Do’s and Don’ts of Signature Card Contracts

The signature card/account agreement is the most important document on the deposit side of the financial institution. In this document, many regulations merge.

Historically, the signature card was a small 3x5 index card where we housed sample signatures for our account owners. Today, the signature card and account agreement house the W-9, proof of receipt of federal disclosures, state ownership, and many of the legal issues of checks. It is an amazing document and varies some from state to state and financial institution to financial institution.

This program is designed to help you break down and understand your signature card and account agreement. It will help you understand and build better relations with your account holders.

Agenda

July 9th, 2024
11:00 am - 1:00 pm EST

What You'll Learn

Basic signature card components
Altering contracts
Ownership issues on single party accounts
Authorized signers, cards without signatures
Removing joint owners and changing signers
Joint accounts with mixed conjunctions
What happens when you forget to check a box
State requirements of rights at death and initialing type of ownership
POD accounts without beneficiaries
Power of attorney’s changing ownership to benefit his or herself
UTMAs with authorized signers
UTMA with joint owners
Learning more about the old style “Minor by” accounts
What is my job on the contract as withholding agent?

Topics

Customer Service
Deposit
Deposit Accounts
Deposit Compliance

Roles

Branch Manager
Customer Service Representative
Deposit Operations Manager/Specialist
New Accounts Representative
Private Banker
Training Manager
Trainer

Who Should Attend
This webinar will benefit new account representatives, personal bankers, branch managers, branch operations, customer service representatives and training personnel.

Speaker(s)

Deborah Crawford is the President of Gettechnical Inc., a Florida based training company. She specializes in the deposit side of the financial institution and is an instructor on IRAs, BSA, Deposit Regulations and opening account procedures. She was formerly with Hibernia National Bank (now Capital One) and has bachelor's and master's degrees from Louisiana State University. She has 35+ years of combined teaching and banking experience.

Fees

$299.00 or 1 Token

Available Upgrades

12 Months OnDemand Playback $120.00
12 Months OnDemand Playback + Digital Download $150.00
Additional Live Access $95.00 per person

Association Contact

AyZha Hazelwood, Education Meeting Coordinator
Ahazelwood@indiana.bank
317-387-9380