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Financial institutions are required to complete transactions for customers involving Power of Attorney documents. To protect your financial institution’s interests when using these documents, it is imperative to understand the basic do’s and don’ts. This presentation will provide financial institution personnel with best practices to use when dealing with these complex legal documents.

This session will focus on the best practices that can be employed by banks rather than looking at any particular state’s laws.

Covered Topics
What are the relationships among the customer, the attorney-in-fact and the financial institution?
What is the difference between a durable and non-durable power of attorney?
How does a financial institution determine if a power of attorney is general or limited
What steps must a financial institution take to protect itself when relying on a Power of Attorney?
What language should the financial institution look for in the Power of Attorney document when completing a transaction for the attorney-in-fact?
How is a Power of Attorney revoked and when is that revocation binding on the financial institution?
What transactions create the greatest risks for financial institutions relying on power of attorney documents?
What attorney-in-fact representations may a financial institution typically rely upon?
How should a financial institution handle out-of-state powers of attorney?

Who Should Attend?
Financial institution employees involved with opening new accounts, deposit or loan documentation and operations will find this seminar very useful.

Presenter
Terri D. Thomas, JD is the Director of the Kansas Bankers Association Legal Department, which specializes in providing compliance and legal assistance to Kansas banks.

Terri has worked with financial institutions for over thirty-nine years in various capacities. Most notably, she served for fourteen years as in-house legal counsel and trust officer for Bank of America and its Kansas predecessors. She has also served as a trust department manager and branch manager.

Receiving her Bachelor of Arts degree from Kansas State University in 1985, Terri continued her education at Washburn University School of Law and obtained her Juris Doctor in 1988. She has served as an Adjunct Professor at Washburn University School of Law in Topeka, Kansas and the University of Kansas School of Law in Lawrence, Kansas, and is a frequent seminar presenter for financial associations in the Midwest.

Registration Options
“Live” Web connection – $265
6-month “OnDemand” website link only – $295
CD-ROM and e-materials only – $345
Live plus OnDemand website link – $365
Premier Package: Live, OnDemand link, and CD-ROM plus – $395

Even several years after the TILA-RESPA Integrated Disclosures (TRID) rule has been effective, along with a couple tweaks by the CFPB, compliance has been elusive. The rules can be so detailed and prescriptive that 100% accuracy is near impossible. After a year of light-touch exams, where lenders were expected to demonstrate a “good faith effort to comply,” scrutiny of TRID disclosures has become quite intense. Plus when you consider the legal liability of inaccurate disclosure of the many fees, identifying the many hot spots of TRID becomes paramount.

In this webinar we’ll explore those hot spots, gray areas, and frequently-violated provisions. We’ll spend time discussing the timing of the various disclosures (which can get quite complicated), disclosure of fees, and calculating tolerances and potential reimbursement issues. Our goal is to ensure you understand where the TRID rules can create uncertainty and risk, and insulate your institution as much as possible from noncompliance.

The “Most Common TRID Issues” webinar has been approved for 2.5 CRCM credits. This statement is not an endorsement of this program or its sponsor. Credits are redeemable for Live attendance only. Certification holders must report these credits at https://aba.csod.com.

Covered Topics
Coverage issues – straightforward but still a challenge
Application issues – data points, preapprovals, and more
The complicated timing rules of TRID: the 3-day LE rule, 7-day LE rule, and the 3-day CD rule. Making sure you count correctly.
Problems with disclosure of various fees
Providing a revised Loan Estimate – when can you do this? How does it impact tolerance issues?
Changed Circumstances – what this does and what it does NOT do
Proper calculation of tolerances/variances – what is your baseline?
Corrected CDs – timing is everything
Redisclosure and reimbursement after closing

Who Should Attend?
Loan officers, compliance professionals, auditors, QA/QC staff, processors, management, legal staff, and anyone else involved in the consumer mortgage application, processing, and closing processes will benefit from the information in this webinar.

Presenter
Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who is a Managing Director for Treliant Risk Advisors in Washington, DC. Through his working career, as well as through his experience as a banking attorney and officer, he has provided a variety of regulatory compliance and financial performance services to financial institutions and other clients throughout the country. He has written extensively regarding consumer and commercial compliance, tax, audit, and financial institution legal issues, and is a frequent contributor to and currently serves on the Editorial Advisory Board for the ABA Bank Compliance magazine. He has spoken at scores of banking, compliance, and state bar associations, and has conducted training sessions for financial institutions across the country.

