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Coming Events:
| Program Title : |
Certificates of Deposit (CDs): Compliance, Signature Cards, Disclosures |
| Date : |
Tuesday, February 23rd, 2010 |
| Time : |
3:00 - 4:30 PM Eastern Time |
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Download the Brochure. |
About The Program :
Most banks no longer offer “negotiable” Certificates of Deposit. Then why do we still have CDs endorsed, file them, and treat them like the negotiable certificates of years past? Some banks have incorporated a signature card into the CD process and combined the old and new ways; some have completely discarded the instrument and now use a signature card/account agreement; and some banks do both. Your bank can determine its own policy/preference as you ease into paperless account opening procedures. This vital session will look at the regulations’ requirements, why signature card contracts are needed, and the best practices in today’s era of partial withdrawals.
Topics Covered :
- Regulation D: What is a time deposit and what are the restrictions?
- When can penalties be waived? When not?
- Are CDs still negotiable? If not, then what is the importance of the signature card contract?
- Who signs the signature card? What if all parties have not signed?
- Can we allow partial withdrawals on CDs? What are the risks?
- Regulation DD: What are the notice and disclosure requirements for CDs?
- Taxpayer identification number certification: W-9s, W-8BENs, and EINs
About The Presenter : Deborah L. Crawford, gettechnical inc
Deborah Crawford is the President of gettechnical inc., a Baton Rouge-based firm, specializing in the education of financial institutions across the nation. Her 20+ years of experience began at Hibernia National Bank in New Orleans. She graduated from Louisiana State University with both her bachelor’s and master’s degrees. Debbie specializes in the education of financial institution employees and officers in the area of deposit account laws, new account documentation, insurance, complex compliance regulations and IRAs.
Who Should Attend :
This informative session would best suit customer service representatives, personal bankers, branch administration, compliance personnel, trainers, branch managers, and those who work directly with customers. PLEASE NOTE: Your registration fee allows you to have one telephone connection. However, as many people as you like may listen from your office speaker phone. If you register for the webinar, your registration fee also includes one internet connection from a single computer terminal.
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[ Return to Calendar of Events ]
Register For this Program Now!
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Program Fees:
| Live Webinar |
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VACB Member: $250
Non-Member: $500 |
| On-Demand Webcast with CD |
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VACB Member: $250
Non-Member: $500 |
| Live Webinar, on demand link and free CD |
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VACB Member: $275
Non-Member: $550 |
What is a Teleseminar / Webcast?
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This training method allows unlimited listeners on your office speaker phone. By choosing the webcast option,
participants will also be able to view online visuals as the presentation is delivered. Registrants receive a toll-free
number and pass code that will allow entrance to the seminar. The session will be one hour and fifteen minutes in length
with an additional fifteen minutes for questions and answers. Seminar materials will be sent prior to the broadcast along
with hook up instructions. Your pin number, hookup instructions and handouts can be emailed to you or sent U.S. Mail.
If you would like them emailed, you will need the most current version of Adobe Acrobat Reader, which is available for
free at www.adobe.com. Registration is not complete without payment of
fee. Upon payment of fee the hookup instructions will be forwarded to you for participation in our live Teleseminars / Webinars.
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