Handling Dormant Accounts, Unclaimed Property & Escheatment's

Webinar 
Presented by Indiana Bankers Association Partnering with Financial Ed
Wednesday, July 7, 2010 - 3:00 - 4:30 p.m. EST

Click here for a PDF registration brochure.  

PROGRAM CONTENT
There has been considerable attention recently on the large dollar amount   of dormant accounts and unclaimed property held by financial institutions.  The way dormant accounts and unclaimed property in safe deposit boxes is handled has come under attack by both consumers and state agencies that receive the unclaimed property.  Escheat laws vary from one state to another.  This webinar will not cover the specific escheat laws of each state, but it will cover the Uniform Unclaimed Property Act and its concepts.  More importantly, this program will provide the tools that banks need to evaluate procedures/practices regarding dormant accounts and unclaimed property.

HIGHLIGHTS

• When is an account considered dormant?
• What fees can be imposed on dormant accounts?
• Are federally-chartered financial institutions exempt from state law?
• What are a financial institution’s requirements under the Uniform    Unclaimed Property Act?
• How should safe deposit boxes be handled?
• Does your bank’s deposit share agreement or safe deposit agreement impose additional requirements?

WHY SHOULD YOU PARTICIPATE?
This session is a cost-effective way to learn about the various laws and  regulations regarding dormant accounts and unclaimed property.  You may train as many individuals as you like for one set price.  There will be no travel costs, no time lost from work, and no one will be required to leave the institution.

WHO SHOULD ATTEND?
This informative session is designed to assist staff with the proper handling of dormant accounts and unclaimed property.  Any personnel involved with deposit accounts and safe deposit boxes will benefit from this session.

ABOUT THE PRESENTER – Elizabeth Fast, JD, CPA 
Elizabeth Fast is a partner with Spencer Fane Britt & Browne LLP where she specializes in the representation of financial institutions.  Elizabeth is the head of the firm’s training division known as Bankers Choice.  She received her law degree from the University of Kansas and her undergraduate degree from Pittsburg State University.  In addition, she has a Master of Business Administration degree and she is a Certified Public Accountant.  Before joining Spencer Fane, she was General Counsel, Senior Vice President, and Corporate Secretary of a $9 billion bank with more than 130 branches, where she managed all legal, regulatory, and compliance functions.  She is   a customer of the Missouri State Banking Board by appointment of the Governor.

THREE REGISTRATION OPTIONS
1.  LIVE WEBINAR
The LIVE WEBINAR registration option allows you to have one telephone connection for the audio portion and one internet connection (from a single computer terminal) to view online visuals as the presentation is delivered.  You may have as many people as you like listen from your office speaker phone.  Registrants receive a toll-free number and pass code that will allow entrance to the seminar.  The session will be approximately 90 minutes, including question and answer sessions.  Seminar materials will be sent prior to the broadcast along with hookup instructions.  Your pin number, hookup instructions and handouts will be emailed to you.  You will need the most current version of Adobe Acrobat Reader available free at www.adobe.com.

2.  ON-DEMAND WEB LINK** AND FREE CD ROM*
Can’t attend the live webinar?  The ON-DEMAND WEB LINK** is a recording of the live event including audio, visuals, and handouts.  We even provide the presenter’s email address so you may ask follow-up questions.  Within 5 business days following the webinar, you will be provided with a web link that can be viewed anytime 24/7 for the next 6 months.  This link will expire 6 months after the live program date.  But there’s more . . . AS AN ADDED BONUS, you will also receive a FREE audio/visual CD ROM.*  The CD includes the original audio/visual presentation, the question and answer sessions, and the handouts.  Use the on-demand link or this “off-the-shelf” training program for those that could not attend the live seminar and for future training. 

3.  BOTH LIVE WEBINAR AND ON-DEMAND WEB LINK** (INCLUDES FREE CD-ROM*)
Includes options 1 and 2 above

AFFORDABLE, PROFESSIONAL TRAINING, WHEN & WHERE YOU CHOOSE

*CD Rom for PC use only

**All materials are subject to copyright and intended for your bank’s use only.

Registration Fee
Live Webinar
$255 Member              $150 Additional Branch Member 

$510 Non-Member     $300 Additional Branch Non-Member

On-Demand Web Link **And Free CD ROM**
$255 Member              $510 Non-Member

Both Live Webinar & On-Demand Web Link **(Includes Free CD-ROM)**
$375 Member               $750 Non-Member

Cancellation Policy
Within three or more business days prior to the day of an educational program, no cancellation charge will be assessed. If your bank is unable to participate after registering, you can also select to purchase an audio of the recorded presentation. To cancel please call Marlene Wells at the Indiana Bankers Association at 317-387-9380.