Registration Options
“Live” Web connection – $265
6-month “OnDemand” website link only – $295
CD-ROM and e-materials only – $345
Live plus OnDemand website link – $365
Premier Package: Live, OnDemand link, and CD-ROM plus – $395

Unfortunately the last 18 months have seen many consumers in trouble, both because of the pandemic as well as the resulting dip in the labor market and overall economy. And this then means many borrower have defaulted on their mortgage loans, forcing lenders and servicers to consider foreclosing. And with the many moratoria against foreclosing and later extensions, it seems as though there will be many foreclosures initiated in a very short period of time. What are you permitted to do? What notices must be provided? The foreclosure process is by its nature a state-specific endeavor, but there are federal requirements as well. The CFPB and other federal agencies have instituted numerous requirements that must be met before foreclosures can be initiated.

This webinar will discuss those requirements and provide guidance on the proper steps to follow to ensure you understand all the requirements when considering or initiating a foreclosure action.

The “Compliance Responsibilities in Foreclosures – What are the Expectations Now?” webinar has been approved for 2.5 CRCM credits. This statement is not an endorsement of this program or its sponsor. Credits are redeemable for Live attendance only. Certification holders must report these credits at https://aba.csod.com.

Covered Topics
The nature of foreclosing – what happens?
Critical servicing requirements when a loan defaults that must be followed before foreclosing
Timing requirements
Notice rules
Federal agency mandates and rules before and during the foreclosure process
Tax reporting
General discussion on state laws and rules (note: each state is different, so we cannot speak to any individual state’s laws on foreclosures)
Additional regulatory requirements

Who Should Attend?
Anyone in the institution involved in mortgage servicing, default management, loss mitigation, and related areas that has responsibilities around the foreclosure process. This may include compliance professionals, risk management professionals, attorneys and legal staff, management, back officer operations, and any other party involved in this process

Presenter
Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who is a Managing Director for Treliant Risk Advisors in Washington, DC. Through his working career, as well as through his experience as a banking attorney and officer, he has provided a variety of regulatory compliance and financial performance services to financial institutions and other clients throughout the country. He has written extensively regarding consumer and commercial compliance, tax, audit, and financial institution legal issues, and is a frequent contributor to and currently serves on the Editorial Advisory Board for the ABA Bank Compliance magazine. He has spoken at scores of banking, compliance, and state bar associations, and has conducted training sessions for financial institutions across the country.

Registration Options
“Live” Web connection – $265
6-month “OnDemand” website link only – $295
CD-ROM and e-materials only – $345
Live plus OnDemand website link – $365
Premier Package: Live, OnDemand link, and CD-ROM plus – $395

 

2021 brings many BSA issues that can keep you up at night! From COVID Crimes and SARs to planning your Hemp policy, there are many twists and turns for 2021. This program brings many “Have you thought about it?” items on your list of things to do for 2021. COVID has changed customer transactions in ways we are just beginning to understand. What will it do to your risk assessment, your exemptions, your Customer Identification Program and beneficial ownership? Its time to begin to think about the long-term impact on your program and the short-term compliance issues.

Covered Topics
SARs and COVID
Transaction Monitoring gone awry–not sure anybody’s baseline will be normal
CTRs new rules still creating havoc
CTR Phase II Exemptions—will there be any?
Common Errors on Beneficial Ownership
Hemp Rules and Plans approved in many states
OFAC—New administration may bring changes in sanctions
Red Flags for PPP Fraud
Online account opening
And much more

Who Should Attend?
BSA Officers, BSA Staff, BSA Audit, Compliance, Operations, Security and Branch Staff

Presenter
Deborah Crawford is the President of Gettechnical Inc., a Virginia 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 30+ years of combined teaching and banking experience.

Registration Options
“Live” Web connection – $265
6-month “OnDemand” website link only – $295
CD-ROM and e-materials only – $345
Live plus OnDemand website link – $365
Premier Package: Live, OnDemand link, and CD-ROM plus – $395

How do you balance the “new normal” of online applications, electronic disclosure delivery, electronic signatures, the requirements of E-Sign and regulatory disclosure requirements while managing identity theft risk and application fraud?

