Dates of Event & Pricing

$249 for Webinar and Playback*

*Playback has no expiration and may be shared internally.

  • Friday, July 12, 2019

  • 12:00 – 1:30 pm (Eastern Time)

  • 11:00 – 12:30 pm (Central Time)

  • 10:00 – 11:30 am (Mountain Time)

  • 9:00 – 10:30 am (Pacific Time)

Curriculum

The safe deposit business is often thought of as a “low risk – low reward” business. This is far from the reality. Generally, the risks outweigh the rewards.

“Mistakes” (e.g. control breakdowns) in the safe deposit area expose the financial institution (bank, savings association, credit union) to unlimited liability. Since the lessor of the box (the financial institution) does not know what is in the lessee’s (customer) box, any claim against the bank can be for unknown and unlimited amounts.

In addition to mistakes that occur in the decedent box renter process, other serious mistakes can occur in the access process.

This safe deposit webinar provides attendees with the best safe and sound practices and controls during the process of allowing customer access and exiting of the customer’s safe deposit box.

Specific focus will be placed on:

  • The Definition of Access
  • General Access Issues
  • Verification Procedures
  • Box Removal Procedures
  • Re-vaulting Procedures
  • “Notification of Death” Procedures
  • Required Documentation
  • Access Tickets
  • When to Deny Access


Attendees take away an approach that is well-controlled, safe and sound. This approach will protect the financial institution against unlimited liability claims.

Save 40% by signing up for ALL 9 SESSIONS with playbacks for just $995!

Instructor

  • Paul Sanchez

    Paul Sanchez

    PSA Professional Service Associates / Founder


    Paul J. Sanchez, CPA, CBA, CFSA conducts a CPA practice in Port Washington, New York. He is also the owner of Professional Service Associates (PSA), a consulting and professional training and development business servicing corporate clients (auditors, controllers, etc.), CPA firms, professional associations and others. He was an assistant professor at Long Island University – C.W. Post Campus as well as an adjunct lecturer at City University of New York. Prior to starting PSA, he was the Vice President-Professional Development for the Audit Division of a regional bank and Director of Professional Practices and Vice President of a money-center bank, where he directed the professional practice development and training for internal auditors.