3 Day Deposit, BSA and Account Opening Update and Review OnDemand with Live Streaming Webinar

CFT Credits: 0.50

Attend the 3 Day Deposit, BSA and Account Opening Update and Review Seminar from the convenience of your own office via Live Streaming Video as it happens on February 23rd, 24th and 25th (9:00 am – 4:00 pm Central Time), or at your own convenience with 6 months of OnDemand playback.

Webinar Description and Intended Audience

Attend the 3 Day Deposit, BSA and Account Opening Update and Review Seminar from the convenience of your own office via Live Streaming Video as it happens on February 23rd, 24th and 25th (9:00 am – 4:00 pm Central Time), or at your own convenience with 6 months of OnDemand playback.

On day one, streaming attendees will learn about the regulatory changes affecting the deposit side of your financial institution in 2021. Regulations D, E, CC, DD and other miscellaneous regulatory issues will be covered.

On day two, we will cover all facets of BSA. From the COVID 19 fraud and FinCEN advisories that are keeping us busy with SAR filing requirements. To Currency Transaction rules on businesses that are still pending to the many changes in the transaction monitoring area. Plus, you can only imagine the challenges institutions are having with online account opening and identification processes as we change our Customer Identification Programs to open accounts when we are not face to face. Its going to be a big, busy year with many new types of customer services, fraud and CIP Procedures.

Day three will cover new account procedures and will develop you into the exceptional new account representative that your institution needs or help you write the procedures your institution needs. You will receive a new account manual template that is over 600 pages of tips on how to run Customer Identification Program and Customer Due Diligence on over 40 accounts. Plus you will receive checklists, matrixes and other tools to help you develop your own tailored new account process.

To register for just one of the events, click the title below of the event(s) of your choice.

Seminar Overview:

Day 1: 2021 Deposit Regulatory Update and Review – Tuesday, February 23rd 

  • 10 Hot Spots on Overdraft Programs
  • Where are we on complaint management?
  • What are some key point for developing an online program?
  • Regulation CC Holds
  • Check scams and UCC 3 and 4 facts you need to know
  • Regulation E unauthorized transactions
  • Changing products and Regulation DD requirements
  • What happened to savings accounts and NOW accounts?
  • New Accounts disclosures
  • Recent sanctions and fines and what we can learn
  • Insurance issues and challenges
  • Developing a new account process to accomplish all the federal regulatory requirements
  • CP 2100 and TIN Match Issues
  • Anything new happening at the federal level

Day 2: BSA Officer and Staff Annual Update and Review – Wednesday, February 24th 

  • National Defense Authorization Act—BSA Implications for Beneficial Ownership, CTRs and SARs
  • Managing risk assessments, internal controls, audit and training
  • Beneficial ownership issues and changes
  • Customer Identification Program and Customer Due Diligence
  • OFAC
  • SAR Reporting and Decision Making
  • Currency Transaction Reporting
  • 314 A and 314 B
  • Funds Transfers and Monetary Instrument Rules
  • COVID 19 Fraud
  • Virtual Currency Issues
  • Geographic issues
  • Cyber Crimes, Elder Fraud, Human Trafficking and Human Smuggling
  • Challenges when you open accounts online

Day 3: Opening 40 Types of Deposit Accounts: CIP, Documentation, Procedures and More! – Thursday, February 25th 

  • From Birth to death on 40 accounts
  • Types of identification that are acceptable
  • Issues with the military ID copies
  • Issues with online opening identification images
  • Nonresident alien issues on interest bearing accounts
  • What regulations disclosures go to what type of accounts
  • Writing your procedures, checklists, matrix for your state and your institution
  • Personal Accounts
  • Power of Attorney
  • Agents, Convenience signers, authorized signers
  • Uniform Transfer to Minors Accounts, joint accounts with minors, PODs to minors
  • Social Security and VA Accounts
  • Death and Estates
  • Tricky issues on formal trusts
  • Business Accounts
  • IOLTAs, Agents, 1031 Exchange
  • Nonprofits, charities, and benefit accounts

Training Day Agenda (Subject to Change)

9:00-10:15am – Content followed by a 15 minute break and Q&A
10:30-12:00pm – Content followed by a 45 minute lunch break and Q&A
1:00-2:15pm – Content followed by a 15 minute break and Q&A
2:30-4:00pm – Remaining content and final Q&A

Who Should Attend?

BSA Officers and Staff, Bank Management and Board of Directors, Deposit Compliance Officers and support staff, Deposit Operations, Deposit Training, Personal Bankers, Customer Service Representatives, Management and Deposit Staff, Deposit Operations, Deposit Compliance, Deposit Training, Customer Service Representatives, Branch Managers, Personal Bankers, and Lenders. Virtually anyone at your institution!

Webinar Viewing Options

LIVE WEBINAR:                                              

INCLUDES 7 DAYS OF UNLIMITED ONDEMAND PLAYBACK!  With this option, you will participate in the webinar live, via the internet. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a telephone for the audio. You can type and send your questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate at the same time.  And don’t worry if you miss the webinar, you can still view it for up to seven days after it takes place!


With this option, you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link to the media player where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it a very effective training tool. The OnDemand Video will be available to you (and anyone else in the company) for six months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.


If you do not have internet access or want to make the webinar part of your training library, the CD-ROM Recording is a great option for viewing a webinar. You can pause, fast-forward and rewind as needed, which makes it an effective training tool.  With this option, you will receive a download of any applicable handouts and a CD-ROM (featuring the full-color PowerPoint presentation with audio) via regular mail. Mailed 7 to 10 days after the webinar takes place.


Webinars can be scheduled and offered exclusively for your company.  They can even be customized to best fit your needs.  To find out more, please complete the in-house request form found in the Schedule and Registration Information section below.

Continuing Education (CE) Credits

This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.

Register Here!

Choose the viewing option that best suits your needs. Live Webinar times are shown as Eastern Time. You can choose to pay by credit card or invoice when you register. CFT Credit will be awarded to the registrant, unless directed otherwise (additional attendees can also receive credit for an additional fee). CFT Webinars are powered by Total Training Solutions!

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