In CU Business Group’s Business Deposits 201 you heard that managing deposit risk is just as important as managing credit risk. This session will review important questions to ask when opening a business deposit account as well as provide resources for verifying your business members’ information.
Some of the topics covered in this course include:
- Sources for research before the interview
- Interview points designed to detect fraud
- Red flags that point out potential fraud
- Sample fraudulent documents
Suggested audience: Operations/compliance staff, branch managers, new accounts, and any member
service staff who open business deposit accounts.
Length: 35 minutes