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Vendor Guru Q&A - Operations

Loan Document Challenges

Commercial Credit Documents

Benefits of Standardized Tracking Across Branches

Manual Steps in Document Tracking

Document vs. Task Exceptions

Trust Document Management Challenges

Paper-Only Approach to Trust Document Management

Latest Operations - Audit Topics

IRA Death Issues

05/15/2022

If a customer dies in 2019, what rules on death do the beneficiaries follow?

Minors as beneficiaries

05/15/2022

If an IRA is left to a minor, can the minor use life expectancy?

What is a signature today?

05/08/2022

How can we open an account online without a signature?

Inherited IRAs over 10 years?

05/08/2022

What is the difference between an eligible designated beneficiary and a designated beneficiary?

Does due diligence apply to online account opening?

05/01/2022

Should we go through our due diligence questions for online account opening?

Cannot Store ID from online account opening—myth or truth?

04/24/2022

Can we store ID from online account opening?

Where is the money? Under what laws?

04/17/2022

What state law does the money reside in?

Is force balancing insider abuse?

04/10/2022

During a routine audit we identified that a teller was force balancing her drawer. The overages or shortages were never over $5 and there was no loss to the bank. Do we need to file a SAR?

Joint accounts and CTRs—who goes on CTR?

04/10/2022

Do you only do one Part I on a joint account holders when a deposit is being made?

Are deposit insured if paper free?

04/10/2022

Is it okay if there is no “paper” signature card for FDIC insurance purposes?

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Premium Content View All

We Can't See the Forest

A recent investigative report from a newspaper in Sarasota, Florida highlighted the many reasons why banks fail, and they cite unethical lending practices, employee greed and dishonesty as a few of the culprits.

Occupational Fraud Hurts the Banking Industry Most

by Genilee Parente

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Most Popular Operations Content

IRA Death Issues

05/15/2022

If a customer dies in 2019, what rules on death do the beneficiaries follow?

Minors as beneficiaries

05/15/2022

If an IRA is left to a minor, can the minor use life expectancy?

Requiring Police Reports for Claims

05/15/2022

What about asking for a police report when a claim is made, can we do that?

Trust Document Management Challenges

05/15/2022

What are some common challenges of trust document management?

Paper-Only Approach to Trust Document Management

05/15/2022

What are potential downsides to a paper-only approach to trust document management?

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