Terri D. Thomas
Terri D. Thomas is Senior VP and Legal Department
Director for the Kansas Bankers Association. Prior to this, she was with
"Bankers Choice," a financial consulting firm. Before this, Terri was employed
in the financial industry for over twenty-three years in various capacities.
Most notably, she served for fourteen years as in-house legal counsel and trust
officer for Bank of America and its Kansas predecessors. Receiving her Bachelor
of Arts degree from Kansas State University in 1985, Terri continued her
education at Washburn University School of Law and obtained her Juris Doctor in
1988. Presently, she serves as an adjunct instructor at Washburn University
School of Law and the University of Kansas School of Law and is a frequent
seminar presenter for financial associations.
Tuesday, July 20th, 2010
10:00 am - 12:00 pm
CST
The Institute of Certified Bankers
TM(ICB) is
dedicated to promoting the highest standards of performance and ethics within
the financial services industry. This webinar has been approved for 2.5 CBT,
CCSR, CFSSP, CRCM, & CSOP credits.
There has been a dramatic increase in the number of fraudulent cashier's
checks. Virtually every day a warning is distributed by financial institution
regulatory authorities stating that fraudulent cashier's checks are being issued
in a specific financial institution's name. Your financial institution may have
even been the financial institution that the fraudulent cashier's checks were
drawn on. This webcast seminar will discuss the risks posed by fraudulent
cashier's checks, whether your financial institution is the financial
institution of first deposit or the alleged issuer.
Covered Topics:
- Procedures for identifying potentially suspicious items
- Criteria for placing holds on these deposits
- Restrictions imposed by Reg CC and the UCC
- Language that should appear in your institution's deposit agreements to
mitigate your institution's risk of loss
- Ways to work with your institution's customers who have become victims of
fraudulent cashier's checks
Who Should Attend?
This webcast seminar will be useful to any person who
deals with deposits including tellers, deposit operations personnel, deposit
policy makers, compliance personnel and attorneys.