Most Popular Operations Content
Fair Banking Components
04/16/2023
What are some recommended elements of a fair banking program?
Grace period for deposit insurance coverage
04/16/2023
Our bank has a time deposit owned jointly by Mary Smith, who died last week, and her daughters, Carol Jones and Jessica Smith. It is the only joint account in our bank in their names, and there is a balance of $700,000 in the account (Mary received the interest each month as a transfer from the time deposit). Should we talk with Carol and Jessica about FDIC deposit insurance limits?
What if more than one is in control? All register?
04/16/2023
Will there be more than one controlling person?
Social Security and deceased customers
04/09/2023
How long does it take for Social Security to act after a Social Security beneficiary dies?
Company applicant unknown? Timing matters!
04/09/2023
What if the company applicant is unknown?