Print Page   |   Contact Us   |   Sign In   |   Register
Top Fifty (50) "Most Important" Safe Deposit Procedures
Tell a Friend About This EventTell a Friend
 

 Export to Your Calendar 12/12/2019
When: Thursday, December 12, 2019
Where: United States

« Go to Upcoming Event List  

 


 

Photo: David P. McGuinn

Top Fifty (50) "Most Important" Safe Deposit Procedures

Thursday, December 12, 2019

9:00 am - 11:00 am MT

David P. McGuinn

Starting at $265

Can’t attend? OnDemand playback is included.
2.5 CE Credits

The safe deposit operation is a unique, fast-changing service in the financial industry. It is the only product or service in which members of your staff do not know the value of a consumer’s assets. As a result, every vault transaction can lead to considerable liability. Effective procedures and sound daily practices can counteract and minimize this risk. This webinar covers the “nuts and bolts” and the recommended day-to-day operating procedures for your institution.

David McGuinn, a nationally recognized expert in the safe deposit area, will provide clear, concise answers to all the basic or complicated questions regarding your institution’s responsibility, liability and daily operating procedures. In addition, you will receive information about many current safe deposit lawsuits and other nationwide horror stories.

What You Will Learn

Answer: (Y) YES (N) NO (NS) NOT SURE to review your internal procedures.

Answers OPERATIONS, LAWSUITS & LIABILITY ISSUES:

_____ Can box keys be duplicated using silly putty and epoxy glue?
_____ Will your part-time attendant make a good courtroom witness?
_____ Are there at least ten items included in your new box renter's kit?
_____ Are you aware that having box numbers on keys will create liability?
_____ Are you following the ten necessary steps when granting box access?
_____ Can FDIC/NCUA signs, logos or brochures create safe deposit liability?
_____ Are you completing the required Beneficial Ownership of Legal Entity Form?
_____ Are you providing a "No Insurance Disclosure Notice" to all new box renters?
_____ Can you purchase locksmith tools onEBAY that will open boxes in seconds?
_____ Do you know why you will lose a lawsuit if you leave anyone in your vault alone?
_____ Do you require five types of identification from every signer on a new box contract?
_____ Are you aware of your liability if box access is allowed "before or after" lobby hours?

How did you do on the test? (This presentation addresses these issues and much more)

Who Should Attend?

This informative program will benefit your (current or new) full and part time vault attendant, safe deposit supervisor, compliance officer and internal auditor.

About The Presenter

David P. McGuinn, President of Safe Deposit Specialists, is a former banker with over 45 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 personnel since 1969, and has served the industry as President of 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 Union and over 100 other financial associations. He has been interviewed by the Wall Street Journal, Money Magazine, New York Magazine, Fortune Magazine, Associated Press, National Public Radio (NPR), British Broadcasting Company (BBC), AARP, Bottom Line Financial, FDIC, CUNA, CNN, CBS, FOX, ABC, NBC Nightly News, Inside Edition, Crime Watch, 20/20 and Court TV on current safe deposit issues. McGuinn has created numerous DVD and web training programs and his Safe Deposit Regulatory/Compliance Manual and Policy and Procedures Handbook are now the accepted standard for the financial industry.

Association Management Software Powered by YourMembership  ::  Legal