Webinar | April 16th, 2025 | 120-minutes | 10:00am – 12:00pm CENTRAL Time | $229

ARE YOU READY? Hurricane season is approaching, recent forest fires have turned safe deposit vaults into ovens, tornados have leveled branch facilities, burglaries have occurred nationwide, and sloppy recordkeeping, poor vault security procedures and many other disaster recovery mistakes have significantly impacted our safe deposit industry. Following all these tragic events, financial institutions have unfortunately been confronted with many difficult challenges, decisions, significant lawsuits and damaging newspaper and TV coverage.

Did you inherit the safe deposit area and then start wondering what liability might exist? Historically, this responsibility has been routinely passed from one operation or security officer to another, with little training or attention given to existing safe deposit procedures or documentation. Unfortunately, only after a disaster or lawsuit occurs does management turn its attention to this area.

Whether you have fifty boxes or 5,000, this presentation provides a realistic and well-organized method of reviewing and auditing your procedures before a disaster, burglary, catastrophe, or other mistake occur. Your speaker knows firsthand what to look for to eliminate these problems, from the most serious to the not so common, but potentially costly errors. This presentation will help you review your own internal security and operating procedures.

Specific Areas Covered in the Event:

• Why did the recent California fires impact thousands of safe deposit boxes in several facilities?
• Why did five years of drilled box contents disappear when burglars broke into a facility?

Specific Take-aways:

• How would you manage six feet of water if a hurricane flooded your safe deposit vault?
• Will your vault and safe deposit boxes survive if a tornado destroys your entire facility?
• Why should words like fireproof, waterproof or burglarproof vault always be avoided?
• How can FDIC & NCUA signs, logos and brochures create safe deposit liability?
• What ten disaster questions will always be asked in any safe deposit lawsuit?
• How should employees be trained to answer consumer security questions?
• Why should all renters be given a “No Insurance” disclosure form?

BONUS Material:

• Final exam to evaluate and review your vault security procedures.
• Website with over eighty (80) safe deposit box resources.
• Provide Sate Deposit Report Card to audit your security.
• Current safe deposit news articles and TV interviews.

Who Should Attend:

This informative program will benefit safe deposit supervisors, vault attendants, compliance officers, auditors, security officers and your in-house legal counsel.

Seminar Instructor

David P. McGuinn, President of Safe Deposit Specialists, is a former banker with fifty years of safe deposit experience and is often referred to nationwide as the safe deposit GURU. in all 50 states he has trained over 350,000 safe deposit employees and managers and has served the industry as President of American Institute of Banking and the American, Texas and Houston Safe Deposit Associations. Dave is a featured speaker for the American Bankers Association, Independent Community Bankers of America, National Association of Federal Credit Unions and over 100 other nationwide financial associations. He has been interviewed by the New York Times, Wall Street Journal, Money Magazine, New York Magazine, Reader’s Digest, American Banker, Associated Press, National Public Radio (NPR), Canadian Broadcasting Corp. (CBC), British Broadcasting Corp. (BBC), AARP, Bottom Line Financial, FDIC, CUNA, CNN, CBS, ABC, FOX, NBC Nightly News, Inside Edition, Crime Watch and Court TV on current safe deposit issues. McGuinn has created numerous training programs and his Regulatory/Compliance Manual, Policy and Procedures Handbook, Audit Manual and Fire & Flood Disaster Recovery Manuals are now the accepted standard for the financial industry. www.sdspec.com

Registration 

The cost to attend this 120-minute webinar is $229 for one connection*. *You may have as many listeners as you wish for your ONE connection (ONE computer login). If you would like additional logins for additional locations/computers, please contact our office or note names and email addresses in the comments sections of the registration form. A fee of $100 will be billed for each additional login. Please register the person you wish to receive the log-in and handouts links.

Registration fees include instruction, live interaction with the instructor, any materials and manuals used by the instructor (digital), and a link to the recordings of the class. (You will have unlimited access to the recording for 90 days.)

Cancellation and More Information

Full registration fees will be refunded if a cancellation is received on or before ten business days prior to the meeting. If the date of cancellation is less than ten days prior to the meeting, a $75 processing fee will be retained. No refunds will be given for cancellations made the day of the program. If you need additional information, please call (888) 773-4839.