WBA Deposit Compliance School
The WBA Deposit Compliance School will start on Tuesday, August 29, 2023 at 8:30 a.m. and adjourn on Thursday, August 31, 2023 at 3:00 p.m.
*One-day registration option available for those looking for a full-day workshop on Regulation E on August 31, 2023 from 9:00 a.m.–3:00 p.m.*
VIRTUAL OPTION: You may choose to attend the school via livestream using Zoom. You’ll select your registration choice during registration. *We encourage attendees to consider attending in-person for the greatest experience and most efficient networking with peers. However, the virtual option is available for those who prefer to watch the presenters from their office.*
The curriculum is designed to give you a strong foundation of the various deposit regulations affecting your bank, the current trends in compliance, and the resources you need following the school.
Curriculum Includes:
- Compliance Overview: understanding the key players in compliance and how important it is to your bank
- Bank Secrecy Act and Anti-Money Laundering, including USA Patriot Act and OFAC issues
- Miscellaneous Deposit Regulations, including:
- Regulation D
- Regulation V
- Subpart J (Identity Theft Red Flags)
- Regulation GG
- Non-deposit investment products
- Regulation AA (UDAAP)
- Overdraft Protection Programs
- Regulation CC (Expedited Funds Availability)
- Check 21
- Legal Process, including:
- Garnishments
- Child Support Liens
- Federal and State Tax Levies
- Wisconsin Department of Workforce Development Levies
- IRS Summons
- Subpoenas
- Elder Abuse Reporting Rules
- Worthless Checks
- Regulation P (Privacy)
- Regulation DD (Truth in Savings Act)
- Regulation E Overview (Electronic Funds Transfer Act)
- E-Sign Act
Who Should Attend:
This school is designed for bank retail staff, including head tellers, personal bankers, universal bankers and managers, as well as compliance officers, operations personnel, and bank legal counsel.
School Requirements:
Each student’s performance will be evaluated through a pre- and post-test. Participants will be expected to attend all classes and correctly answer 75% of the questions on the post-test to successfully complete the school and receive a diploma. The pre- and post-test will be administered online.
Those registering for the one-day Regulation E workshop can disregard this.
Registration Information:
- Three-day Deposit Compliance School (Regulation E Workshop included): The student fee of $795 includes program registration, instruction and materials, and daily lunch and refreshment breaks.
- One-day Regulation E Workshop: The student fee of $275 includes program registration, instruction and materials, and lunch and refreshment breaks.
Hotel Information:
Visit wisbank.com/Hotels for a list of special rates available to WBA members.
Refund Policy: A refund, less a $150 administrative fee, is provided for written cancellations received by WBA 2 weeks before the start of a school. All requests for cancellations or substitute registrations must be provided in writing to WBA Education.