Home :: 2019 New Accounts in Kentucky - E-manual
2019 New Accounts in Kentucky - E-manual

A great reference for Kentucky bankers!

Our price: $495.00
Quantity 1 (this product is downloadable)

This electronic manual is provided as a PDF document. It can be copied and distributed to an unlimited number of employees or posted on the financial institution's intranet for instant access and easy reference. This manual was provided to attendees of the 2019 New Accounts in Kentucky seminars. The program was sponsored by Pegasus Educational Services, LLC.

There is a lot to know on the new accounts desk – Federal regulations, state law, bank policy and procedures.  This manual makes sense of federal and state requirements and allowances, and provides a strong foundation for adherence to bank’s policies and procedures, especially in the areas of CIP, CDD and IRS Taxpayer Identification Number (TIN) and titling requirements.

The primary emphasis of the presentation and materials is KNOW YOUR PROGRAM. After a decade of operating under CIP many employees have developed account opening routines based on habit and hearsay rather than reference to the CIP approved by the bank’s board. The importance of knowing what is required by the bank’s written CIP and CDD programs is stressed from beginning to end. Attendees learn that the answers to many of their day-to-day questions are available in writing in the bank’s written policies and procedures.  

This manual also includes the updated Account Matrix for easy reference!

There are three focal points:

  • a better understanding of when the bank’s policies and procedures determine what is required or acceptable at account opening,
  • the types of consumer, fiduciary and commercial account ownerships recognized by Kentucky law, and
  • documentation available to open accounts properly under federal regulation and state law.

Speaker Bio

Laura Wilson is a principal with Pegasus Educational Services, LLC. She is a gifted trainer who proves learning can be fun. Audiences routinely comment that her recollection of material content and sense of humor are unique among presenters on technical topics.

Her career in training on banking related issues began in 1987. At one time she served as the regulatory compliance trainer for a $3 billion savings bank. Later, she was a senior consultant and full-time trainer for a regional consulting firm for financial institutions.

She has served on the faculty of the OTSí Level I Compliance School and the FDICís Bank Operations and Compliance School for examiners. In addition to presenting seminars for 17 state banking associations, she has been an instructor at compliance schools sponsored by the Iowa, Kentucky, Texas and Pennsylvania bankers associations. She is also a member of the American Society for Training and Development.