CU news Logo

 Your source for the latest technology information of interest to credit unions across America.

Subscribe to our weekly e-mail newsletter and/or our monthly newsletter and stay on top of the latest technology trends in Hardware, Software, ATMs, Biometrics, Wireless, Online Banking, Marketing, Security, Internet Access and Call Centers.

Opening Business Accounts: Procedures and CDD Rules

Date: Tuesday July 23rd 10:00 am - 11:30 am CT | Cost: $195 and 2 CE Credits

Opening Business Accounts: Procedures and CDD Rules

Understanding different types of business ownerships and the structure of each will help you open business accounts properly. During this program we will look at how each type of business works, how changes are made at death and at new ownership. We will discuss beneficial ownership, resolutions and account cards and how all the pieces work to set up successful business membership at your credit union.

What You Will Learn:

How to Set up the following business types:

- Sole Proprietorship
- General Partnerships
- Limited Partnerships
- Limited Liability Partnerships
- Limited Liability Companies
- Corporations
- Nonprofit Corporations
- Intermediary Accounts
- Campaign Accounts
- Tragedy/Benefit Accounts

In addition to:

- Changing Signers and Owners
- What happens at death
- What is a resolution? Account? Beneficial Ownership Form
- What documents does the member provide and what do we provide

Who Should Attend: New Member Service Representatives, Branch Managers, Loan Officers, Training, Deposit Operations, BSA Staff and Compliance.

Speaker: Deborah Crawford is the President of Gettechnical which is a Virginia based training company. She specializes in the deposit side of the FI and is an instructor on IRAs, BSA, Deposit Regulations and opening account procedures. She has 30+ years of combined teaching and banking experience.

Webinar 29 Paid

Enter Your Name

Enter company position

Enter institution

Invalid Input

Invalid Input

Select a State

Invalid Input

Invalid Address

Invalid Input

Invalid Input

Please select invoice method

If you are paying by credit card, please enter it below.

Invalid Input

Invalid Input

(mm/yyyy)

Invalid Input

(Found on the back of the card)

Invalid Input

Invalid Input

Select a State

Invalid Input

Opening Business Accounts: Procedures and CDD Rules

Get Our Free Email Newsletter

Invalid Input

Invalid Input

Invalid Input

Invalid Email Address