Safe Deposit Box Disaster Management: Fires, Floods, Tornados, Hurricanes and Burglaries

On Demand Course

Instructor: Dave McGuinn

Duration: 2 HR

What You'll Learn

Hurricane season is approaching, recent forest fires have turned safe deposit vaults into ovens, tornadoes have leveled branch facilities, burglaries are occurring 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.

Topics covered in this session

The Current State of Safe Deposit Vaults
Understanding Liability
Disaster Recovery: Lessons Learned
Reviewing & Auditing Safe Deposit Procedures
Preparing for Future Risks

Who Should Attend:

Benefit branch managers
Safe deposit supervisors
Vault attendants
Compliance officers
Auditors
Security officers
In-house legal counsel

Bonus Materials

Final exam to evaluate and review your disaster recovery 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

*This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

About the Author:

Dave McGuinn

David McGuinn, President of Safe Deposit Specialists, is a former banker with over 45 years of safe deposit experience. He is often referred to nationwide as the safe deposit GURU. In all 50 states he has trained over 350,000 safe deposit managers and personnel since 1969, and has served as President of the American Institute of Banking and the American, Texas and Houston Safe Deposit Associations. All four organizations have presented him with their President's Award for his dedication to the financial industry.Dave is a featured speaker for the American Bankers Association and the National Association of Federal Credit Union's TV network and has been interviewed by the Wall Street Journal, Dow Jones Money Watch, Bottom Line Financial, Washington Post, New York Magazine, Associated Press, Money Magazine, AARP, National Public Radio, CUNA, FDIC, Court TV, CNN, CBS, ABC and NBC Nightly News on current safe deposit issues.McGuinn has created numerous safe deposit operations, marketing, audit, security, disaster and compliance manuals, brochures, forms, training videos and Internet/audio training programs. His safe deposit products and training seminars are now recognized as the recommended standard for the financial industry. All of his safe deposit resource items can be reviewed at www.sdspec.com.

On-Demand Course