This seminar will focus on certain aspects of share account administration that cause confusion – particularly, setting up accounts that involve fiduciaries and handling the accounts of deceased members. The discussion will cover credit union forms, as well as documents brought in by third parties.
Topics will include:
Documenting new accounts
- Knowing your account terms
- Joint account issues
- Dealing with representative payees, trustees, and other fiduciaries
Deceased members’ accounts
- Dealing with persons claiming funds
- Dealing with various documents that may be presented
BYO forms: Have your credit union’s account agreement with you for reference.
Speaker: Carol Bertoux is Associate General Counsel for the Illinois Credit Union League. In this position she assists the general counsel and chief operating officer of the League in general matters on behalf of the League and its affiliates. She also analyzes state and federal laws, rules and regulations that affect credit unions, and provides assistance and advice to credit unions and their retained counsel.
Over $75 million - $159 per telephone connection
$7-$75 million - $139 per telephone connection
Under $7 million - $79 per telephone connection
An audio archive is available at no additional charge and can be accessed for 60 days after the live session. Instructions on accessing the archive will be sent with your connecting instructions and confirmation.
Scholarships are available for all KCUA education events. Scholarships pay 100% of registration fee for credit unions under $7M, 50% for credit unions between $7-$75M and 25% for credit unions over $75M.
Sorry, no cancellations are allowed after connecting instructions and handout materials have been sent to registrants. Substitutions are welcomed and encouraged.