The banking industry has the number one reported unclaimed property asset among various industries, which depletes the assets of your organization. Unclaimed property laws can also leave financial institutions at risk of noncompliance, increasing the likelihood of significant fines and penalties. Given that some states no longer recognize ACH transactions as evidence of an active account, this could require FIs to close and remit assets from accounts that have direct deposits. With audits on the rise, it’s important to learn as much as you can and take action to mitigate your risk.
Join this webinar to learn how to retain assets, improve customer/member satisfaction and reduce your risk.
PAYMENTS 2017 conference attendees: Register for this webinar at the special discounted rate of $50 and automatically receive the recording for FREE!
Sandra Gaskamp, AAP, NCP
Operations Support Manager, University Federal Credit Union
Mary M. Gilmeister, AAP, NCP
President, WACHA - The Premier Payments Resource
SVP, Business Development, Georgeson Securities, Computershare
Pamela T. Rodriguez, AAP, CIA, CISA
President & CEO, ePayAdvisors