Webinar

Opening New Accounts II – Business Accounts
Part 2 of a three-part series. You can attend all sessions or each one individually.

This is for Part II only. For series pricing, CLICK HERE.

It is no longer “okay” to open accounts for non-documented businesses. When you open a commercial account you should verify this is a legal business and who is authorized to transact business on behalf of that entity. In this two hour webinar, we will investigate the types of business entities available in most states and who that “authority” person is to open the account and sign the resolutions.

It is highly recommended you have a copy of your financial institution’s account agreement and resolutions nearby to follow along during the session. To customize it to your state law, you may also want to access your Secretary of State website to access information on forming business structures in your home state.

This is Part 2 of a three-part series. The first session is being held on April 22 and the third on May 6. You can attend all sessions or each one individually.

Covered Topics

Understanding Signature Card Contracts and Proper Account Opening Procedures for each type of business:

  • What businesses need to obtain an EIN
  • Are business signers subject to OFAC and CIP requirements
  • Obtaining documentation for business accounts including:
    • Sole Proprietorships
    • General, Limited and Limited Liability Partnerships
    • Limited Liability Limited Partnerships (LLLP)
    • Limited Liability Companies
    • Corporations
    • Nonprofit Associations and Charitable Organizations
    • Detailed Explanation of Business Resolutions (have a copy of your financial institution’s resolution available during the training session)

Audience

All customer contact personnel, supervisors and officers whose responsibilities include opening or managing new accounts and certificates of deposit. Excellent for supervisors or officers who have authority to “waive” documentation requirements. Internal Auditors and Compliance Officers will find the information exceptionally beneficial as well.

Speaker

Patrice M. Konarik is president of Sunwest Training Corp. founded over 20 years ago and is located in the Texas Hill Country near San Antonio, Texas. With over 30 years experience in the financial industry, Patrice has focused her expertise on the retirement and new account areas and is currently providing live training and webinars on these subjects on a nationwide basis. She has a BS In Management Science from New York’s Binghamton University. Many state banking associations and other organizations use her as their main source for training on these complicated topics. Patrice’s upbeat personality and former banking experience easily encourages interaction and questions during the training sessions.

Credit Information

Institute of Certified Bankers: Visit http://www.icbmembers.org/login.aspx for instructions regarding self-reporting. Estimated credits: 2.5 CE Credits

Pricing

Live Webinar Plus Five (days)  - $265
Six Month On-Demand – $295
Live plus Six Month On-Demand – $365
CD-ROM (Includes Six Month On-Demand) – $325
Premier (Includes all options) – $395
Additional Locations – $75

                               

Registration

Online: Click here.

Phone: Call Total Training Solutions at (800) 831-0678

Register online up to day of event. Earlier registration allows time to check your computer for an optimal experience.

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