Top 25 Safe Deposit Legal And Compliance Issues
About This Course
Questions regarding deceased renters, payable-on-death clause, living trusts, court orders, Servicemembers Civil Relief Act, USA Patriot Act, suspicious activity reports, power of attorneys, Americans with Disabilities Act, past due boxes, abandoned property and many other legal and compliance issues have caused great concern and confusion for the safe deposit industry. In this webinar you will receive current information about all these issues and an in-depth explanation about how they impact your financial institution and your safe deposit box renters
Topics covered in this session
- What “SEVEN” past due fees should be collected for delinquent box renters
- How to handle contents removed from a drilling delinquent safe deposit box
- Who can legally access and remove contents from a deceased renter’s box
- How does the Servicemembers Civil Relief Act (SCRA) apply to past due boxes
- Does “Beneficial Ownership of Legal Entities” regulation apply to business boxes
*This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
Your Instructor
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.
This course is covered under team memberships.
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