Doing the right thing is what ethics is all about. Bankers are expected to adhere to the highest ethical standards in everything they do because the business of banking is built on a foundation of trust.
Does your frontline understand the legal and regulatory issues when opening an account? Your signature card and deposit account agreement include complicated check handling, ownership, rights at death and regulatory provisions.
Compliance often focuses on change; whether it is focused on a new regulation or deregulation, the constant in compliance is “change.” Still, we can’t ignore the current rules whether they’re two months or two decades old, because examiners continue
In response to the need for faster electronic payments and settlement, NACHA developed Same-Day ACH. Same-Day ACH is rolling out over the course of three years. Phase I is already in effect with the higher risk Phase II just around the corner.
This webinar, the first in a three-part series, teaches you about ACH fundamentals, including transaction flows, network participants, managing risk of third parties, standard entry class codes, and common ACH violations.
When your customer passes away, there are issues that must be addressed. Family members left behind often need to act without knowing what they can and cannot do with the decedent’s account or with checks payable to the deceased. They need guidance.
This webinar, the third in a three-part series, teaches attendees about more crucial matters in the life of an ACH transaction. The focus of this webinar will be pre-notifications, returns and reversals.
This program tackles OFAC compliance from a community bank perspective, helping you understand regulatory expectations so that you minimize both regulatory risk and compliance risk relating to OFAC sanctions.
Many CSRs cringe when their deposit account customers say “We’ve got a trust now and we want to put our accounts into it” or “I want to open an account in my trust’s name.” Add in successor trustee issues, amendments, revocations, and customers who