Account Acceptance and Termination
There is a risk in opening new fiduciary accounts. From review for acceptance (evaluating assets, key language and prior trustee activity) to review for termination, including procedures and best practices, this class will show you how to protect your institution while acting in a fiduciary capacity.
After completing this course, students will be able to:
- Describe the account acceptance process
- Describe account termination considerations
Trust officers with at least three years of personal trust experience who need a deeper understanding of technical trust concepts and how solutions work when applied to client needs.
ICB Certifications: 1.0 CSOP, CTFA
ABA Certificates: This course applies to the ABA Certificate in Trust: Intermediate.