Share Account Basics

Account Titling, Ownership and Signatories

When you open and title accounts, you affect not only rights at death but also the insurance coverage of your account. Some of the big errors are occurring on our signature card contracts because we do not understand when to use authorized signers and PODs. Debbie Crawford of GetTechical Inc, will help you understand the legal ownership and proper titling of accounts that will prevent loss to your credit union and ensure that your account holder gets what he or she wants upon their death. 

Program Highlights

• How to set up and title individual, joint and POD accounts
• Why you have to match both the identification and the IRS record
• Completing the W-9 and W-8BEN
• Business account titling and TINs
• Minors and UTMA
• Account cards, disclosures and the importance of accuracy
• What happens when owners don’t sign on personal accounts
• Do’s and Don’ts on account cards
• What each disclosure is and does
• And much, much more

Who Should Attend

This seminar will benefit new member representatives, customer service representative, branch manager, branch administration, compliance and anyone who works with deposit accounts cards

Educational Investment

$250 per person (*Registration fee includes printed materials at this program). 

For the purpose of those applying for a grant, the cost of food and beverage is valued at $35 each and cannot be deducted from the fee  

Location

LCUL is holding a block of rooms at $119 per night. Click here to book online. 

Hungry for more Share Account Knowledge?  Save $50 total when you also register for Share Accounts Advanced in Lake Charles on April 18th!   

Registration is now closed. Please contact our Education Department if you have any questions.