Webinars - Live

Safe Deposit Issues: Delinquency, Death & Abandonment

12/04/2019 | 3:00 pm - 4:30 pm ET
Level: N/A
Category:
Webinars - Live
Cost: $200.00
Contact: Susan Erlandson at serlandson@mainecul.org

Poorly handling safe deposit boxes can result in tremendous liability to your financial institution.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

  • Appreciate your institution’s safe deposit box obligations and responsibilities
  • Implement proper procedures to grant access to a safe deposit box
  • Handle delinquent rent
  • Manage the death of a joint or sole owner
  • Properly escheat the contents of a safe deposit box to the state

WEBINAR DETAILS

Safe deposit boxes are an important service. They provide additional revenue and enhance accountholder relationships. But safe deposit box operations are unique and sometimes mysterious. Inappropriately handling a safe deposit box can result in unforeseen liability to your institution of tremendous proportions. This webinar will cover everything you need to know to properly handle safe deposit boxes, including the rental agreement, collecting rent, drilling the box, and escheatment of box contents to the state.

For more information or to register CLICK HERE