03/17/2003
We are planning to compile a deposit account manual for our personal bankers. We hope to include "how to" information on opening checking and savings accounts, as well as CDs and IRAs. Any recommendations on what should be included and sources of information will be greatly appreciated.
02/03/2003
On our signature cards, we have authorized signers who are also designated as POD beneficiaries. Does this practice have any legal complications that would be damaging or harmful for the bank?Could the authorized signer status be viewed as having a Power of Attorney Status without the POA terminology being used on the signature card?
12/02/2002
Two established companies are forming a joint venture. They want to establish a "joint venture" business checking account. How should we style the account, what documentation should we require and should the "joint venture" have it's own tax ID number?
09/02/2002
On an individual account for a son where the mother is an authorized signer what rights does the mother have on the account. My concern is that the son is going to war but does not want to make the mother a joint owner, with GLBA what in mind can the authorized signer receive statements, balance, information, etc.?
08/12/2002
Can a joint account also have authorized signers who can added and deleted by either owner?
06/10/2002
11/05/2001
Can a sole proprietorship be owned by a trust? If so is it wise? We were concerned with business liabilities against a trust rather than a person. Example: John Doe trustee of the John Doe Trust DBA "Business Name"