When you register for this webinar, you will receive a complimentary 5-part Toolkit.
This webinar will provide the banker with several advanced tax return concepts and related analyses to help them more effectively work with their business customers.
The Gist: Financial Institutions that engage in transactions involving money generated by marijuana-related activity are subject to criminal liability for failure to identify or report financial transactions which implicate violations of the U.S. Controlled Substances Act (“CSA”).
However, there is real potential for community banks and credit unions to offer their services to marijuana businesses. This is because bigger national banks continue to close out the last of their existing cannabis-related accounts. Although your Institution would still take on risk by providing services - which, technically, would violate federal law - if you comply with the Cole Memo and FinCEN Guidance, then this could be a lucrative opportunity.
Upon completion of this webinar, participants will understand:
• What regulations cover advertising for credit products;
• What communications are considered “advertisements”;
• What are triggering terms and triggered disclosures;
• When the Member FDIC/NCUA and Equal Housing Lender logos are required;
• Differences between advertising requirements for consumer and commercial loans; and
• UDAAP issues surrounding advertising.
This webinar is a one-stop shop for issues surrounding the TILA-RESPA Integrated Disclosure (TRID) rule rule. In this session, we will analyze the TRID rule and the CFPB's amendments to that rule. We will explore how the rule changes can impact your current business operations and identify key requirements that may cause confusion for your mortgage lenders. We will discuss guidance and other publications issued by the CFPB that will help facilitate your Institution's implementation of the rule. We will also review mortgage lenders' obligations under the TRID rules to track and monitor tolerance levels.
When you register for this session, you will receive a Toolkit that includes (but is not limited to) the following items:
(1) Strategies to improve your collections skills;
(2) Tips to ensure all accounts are handled in a consistent fashion;
(3) Important provisions to add to your institution's debt collections policies and procedures NOW!
By broadly interpreting the types of collections practices that are considered Unfair, Deceptive, or Abusive Acts and Practices (UDAAP), the Consumer Financial Protection Bureau (CFPB) has redefined the types of practices your FI can employ to collect on debts.
After attending this webinar, you will walk away with a deeper knowledge of Cash Management, conduct a risk assessment on any new products, and bring back ideas to your bank on how to market Cash Management products and services to your business clients. In addition, your team will also work better together knowing how critical each area is to the success of the implementation and sale of these products and services.
When you register for this webinar, you will receive a complimentary 9-part toolkit, which includes the following materials:
= (1) Revocable vs. Irrevocable Trust Comparison Chart
= (2) Estate Plan Flow Chart
= (3) Trust Structure 101
= (4) U.S. State Trust Laws: Income Taxes & Trust Duration
= (5) Sample Power of Attorney Form
= (6) Sample Adult Guardianship Form
= (7) Sample Child Guardianship Form—When Parents Agree
= (8) Sample Child Guardianship Form—When Parents Will Not Agree
= (9) Social Security 19-Page Guide for Representative Payees
Revocable, Totten Trusts, Guardianships, Minor and Estate Accounts, Oh My! What are the differences in these accounts and what do they actually mean? If contemplating these various accounts makes you queasy, fear not! After attending this 90-minute session, that nauseated feeling will be replaced with steadfast resolve. The next time a binder full of legal trust documents lands on your desk, you'll confidently delve into the responsibilities of collecting the proper documentation; correctly titling the account; selecting the appropriate ownership; and, knowing who is legally allowed to access the account.