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Are Safe Deposit Boxes on Their Way Out? (2/6/25)

Are Safe Deposit Boxes on Their Way Out? (2/6/25)

Library:

This Course provides answers for the most frequently asked “phasing out” questions and addresses the many important “Pros & Cons” for continuing or discontinuing this service.

Instructor

Dave McGuinn

Credit Hours:

2.4 CPE

Date & Time

Feb 6, 2025, 7:30 pm EST

Duration

2 HR

Standard Price:
Regular price $299.00
Sale price $299.00 Regular price
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    Whether you have 50 boxes or 5,000, this Course provides a realistic and well-organized method of reviewing and auditing your procedures before a catastrophe occurs. Your speaker knows firsthand what to look for, from the most common errors to the not so common, but potentially costly mistakes. This Course will also help you review your own internal procedures.

    This Course covers:

    • What happened to all the safe deposit boxes after a fire totaled several branches?
    • Why did 1,500 box renters file a large safe deposit lawsuit after a DEA vault raid? 
    • Why are many flooded safe deposit box disasters caused by defective plumbing?
    • What 15 steps must be taken when a flood fills a vault with contaminated water?
    • How can proper vault door closing procedures help you avoid overnight guests?
    • What details about safe deposit burglaries have TV reporters covered recently?
    • Why are self-service box renters now suing for millions?


    Specific Take-aways:

    • How can FDIC or NCUA signs, logos or brochures create safe deposit liability? 
    • Why should renters be provided with “No Insurance” disclosure forms?
    • What ten questions will always be asked in any safe deposit lawsuit?
    • How should employees be trained to answer consumer’s questions?
    • Why must phrases like “waterproof or fireproof” vault be avoided? 
    • Would your part-time attendant make a good courtroom witness?


    Bonus Material:

    • Final exam to test and review your vault security and disaster procedures.
    • Provide Sate Deposit Report Card to audit your security. 
    • Website with over eighty (80) safe deposit box resources.
    • Current safe deposit news articles and videos.


    Who should attend?

    This informative program will benefit safe deposit supervisors, vault attendants, compliance officers, auditors, security officers and your in-house legal counsel.

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