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Course/Product Description
Title:

Your Renter Dies. Who Can Access the Safe Deposit Box Now?

SKU:WT-1001565
Format: Webinar
Description:

Your Renter Dies. Who Can Access the Safe Deposit Box Now?

Safe Deposit Box State and Federal Compliance Issues

Improve Your System:


Questions regarding deceased renters, payable-on-death clause, living trusts, court orders, Servicemembers Civil Relief Act, USA Patriot Act, Suspicious Activity Reports, power of attorneys, Americans with Disabilities Act, past due boxes, abandoned property and many other legal and compliance issues have caused great concern and confusion for the safe deposit industry.

At this workshop you will receive current information about all these issues and an in-depth explanation about how they impact on your financial institution and your safe deposit box renters. David McGuinn, a former Sr. Vice President/Cashier and nationally known expert in the area of safe deposit, will provide clear concise answers to complicated questions regarding your institution’s responsibility and potential liability. He will also identify and discuss various compliance issues relating to each legal topic.


What You Will Learn:

Get answers to the following questions and establish internal procedures to comply with your own safe deposit requirements.

  • Who can legally access and remove contents from a deceased renter’s box?
  • Can you title a lease as a “living trust” or add a “payable of death” clause?
  • Does the Servicemembers Civil Relief Act (SCRA) apply to past due boxes?
  • What seven suspicious safe deposit transactions always trigger a SAR?
  • How does the USA Patriot Act affect all safe deposit areas nationwide?
  • What BSA & SAR violations are compliance examiners finding today?
  • What should we do if dangerous contents are found in a past due box?
  • When are box contents sent to the Unclaimed Property Department?
  • In most states who must be present when a past due box is drilled?
  • How can poor box drilling procedures make a box renter very rich?
  • Do you have “Right of Offset” against a past due renter’s account?
  • What past due fees can be collected from a delinquent box renter?
  • Can you report a past due box renter to a credit-reporting agency?
  • What careful wording should be used in a FINAL past due notice?
  • What amount of safe deposit liability insurance should you carry?
  • How does the American with Disabilities Act affect safe deposit?
  • How should you answer a renter’s question about insurance?
  • Should a power of attorney be used to enter a renter’s box?
  • Can renters legally store money, guns or drugs in a box?


Who Should Attend

Safe deposit supervisors, vault attendants, cashiers, branch managers, compliance officers, auditors, training directors, new account personnel and your in-house legal counsel.

The Presenter

David P. McGuinn, President of Safe Deposit Specialists, is a former banker with 45 years of safe deposit experience and is often referred to nationwide as the safe deposit GURU. In all 50 states he has trained over 250,000 safe deposit personnel since 1969, and has served the industry as President of AIB and the American, Texas and Houston Safe Deposit Associations. Dave is a featured speaker for the American Bankers Association's TV network and has been interviewed by the Wall Street Journal, Banking-New York, Washington Post, Money Magazine, New York Magazine, Associated Press, AARP, National Public Radio, FDIC, CUNA, CNN, CBS, ABC, NBC Nightly News and Court TV on current safe deposit issues. McGuinn has created numerous training programs and his Safe Deposit Policy and Procedures Handbook, Regulatory/Compliance manual, products, brochures and training seminars are now the accepted standard for the financial industry.

Licenses / Designations / Educational Credits:CEU
All US States: 2.5
All Canadian Provinces: 2.5
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.

Webinar Descriptions:

Live Session:
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.

Recorded CD:
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.

OnDemand:
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.
Price: $265.00
More Info: Contact Us For More Information
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Currently Scheduled Dates For This Webcast
Course TitleDatePrice
Your Renter Dies. Who Can Access the Safe Deposit Box Now?CD/On-Demand$345.00

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