|Event Date||Tue Apr 21 EDT (over 1 year ago)|
What would happen if you were called upon to give a deposition in court on a signature card for an account you opened thirteen years ago at an institution for which you no longer worked? What would you say when an attorney asked you to remember the customer’s intentions when you opened that account?
This actually happened. A banker had placed an “X” on the signature card in between JTWROS and JTWOROS. In this informative program, you will learn that your signature cards are a legacy that you leave the bank for many years to come. How a signature is set up can impact your customer’s FDIC coverage. It is critical that bankers clearly understand ownership, titling and access under your signature card contract. If you do not, then the bank will have potential liability. This is a “must attend” webinar in order to learn more about risks, liability and losses that can occur due to signature card contract. And, most importantly, how to avoid these issues!
Who Should Attend?
This webinar is designed for customer service representatives, branch administration, branch managers, tellers, training and development staff, compliance personnel and anyone who handles customer accounts.
President, Gettechnical Inc.