Frontline Series: Opening & Maintaining Business Accounts
If you’d rather duck and cover than set up new business accounts, it’s time to turn over a new leaf. This dynamic webinar will provide the knowledge needed to confidently handle opening and maintaining business accounts. Join Debbie Crawford, a nationally recognized deposit compliance expert, to get the skinny on business accounts and best practices with this beyond-the-basics training.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Understand the different business ownership types available
- Complete resolutions and signature cards and acquire all necessary paperwork
- Do meaningful CIP, CDD, and EDD
- Conduct a thorough new account interview
- Adapt to changes as your accountholder’s business changes
- Complete IRS reporting requirements
- Demonstrate updated beneficial ownership knowledge
WEBINAR DETAILS
Do business account change requests intimidate you? This fact-packed webinar will explain how to handle changes with ease. Learn the tips and tricks of the trade with this in-depth training and become the go-to person at your institution. This session will teach you about changing ownership, changing signers, changing principals, and many other issues in the lifecycle of a business. You will learn how to open and close business accounts due to death, sale of the business, or dissolution. It will also address the paperwork, tax reporting, and resolutions in an ever-changing landscape. This program will go way beyond the basics of maintaining business accounts.
WHO SHOULD ATTEND?
This informative session is designed for new accounts personnel, personal bankers, branch managers, trainers, BSA staff, deposit operations professionals, and deposit compliance personnel.
