This session kicks off with an essential Regulatory Overview, diving into the vital regulations that shape account openings, including the USA PATRIOT Act, KYC, BSA, and AML laws. Understand the driving force behind these rules, from FinCEN's Beneficial Ownership requirements to FDIC insurance policies. Then, explore the Six Steps to Opening a New Account, which is designed to streamline processes like customer identification, validating banking history, and OFAC compliance. Finally, get an in-depth look at Consumer Account Ownership, emphasizing the significance of these account ownerships and their potential impact on a customer's will and ultimate estate planning. You will also learn about the effect of adding an authorized signer and the role of Powers of Attorney. By the end of this session, you'll be equipped to open consumer accounts while confidently adhering to all regulatory standards.

Although AI may feel new, Excel has been using AI-powered features for years. In this session, Excel expert and Excel for Dummies author David Ringstrom, CPA, explores tools like Flash Fill, Analyze Data, and Power Query’s Column From Example, then shows how ChatGPT can help write, understand, and automate Excel formulas and tasks with minimal VBA knowledge.

This webinar provides attendees with tips to avoid check fraud losses, as well as an overview of the laws that apply to loss allocation when check fraud occurs.

This webinar provides an essential understanding of letters of credit. Whether your bank issues letters of credit, accepts letters of credit, or takes liens on letters of credit rights, this program is for you.

The goal of every financial institution is to develop tellers who acquire the necessary skills to proficiently deal with customers, utilize loss prevention techniques and put a harmonious touch into every transaction. Whether the teller is new or a veteran, there is an opportunity during this webinar to learn tips and techniques that will make them more efficient, confident and prepared to tackle their daily responsibilities.

The third part of the series will focus on accounting for Other Real Estate Owned (OREO), accounting for equity securities, debt securities and the proper accounting for premiums paid on callable debt securities, with an example on applying a Modified Retrospective approach as required with the adoption of new accounting standards. Also, proper accounting and reporting of other-than-temporary-impairments (OTTI) on investment securities under ASC Topic No. 326 (CECL) will be discussed.