Due to COVID-19, this class has been rescheduled from March 18 to August 19. 

This program has been switched to a virtual program through Zoom.

Member Fee for Virtual Live Seminar OR Virtual Seminar Recording:  $265
Non-Member Fee Virtual Live Seminar OR Virtual Seminar Recording:  $465

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Speaker: Debbie Crawford, gettechnical, Inc. 

This seminar is designed for the frontline so that each new account representative understands how federal law impacts the opening of an account. Topics include:

• Bank Secrecy Act - CTR & SAR USA Patriot Act, CIP rules, Suspicious Activity Report, Risk Assessment, MSBs, Red Flags
• Availability of Funds (Reg. CC) Completing a hold notice and common errors, Substitute Checks, Remote Checks. A review of the proposed changes will also be included - new disclosure format, new teller hold notices and implementing Regulation CC changes for July 1, 2020
• Truth in Savings Act (Reg. DD) Overview and common errors, overdraft privilege
• Electronic Funds Transfer Act (Reg. E) Unauthorized transactions, receipts at electronic terminals, periodic statement requirements, common errors, and check conversions
• Reserve Requirements (Reg. D) NOW account eligibility and transaction limitations, CD penalties, public funds and Violations of Regulation D on Savings, Now and Time Deposits
• How to file CTRs with new rules on business accounts including dba and headquarters
• New nonresident alien interest reporting rules
• Changes in FDIC insurance rules
• New law suits on Overdraft Services—understanding good funds and available balance
• Disclosures on Signature Cards