Deposit Accounts for LLCs: Documentation and Procedures
One of the most interesting types of businesses is also the most complicated. Learn how to open, document, change signers, and handle the paperwork on LLC accounts.
From single member to multiple member LLCs, we'll cover all the definitions, tax reporting, CIP, and due diligence issues for opening the deposit account for an LLC. You'll receive a state-specific chart and help with understanding the ins and the outs of these deposit relationships.What You Will Learn:
Who Should Attend
- How to open and document the LLC for Customer Identification Purposes
- Who are managers, members, and signers
- What is an operating agreement - both written and oral?
- Documents at account opening
- Resolutions and Signature Cards
- SSNs, EINs and when to use what
- Disregarding the single member owner for tax purposes
- Changing members and signers
- Multi-tiered LLCs in which businesses and trusts are members
- LLCs "doing business as"
- Beneficial ownership of LLCs
New Account Representatives, Business Bankers, Personal Bankers, Commercial Loan Assistants, Branch Managers, Training and all Frontline Personnel.About Your Presenter
Deborah Crawford is the President of gettechnical inc. She specializes in compliance and regulations for the deposit side of financial institutions. Her 20+ year career in banking and training began at Hibernia National Bank. She has been a seminar leader for many state associations and credit union groups across the nation. She has Bachelors and Masters degrees from Louisiana State University.
|Licenses / Designations / Educational Credits:||CEU|
|About The Provider:
||Since 1983 Total Training Solutions has produced dozens of videotapes, CD-Roms, DVD's and web-based training modules. In addition to off-the-shelf products, Total Training Solutions also develops custom training products and consults with financial institutions to develop their own training curriculum.
For timely delivery of training topics, webinars or web conferencing is an unbeatable option. We now offer over 100 live programs per year and you can even purchase the recorded or ondemand session if you are unable to attend the live program.
We have worked exclusively with the financial industry since our founding. Because of this, we understand the needs of training departments in financial institutions and are alert to changes which affect the industry.
Attend the live session with the opportunity to ask questions to the presenter. You also receive a link to the handouts. All registrations for a live event will be given access to the OnDemand recording, at no additional cost, for seven days following the event. This will allow a flexible alternative when last minute conflicts intrude on scheduled events.
CD-Rom includes audio and video of recorded webinar plus hard copy handouts. You will also receive 6 months access to the OnDemand weblink as an added free bonus.
Includes a weblink for unlimited viewing for 6 months after the date of the webinar as well as a link to handouts.
Live + Recorded:
Includes all three options above. Live session, OnDemand Weblink, and CD-Rom plus Hardcopy Handouts.
Live + OnDemand:
Includes two of the options above. Live session and 6 months access to OnDemand Weblink plus link to handouts.
||Contact Us For More Information
||Share on Facebook
Share on Twitter
Share on Google+
|Currently Scheduled Dates For This Webcast|
|Opening Deposit Accounts for LLCs: Documentation and Procedures||CD/On-Demand||$295.00||
Right of Setoff
Your Renter Dies. Who Can Access the Safe Deposit Box Now?
Introduction To Credit Analysis
Calculating Cash Flow
Certified Regulatory Vendor Program Manager
Bank and Financial Institution Fraud
Qualified Financial Advisor (QFA)
Loan Processing 101: The Basics
Loan Officer Boot Camp
FHA Direct Endorsement - DE Underwriting
What To Do When Applicants Or Employees Have A Criminal History
Communication Skills for Women
Dealing with Difficult People
How To Supervise Employees Who Don′t Get Along