In this session, we cover the definition of the ownership boxes for consumer and trust accounts including: titles, ownership, TIN, and authorized signers for that ownership and death payouts.
Understanding Signature Card Contracts and Proper Account Opening Procedures for:
- Individual and Single Party Accounts
- Joint and Multiple Party Accounts with and without Right of Survivorship
- Authorized Signers or Agents on Personal Accounts
- Power of Attorneys - In House Form and Out of House Form
- Minor accounts - including the Uniform Transfer to Minors Act
Note: It is highly recommended you have a copy of your financial institution's account agreement and resolutions nearby to follow along during the session.
Who Should Attend?All customer contact personnel, supervisors and officers whose responsibilities include opening or managing new accounts and certificates of deposit. Excellent for supervisors or officers who have authority to "waive" documentation requirements. Internal Auditors and Compliance Officers will find the information exceptionally beneficial as well.
The PresenterPatrice M. Konarik is president of Sunwest Training Corp. founded over 20 years ago and is located in the Texas Hill Country near San Antonio, Texas. With over 30 years experience in the financial industry,
Patrice has focused her expertise on the retirement and new account areas and is currently providing live training and webinars on these subjects on a nationwide basis.
Many state banking associations and other organizations use her as their main source for training on these complicated topics. Patrice's upbeat personality and former banking experience easily encourages interaction and questions during the training sessions.