Covered Topics

  • What are the rules? Learn about Federal regulations for E-Sign and the Uniform Electronic Transactions Act (UETA).
  • Which lending regulations are related to E-Sign and have specific provisions for compliance?
  • How do you comply with the “delivery” requirements of Integrated Disclosures for Loan Estimates and Closing Disclosures?
  • What are “digital signatures”?
  • Common questions, resources, exam procedures
  • Learn the Six-Step Process for Consumer Consent
  • Basic Steps for E-Sign Implementation
  • Tips for cybersecurity and fraud detection of identity theft

Who Should Attend?
This informative session will be helpful to ensure compliance with e-banking and is targeted for Compliance officers, Lending staff and Loan operations, Branch Managers, customer service representatives and others responsible for managing online banking, E-SIGN compliance, e-statements, and e-disclosures.

Presenter
Susan Costonis is a compliance consultant and trainer. She specializes in compliance management along with deposit and lending regulatory training.

Costonis has successfully managed compliance programs and exams for institutions that ranged from a community bank to large multi-state bank holding companies. She has been a compliance officer for institutions supervised by the OCC, FDIC, and Federal Reserve. Costonis has been a Certified Regulatory Compliance Manager since 1998, completed the ABA Graduate Compliance School, and graduated from the University of Akron and the Graduate Banking School of the University of Colorado. She regularly presents to financial institution audiences in several states and “translates” complex regulations into simple concepts by using humor and real life examples.

Registration Options

  • Live Access, 30 Days OnDemand Playback, Presenter Materials and Handouts – $279
  • Available Upgrades:
    • 12 Months OnDemand Playback + $110
    • 12 Months OnDemand Playback + CD  + $140
    • Additional Live Access + $75 per person

The Home Mortgage Disclosure Act (HMDA) is a complex, data-driven process. The CFPB has published many FAQs to clarify the correct codes and collection process. This webinar will provide effective training to help staff correctly document the demographic information based on the various types of application submission. These methods include in-person, phone, internet, and “hybrid” submissions. This is the second webinar in a three-part series. Attend Parts 1 and 3 to learn more about application basics and commercial lending issues.

HIGHLIGHTS

Successfully use toolkit resources to collect complex demographic information
Define the terms ethnicity, race, and gender
Explain the collection process to employees and accountholders
Distinguish between the requirements for various application channels
Realize the importance of collecting and reporting accurate information

TAKE-AWAY TOOLKIT

Step-by-step data collection definitions and important tips to avoid mistakes
Tool for collecting demographic information
Helpful HMDA compliance resources
Employee training log
Interactive quiz

WHO SHOULD ATTEND?
This informative session is designed for all employees who need to understand and manage HMDA reporting, including loan operations, loan officers, loan assistants, processors, compliance officers, and auditors.

ABOUT THE PRESENTER – Susan Costonis, CRCM
Susan Costonis is a compliance consultant and trainer who began her career in 1978. She specializes in compliance management along with deposit and lending regulatory training. Susan has successfully managed compliance programs and exams for institutions that ranged from a community bank to large multi-state bank holding companies. She has been a compliance officer for institutions supervised by the OCC, FDIC, and Federal Reserve. Susan has been a Certified Regulatory Compliance Manager since 1998, completed the ABA Graduate Compliance School, and graduated from the University of Akron and the Graduate Banking School of the University of Colorado. She regularly presents to financial institution audiences in several states and “translates” complex regulations into simple concepts by using humor and real-life examples.

REGISTRATION OPTIONS

Live Webinar – $245
Recorded Webinar and Digital Download – $245 plus tax
Live Webinar, Recorded Webinar and Digital Download – $320 plus tax

As financial institutions look to install effective diversity and inclusion programs, harnessing data and insights from their Affirmative Action Plans is extremely valuable. Too often we see duplication of effort or ill-defined D&I objectives. For example, how do we go about establishing specific diversity targets, beyond simply working to generally increase the representation of women, minorities, protected veterans and individuals with disabilities? How do we identify positions within the Bank where we should be able to make particular progress? So often we see the Affirmative Action Plan effort, really compliance in nature, considered separate from the diversity effort, which is more aspirational and cultural.

