Course description

BSA Exam Manual was updated in 2021 for these accounts!   Learn more.

 

From clubs to campaigns, these organization accounts have different rules and procedures for each.  Learn how to set-up these different nonprofit organizations, associations and corporations.  This program is a must for those who open accounts for community, civic and fund raising organizations.  The documentation and signature card do’s and don’ts will be covered for your financial institution so that you can document authority, liability and on-going signatory rights on each.  There is a reason that the regulators keep issuing guidance on nonprofit organizations and charities.  Learn more about how to mitigate risks of these special accounts.

 

Program Highlights

  • How to set up:  nonprofit corporations, nonprofit organizations that are formal, informal clubs, charities, homeowners associations, campaigns and tragedy or benefit accounts
  • Signature cards, resolutions and documentation required on each of these accounts
  • TIN for entities using the parent organization’s TIN
  • How to obtain TIN
  • Current beneficial ownership requirements for nonprofit corporations
  • BSA requirements for nonprofit organizations
  • Common errors and signature card problems
  • What happens when signers move away
  • How to document changes in signers
  • Insurance issues
  • Special issues on public funds

 

Who Should Attend

This informative session will be useful for new account representatives, customer service representatives, member service representatives, branch administration, branch operations, branch managers, personal bankers, compliance, BSA and anyone who opens new accounts.

 

 

Instructor(s)

Deborah Crawford

Deborah Crawford is the President of gettechnical inc. She specializes in compliance and regulations for the deposit side of financial institutions. Her 27+ year career in banking and training began at Hibernia National Bank. She has been a seminar leader for many state associations and credit union groups across the nation. She has Bachelors and Masters degrees from Louisiana State University.

Course curriculum

  • 1

    Webinar

    • Access Webinar

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