CU Webinar Webinars - Live

Safe Deposit Box Disclosures, Due Diligence & Drilling

June 12 | 3:00 pm - 4:30 pm ET
Category:
CU Webinar Webinars - Live
Contact: Lauren Simonds at lsimonds@mainecul.org

Safe deposit boxes (SDBs) are an essential and popular service.

But did you know that neglecting proper maintenance and security measures can lead to compliance and legal issues? This session will explore the importance of having detailed procedures and strong controls for opening and maintaining SDBs. It will also reveal the issues examiners are finding. Don’t miss this thorough session!
 
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
  • Understand safe deposit box risks, including security, compliance, and BSA
  • Detail the differences between opening SDBs for consumers, businesses, trusts, and estates
  • Develop a detailed process for past-due rent
  • Handle procedures for when a lessee passes away
  • Monitor for suspicious activity
  • Determine when box contents are considered abandoned property
  • Use provided tools to audit and review your safe deposit boxes

For more information, including pricing and registration, click here.