This session will identify and discuss AAP analyses and data which supply the specifics necessary to establish an effective D&I Program and just as importantly to monitor progress.

We will also highlight compliance issues which frequently appear, as organizations make progress in their diversity efforts. For example, pay equity analyses increasingly will reflect disparities based on race and gender as organizations achieve voluntary corporate diversity goals.

The objective of this session is to provide specific guidance intended to assist D&I and H&R professionals leverage your existing Plan data and analyses, to implement a diversity program with a much greater likelihood of success.

Covered Topics

How to extend AAP processes to achieve Bank diversity objectives which exceed OFCCP standards
Use of AAP “availability” data to establish specific and realistic diversity objectives
Use of AAP “hire” and “promotion” data to understand actual barriers to long-term results
Use of AAP “termination” data to understand retention issues, which undermine progress
Consideration of AAP compensation data to measure pay equity risk with diversity hiring and promotion progress
Diversity Self-Assessment and other “voluntary” disclosures and reports

Who Should Attend?

HR, D&I, senior leaders, compliance, audit and bank counsel.

Presenter

Steve Greene specializes in employment litigation, employee benefit issues and compensation matters for community banks. Steve founded Employment Law Compliance twenty years ago to support community banks. He regularly speaks to employment lawyers and human resources professionals in the banking industry. During the past 35 years, Steve has assisted financial institutions evaluate compliance obligations and has managed federal and state regulatory investigations and litigation across the country. His work has also includes working with the American Bankers Association and other industry associations to influence the DOL and Congress.

Registration Options

“Live” Web connection – $265
6-month “OnDemand” website link only – $295
CD-ROM and e-materials only – $345
Live plus OnDemand website link – $365
Premier Package: Live, OnDemand link, and CD-ROM plus – $395

This session will provide the detailed information and reference tools you need to confidently provide IRA owners and beneficiaries with the information necessary to make informed decisions regarding IRA-to-IRA rollovers, employer-plan-to-IRA rollovers, and IRA-to-IRA transfers. Staff who have operational, compliance, or IRA owner interaction will gain valuable insight into the nuances of properly handling and explaining IRA rollovers and transfers. In addition, managers and individuals who hold insurance or securities licenses will gain a thorough understanding of the many rules and their responsibilities. You will also learn the most common pitfalls to avoid when discussing and handling IRA rollovers and transfers.

HIGHLIGHTS

Recognize when the once-every-12-months rollover rule does not apply
Identify the most common mistakes made when handling employer-plan-to-IRA rollovers
Properly use important terminology, such as rollovers vs. direct rollovers vs. transfers
Understand how to avoid costly mistakes when handling inherited (beneficiary) rollovers and transfers
Identify your responsibilities versus best practices
Explain the exceptions to the 60-day rollover rule
Handle in-kind distribution rollovers (distributions of securities and other non-cash assets)

TAKE-AWAY TOOLKIT

Employee training log
Interactive quiz

WHO SHOULD ATTEND?
This information-packed webinar will benefit operations, frontline, compliance, managerial, and other staff that deal with IRAs.

ABOUT THE PRESENTER – Frank J. LaLoggia, LaLoggia Consulting, Inc.
Frank LaLoggia is the President of LaLoggia Consulting, Inc., Rochester, New York, a pension consulting firm that assists financial organizations with ongoing support in the creation, development, and marketing of their retirement plans offerings.

Frank coordinates and conducts retirement plan seminars and training programs throughout the United States, including in-house IRA, HSA and employer retirement plan training sessions. With over 39 years’ experience in employee benefits, he has assisted many leading financial organizations in the pension and financial services industries. Frank has achieved the designation of Deferred Compensation Specialist through Northeastern Universities Center for Continuing Education and The National Retirement Plans Training Conference.

Registration Options:

Live Webinar – $245
Recorded Webinar and Digital Download – $245 plus tax
Live Webinar, Recorded Webinar and Digital Download – $320 plus tax

Congress enacted the Financial Institutions Regulatory and Interest Control Act in 1978. The insider lending provisions of the law were implemented as Regulation O. Historical data show that insider abuse is at the heart of many bank failures. Examiners take very seriously their mission to prevent insider abuse. They frequently cite violations of Regulation O during examinations, and often take enforcement action. Enforcement actions may take the form of civil monetary penalties, a written agreement, or a Cease and Desist Action.

