Kentucky Bankers Association
KBA ProfileKBA LogoutKBA HomeContact KBAAbout KBA
Calendar of EventsCompliance & LegalDirectoryEducationHeadlinesJobsKBA Benefit PlansKBA PublicationsLegislativeLinksProducts & ServicesSecurity



 
 

Conferences, Conventions & Meetings

Education

Regulators Calendar and other Meetings

ABA Telephone Briefings

Event Search

 

 
Event Details  
 
 

Medallion & Signature Guarantee Rules*

Type: Phone/Webcast
Date: 08/24/2010 thru 08/24/2010
Location: Your Office, 2-3:30 CT,
Event Contact: awhitaker@kybanks.com
Brochure

Signature guarantees are not new, but financial losses and administrative problems associated with them are increasing. Many bankers do not understand their responsibilities when guaranteeing a signature or when using a Medallion stamp. This can expose your bank to substantial liability! The FDIC mandates that all financial institutions that issue or accept signature guarantees must have effective internal controls to mitigate the losses and problems associated with signature guarantees.

Would your bank pass this test? Do you know the differences between the various signature guarantees, including the STAMP Medallion Program? Join us and learn the situations in which each type of signature guarantee is required, including analysis of the risks and liabilities each imposes on your bank. NOTE: This seminar is not sponsored by or affiliated with the STAMP Medallion Program.

HIGHLIGHTS
  • Distinguish among the various types of signature guarantees
  • Explanation of STAMP Medallion Program
  • Practical examples of common situations and how to handle them
  • Liability imposed on the bank and how to reduce that risk
  • Proper identification of parties
  • Questions to ask: Is signature genuine? Is signer the appropriate party? Does signer have legal capacity?

    WHO SHOULD ATTEND
    This informative session is designed for any staff that issues/accepts signature guarantees or participates in the STAMP Medallion Program.

    TO REGISTER
    Online registration is available below. We encourage you to use the online system, but if you prefer paper,
    click here for a printable program brochure with registration form.

    ABOUT THE PRESENTER
    Elizabeth Fast, Esq., JD & CPA, Bankers Choice is a partner with Spencer Fane Britt & Browne LLP where she specializes in the represent-tation 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 Admini-stration 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 member of the Missouri State Banking Board by appointment of the Governor.

    WHAT IS A WEBINAR/ON-DEMAND WEB LINK
    The LIVE WEBINAR allows 1 phone connection and 1 Internet connection (from a single computer terminal) to view online visuals as the presentation is delivered. Registrants will receive a toll-free number and pass code allowing entrance to the webinar. The session will be approximately 90 minutes in length, including question and answer sessions. The pin number, hookup instructions and handouts will be emailed 3-5 business days prior to the webinar. Registrants will need the most current version of Adobe Acrobat Reader, which is available free at www.adobe.com.

    The ON-DEMAND WEB LINK is a recording of the live webinar, including audio, visuals and handouts. The presenter's email address is also provided for follow-up questions. Within 5 business days, following the webinar, registrants will be provided with a web link that can be viewed anytime 24/7 for 6 months (the link will expire 6 months after the live program date). AS AN ADDED BONUS, registrants will also receive a FREE CD. The CD includes the original audio/visual presentation, question and answer sessions and handouts. CD for PC use only.

    e-Events : Event Registration Detail
    Event Location
    Your Office, 2-3:30 CT

  • Registration Fees
    KBA Live Webinar & Written Materials $255
    KBA On-Demand Web Link (Plus FREE CD) $275
    Non-Member Pricing

     


     

    Site Developed by TCS Software Inc.
    KBA Home Contact KBA About KBA