Thursday, October 28th, 9:00 AM – 4:00 PM – Central Time

The Mississippi Deposit Accounts seminar will look at all the state legal issues on ownership and documentation of the accounts for personal, business, estate and trust accounts. We will look at your current procedures to open and document accounts to make sure your procedures are protecting your financial institution, including documentary, nondocumentary and risk-based verification. You will learn answers to customer questions from “How can I open an account for my minor child?” to “How do I set up my accounts in a living trust?” Each registrant will receive a digital copy of the 700 plus page Mississippi Deposit Accounts Handbook.

Program Topics

• Customer Due Diligence and Customer Identification Requirements
• Single party, multiple party, agents and POAs
• Sole Proprietorships
• Partnerships & Corporations
• Limited liability companies
• Nonprofit organizations
• IOLTA
• Agency, escrow & public funds
• CIP Regulations
• Sole proprietor accounts
• Special Accounts: living trusts, estates, UTMA, social security representative payees
• Small Estate Affidavits
• Beneficial Ownership Changes pending

Who Should Attend

This program is designed for customer service representatives, front line staff, compliance officers and support personnel, new account representatives, tellers, sales representatives, personal bankers, cashiers, branch managers, branch administrators, training staff and any other staff who has customer contact.