Opening New Accounts Part 3: Trust and Fiduciary

Date:

Mar 12, 2025

Register

This two-hour webinar delves into the responsibilities of collecting appropriate documentation, providing ownership options, titling accounts correctly, and allowing proper access to trust, fiduciary, and minor accounts not only during lifetime but at the death of a signer as well.

Agenda

Wednesday, March 12th, 2025
2:30 pm - 4:30 pm EST

  • Defining Trustee, Personal Representative, and Fiduciary Roles and Responsibilities
  • TIN Compliance for Trust, Minor and Fiduciary Accounts
  • Proper Account Titling 
  • Formal vs. Informal Trust Comparison
  • Key Questions to Ask When Setting Up Trust Accounts
  • Six Pieces of Required Information For all Trust Accounts
  • Revocable vs. Irrevocable Trust Accounts
  • Payable on Death (POD)
  • As Trustee For, In Trust For, Totten Trusts
  • Minor Accounts 
  • Court Ordered Accounts
  • Roles and Responsibilities of a Personal Representative
  • Understanding Estate Accounts
  • Guardianship/Conservator Accounts 
  • Social Security Representative Payee
  • Veteran's Affairs Fiduciary
Topics

Topics

  • Auditing
  • BSA
  • Compliance
  • Deposit
  • Deposit Accounts
  • Deposit Compliance
  • Fraud
  • General Compliance
  • Risk Management/Legal
  • Sales
  • Teller
  • Transaction Compliance
  • Trusts

Roles

  • Bank Legal Counsel
  • Bank Secrecy Act Officer/BSA Specialist
  • Branch Manager
  • Compliance Officer
  • Consumer Lender/Retail Banker
  • Customer Service Representative
  • Deposit Operations Manager/Specialist
  • Internal Auditor
  • Loan Closer
  • Loan Operations Manager/Specialist
  • Marketing Officer/Business Development
  • New Accounts Representative
  • Private Banker
  • Risk Manager
  • Senior Management
  • Small Business Lender
  • Teller
  • Training Manager
  • Trainer
  • Trust Officer

Who Should Attend
Customer contact personnel, supervisors, and officers whose responsibilities include opening or managing new accounts, as well as Personal Bankers, BSA Officers, Deposit Operations, Branch Administration, CIP Managers, Training and Business Development Officers, Internal Auditors, and Compliance Officers will find the information beneficial. Lending assistants and officers will find the information informative as well.

Speaker(s)

With almost two decades of banking experience ranging from opening new accounts and IRAs, lending, managing operational and lending teams, and serving in key executive management positions - Matt Dickinson knows the benefit of strong frontline training and its role in managing operational, regulatory, and reputational risk. Effective 2024, Suzie Jones retired after five decades in the financial industry. Matt acquired Training Resources with the commitment to continuing the new account training programs and materials Suzie developed, recognized for its customization to state law and as one of the industry's most outstanding and comprehensive resources.

Matt is known for his expertise, approachability, sense of humor, and passion for providing knowledge to bankers so they can serve their banks' customers confidently while managing risk. He provides training through 16 State Bank Associations and nationally through OnCourse Learning, a web-based training platform. Matt enjoys family time with his wife and four daughters, cooking, and has completed three full Ironman triathlons, a testament to his dedication and patience; traits bankers can expect to experience when they interact with Matt.

Fees

$299.00or 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

Brooke McCormack, Education Meeting Coordinator
bmccormack@indiana.bank
317-387-9380