Hybrid Delivery Options (select your preference when registering)Tuesday, April 15, 2025 - IBA Center for Banking Excellence, Springfield OR Live-Streamed 9:00 a.m. - 4:00 p.m.
Opening a new deposit account constitutes entering into a contractual agreement. It is critical that both the new account representative and the customer understand the bank's obligations along with the terms and conditions the customer is being asked to accept. The ability to clearly explain the terms, conditions, and benefits of the account significantly influences the customer's impression of your bank and its services. In addition, there are updated regulatory requirements for obtaining beneficial ownership information on covered business accounts.
The primary focus of this seminar will be on the lifecycle of the account, including application Illinois and Federal requirements and regulations, including any updates to those regulations. This program will be interactive encouraging attendee participation. Join your peers to discuss the 2025 New Accounts in Illinois update and how it impacts your bank.
Topics
Audience
Tellers, head tellers, branch managers and administrators, new accounts representatives, compliance officers and staff, training staff, and others who manage or work the front line.
Wipfli LLP Facilitators
Andy Slotter, Senior Consultant, and Jennifer Lafferty, Manager, are both sought after speakers and facilitators for industry events and provide custom regulatory compliance and BSA training solutions. Their firsthand experience working in the financial services industry allows them to provide meaningful insight and helpful recommendations in the areas of regulatory compliance and BSA.
Continuing Education
6 CPE Credits (IL Public Accounting)
ABA Professional Certification under review
Per Person FeeIBA Member $265Nonmember $445