Typical violations include illegal overdrafts to insiders or extensions of credit that exceed one of several lending limit provisions contained in the regulation. These violations generally result from a lack of adequate procedures. Simple steps to monitor overdrafts and total extensions of credit to insiders are usually sufficient to prevent such violations. This program provides suggestions for procedures.

In other cases, violations result from a lack of understanding of the fine details of Regulation O. The concepts are fairly straight forward but contain enough details to cause confusion. Most banks can easily identify their directors and executive officers, but confusion occurs when trying to determine the status of the directors and executive officers of affiliated institutions. Each of the three lending limits is fairly simple but determining how the three limits interact with one another can cause confusion. This program provides detailed coverage of these, and other, basic requirements of Regulation O.

Civil monetary penalties can be assessed against the institution or against individuals. In one case, Federal regulators fined one director $15,000 for Regulation O violations.

On March 31, 2021, the Board of Governors of the Federal Reserve Board published ten Frequently Asked Questions (FAQs) about Regulation O. The FAQs include legal interpretations that have been formulated over time in response to specific requests. The FAQs include significant existing interpretations of the regulation, including those found in Board orders, letters to specific requestors, and other sources, as well as those not previously available in written form.

The “Regulation O – Lending to Insiders” webinar has been approved for 2.5 CRCM credits. This statement is not an endorsement of this program or its sponsor. Credits are redeemable for Live attendance only. Certification holders must report these credits at https://aba.csod.com.

Covered Topics
Who is considered an insider;
What transactions are considered “extensions of credit;”
The prohibition against preferential treatment;
The requirements for prior approval;
The lending limits for each insider, all insiders as a group, and special limits for executive officers;
The restrictions on overdrafts;
How Regulation O rules impact existing extensions of credit to newly elected/appointed insiders; and
The recently published FAQs.

Who Should Attend?
The program is designed for loan officers, compliance officers, loan support staff and auditors.

Presenter
Jack Holzknecht is the CEO of Compliance Resource, LLC. He has been delivering the word on lending compliance for 45 years. In 40 years as a trainer over 150,000 bankers (and many examiners) have participated in Jack’s live seminars and webinars. Jack’s career began in 1976 as a federal bank examiner. He later headed the product and education divisions of a regional consulting company. There he developed loan and deposit form systems and software. He also developed and presented training programs to bankers in 43 states. Jack has been an instructor at compliance schools presented by a number of state bankers associations. As a contractor he developed and delivered compliance training for the FDIC for ten years. He is a Certified Regulatory Compliance Manager and a member of the National Speakers Association.

Registration Options
“Live” Web connection – $265
6-month “OnDemand” website link only – $295
CD-ROM and e-materials only – $345
Live plus OnDemand website link – $365
Premier Package: Live, OnDemand link, and CD-ROM plus – $395

BSA Red Flags for Money Laundering

During this program, we will look at the professionals who help the criminal enterprise.

Sometimes a single individual and sometimes a business that will launder the proceeds of crime. FATF released in 2018 a report on these businesses that will help you detect and identify these businesses in your banks. From A to Z on how these business work and the techniques they employee to move illicit funds.

Covered Topics
Characteristics of Professional Money Laundering
Specialized services and business models
Types of dedicated ML Organizations:
Money Mules
Digital Money and Virtual Currency
Networks
Mechanisms that are used
Trade Based Money Laundering
Account Settlements
Underground banking
Criminal Service Providers
Banks
Lawyers
Payment Processors

Who Should Attend?
Who should attend? BSA Officers, BSA Investigators, SAR Reporting Staff, Compliance, Security and Training.

Presenter
Deborah Crawford is the President of Gettechnical Inc., a Virginia 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 30+ years of combined teaching and banking experience.

Registration Options
“Live” Web connection – $265
6-month “OnDemand” website link only – $295
CD-ROM and e-materials only – $345
Live plus OnDemand website link – $365
Premier Package: Live, OnDemand link, and CD-ROM plus – $395